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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