In addition to your home, retirement accounts may be among the most significant assets to be split during the property division phase of your divorce. Retirement accounts fall into two categories and splitting will depend on the kind of account that is up for...
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Property Division
Do people with more assets fight more?
Having more assets is usually seen as a good thing. But what happens when having more assets actually contributes to a more vitriolic divorce? Popular myth states that people with more assets tend to have bigger fights when dividing assets in divorce. But how true is...
How do people hide assets?
Asset hiding has occurred alongside divorces for as long as property division itself has existed. To that end, anyone can hide assets for any reason, and it is important for everyone going into a divorce to know how to protect themselves. One of the best ways to do...
401(k) considerations during divorce proceedings
Divorce proceedings in Florida present separating couples with a number of complexities. Many of these relate directly to property division, where many often have questions regarding the separation between marital and separate property. Retirement funds (specifically...
Assets a nonworking Florida spouse may obtain in a divorce
Property purchased while married divides by fairness under Florida’s equitable distribution statutes. When only one spouse worked, a nonworking spouse may request a fair portion of a couple’s marital assets. Fairness, however, may not always reflect an even division....
Can one spouse buy out the other spouse to retain assets?
During a divorce, one of the most contentious processes is dividing property. You and your spouse will need to go through every asset you own that has value and is not personal property. You will have to decide who gets what. The Florida Statutes explain you must do...
What factors does the court use to divide property?
Property division in Florida occurs within the concept of equitable distribution. This does not mean an equal division but rather a fair division of property between you and your spouse. According to the Florida Statutes, the court will use a variety of factors to...
How do you divide your house during divorce?
When dealing with divorce, asset division often causes the most trouble. This is especially true if you have a large amount of assets, like multiple properties or bank accounts. Even one single house can cause you trouble, though. One of the first questions you may...
What struggles are unique to grey divorcees?
Across the board, divorce rates have continued on an upward trend in recent years. This holds true for almost every age group, including people aged 50 and up. If you decide to get a divorce while in that age bracket, you may hear the term "grey divorce" or "grey...
Can you get payment early during divorce?
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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