Life does not stop when you file for divorce. You still have personal needs and desires. Unfortunately, these things cost money. Rather than make unnecessary sacrifices or strategic missteps, you might be able to go through official channels to get the money you...
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Liability for student loan debt in a divorce
Unlike many debts consumers hold, a student loan debt is held in one person's name only even if the borrower is married at the time the loan is applied for and received. However, the mere fact that only one spouse's name appears on a student loan does not mean that...
What does marital property entail?
When you file for divorce in Florida, there are many issues you must negotiate before finalizing the divorce settlement. For some couples, dividing marital property may be one of the most complicated and overwhelming. Although determining who should receive what can...
What are signs a spouse may be hiding assets?
If you and your spouse decide to end your marriage, you would want your separation to be as honest and transparent as possible. But some spouses recoil at the thought of handing over assets as part of property division and will try to hide as much as they can. To help...
Will a separate bank account protect my money in a divorce?
It is becoming more common for married couples to keep separate bank accounts instead of creating a joint account. It seems to be a trend for younger couples who like to keep finances separate and each maintain control over their own money. However, if you have...
Division of marital debts during divorce
Marital debts take the form of mortgages, car loans, credit cards, etc. These debts are always normal for a couple to deal with when they are still in their marital bliss. However, when things come troubling down, and they have no choice but to let each other go, that...
Divorce, property division and family businesses
Recently on this blog we discussed how marital homes can be dealt with during the divorce process. Dividing assets like the marital home can be challenging given the value and the emotions attached to them. Yet, an individual cannot let sadness or anger blur their...
Dealing with a marital home during property division
There are many legalities that must be addressed during the divorce process. Child custody, child support and alimony often take a lot of attention, but the outcome of property division can be crucial to one's financial position post-divorce. Although Florida...
Are joint bank accounts becoming a thing of the past in Florida?
Traditionally, married couples in Florida and elsewhere have shared everything, including bank accounts. That trend is slowly changing, though, especially as Millennials appear to be redefining traditional marriage. In fact, a recent study found that more than a...
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