Property Division

Is deferring the sale of your home a good idea as you divorce?

For many divorcing couples, the largest asset they need to find a way to divide in their home. Typically, they agree to sell the home and split the proceeds or one spouse buys the other’s share and keeps it. Sometimes, a couple doesn’t want to sell the home...

Capital gains tax and property transfers in divorce

If you and your soon-to-be ex will be dividing up substantial assets you’ve accumulated over many years as you divorce, you may have some concerns about the tax implications. Certainly, that’s a factor you should consider so that you know whether something is...

Understanding the division of retirement assets in a Florida divorce

Dividing retirement assets is one of the complexities of divorce property division. You and your ex may have existing IRAs, 401(k)s, pensions and other investments which are subject to equitable distribution under Florida laws. Since retirement funds are significant...

Do I have to pay my ex’s gambling debts on our credit card?

With its convenience and benefits, credit cards have become a staple mode of payment in the U.S. However, a credit card has its drawbacks. And for divorcing parties, it is an additional issue to address. Who pays for credit card debts? Traditional versus joint credit...

How do courts divide a business in a Florida divorce?

Division of assets in a divorce is a complex process. But when a marital business is up for division, it can cause more complications since it is a property that courts usually cannot physically divide among parties. This is why the courts look at certain factors to...

When are forensic accountants needed?

For those thinking about divorce, a huge concern is fairness in the asset split. After all, you both have spent a lifetime building your wealth, and both soon-to-be ex-spouses want their fair share. However, two people can have very different ideas of what’s fair and...

Types of financial experts that may be needed in a divorce

People build their lives and their finances together during a marriage. The couple is able to share in the finances the couple earns and acquires. Couples often make financial decisions based on what is best for the two of them and not just what may be best for just...

Which assets will I receive in the divorce?

If you are getting a divorce, it can be difficult for you and your spouse to sort through all of the assets you have accumulated over the years and determine who gets what. Here are a few things that may impact the property division process in your divorce....

Property elsewhere matters in a Florida divorce

Parties to a divorce consider the most important question, above all others as “Who gets what?” Property division is always tricky in divorce, and especially so when it involves Florida real estate. And division of real estate becomes even trickier when a Florida...

Escaping a prenuptial agreement in Florida

Most Floridians who are preparing to enter a marriage where the couple will own significant assets are advised to sign a prenuptial agreement to avoid any disputes about property division, spousal support or child support in the event of a divorce. A large number of...

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