Floridians may be interested to hear that after 21 years of marriage, acclaimed filmmaker Michael Moore has filed for divorce from his wife Kathleen Glynn. A complaint filed at the Antrim County Court has revealed that the high-profile couple had already been living...
When people file for bankruptcy and undergo a divorce almost simultaneously, they may wonder--should the divorce or the bankruptcy come first? This is an complicated question, particularly when elements like assets, debt and property division come into play. One...
Florida couples contemplating getting a divorce might be interested to learn that some states are contemplating changing their alimony laws. Alimony comes into play when one spouse is ordered to make payments to the other spouse after they are divorced. Traditionally,...
A comprehensive divorce settlement agreement in Florida should include the valuation and division of all assets that were acquired during the marriage. These assets include everything from homes and bank accounts to baseball card collections and frequent flier miles....
Some Florida residents planning to divorce may wonder about the tax implications. Divorce often includes the sale of a home. The Internal Revenue Code may allow a spouse to exclude some of the gain from a home sale from being considered income. Knowing how to take...
When a couple gets divorced, many financial matters have to be settled. This is especially true for people with numerous assets. Because Florida is an equitable distribution state, assets are divided in a fair and equitable manner but not necessarily 50-50. A spouse...
Many Florida divorcees may forget to consider the tax consequences of their divorces. There are many things that recent divorcees may not consider when filing their taxes, such as alimony. The divorced couple should discuss who will be claiming the children on their...
Those in Florida who are attempting to change alimony laws faced a setback with the vetoing of a proposed law by the governor, but they have not given up the fight to change how spousal support is handled in the state. Alimony tends to be a point of contention during...
Florida residents may be interested to hear about a dispute involving actor Charlie Sheen and his estranged wife, Brooke Mueller. The couple's twins were being raised by Denise Richards, Sheen's first wife, while Mueller received drug rehabilitation treatment. Now,...
With nearly half of the marriages in America ending in divorce, creating a barrier between your soon to be ex and your assets is a smart precaution to take. However, most Florida individuals believe that a prenup is the only way to protect assets during a division of...