Tag Archives: Boca Raton Division of Assets Attorneys
Why it is Important to Understand Tax Implications Before Settling
Celebrity divorces can get pretty ugly for two reasons: 1) they are in the spotlight, and 2) they have a substantial amount of assets that need to be fairly divided. Johnny Depp’s and Amber Heard’s divorce, however, is uglier than most celebrity breakups. After the divorce was finalized and a $7 million divorce settlement… Read More »
Is My Spouse Entitled to Half of My Medical Practice in Divorce?
Building a successful private medical practice in Florida takes a significant amount of time, money, and commitment. For some professionals, the process can take years; for others, it can take decades. No matter how long it took you though, if you have finally found success in private practice, you understand that there is no… Read More »
Property Division in Divorce Cases
In divorces or separations, it is necessary to divide up the property owned between the two separating individuals. Who gets what? It depends on what type of property it is. In cases in which two people are separating, there are three different types of property into which marital property is classified for legal distribution… Read More »
Everything But the Kitchen Sink: Dividing Furniture in Divorce Cases
When working through a divorce or separation process, deciding who gets the couch may seem like it should be low on the priority list. However, establishing property rights to objects in and outside of the marital home can be essential to coming up with a divorce or separation agreement that is fair to both… Read More »
We’re Divorcing: Who Gets the House?
Dividing property can be a touchy subject during a divorce or separation. And often, the most tumultuous decision regarding property division involves the family marital home. It’s sometimes the most valuable asset to be distributed among the parties, and may have a strong emotional connotation. The following includes some things to consider in making… Read More »
Marital or Separate Property in Florida Divorces
A huge part of any divorce proceeding involves negotiating an equitable division of assets. In divorce, assets acquired during the marriage are marital and each party is entitled to a fair share. Separate property, on the other hand, is property that either spouse owned prior to the marriage, or received during the marriage by… Read More »
Your Financial Documents May be Hiding Something: The Search for Hidden Assets in Florida Divorce
You know that divorce involves coming up with a fair and equitable division of assets. In most cases this division is easy – though not necessarily painless – because both parties are forthcoming and transparent about their assets. Unfortunately in others, usually those cases that involve high net-worth clients, children from previous relationships, or… Read More »
Property Rights of Florida Cohabitating Couples
Living together prior to, or even in lieu of, marriage is more commonplace now than ever – according to the U.S. Census Bureau statistics for 2010, 45% of U.S. households were comprised of unmarried couples. Yet in Florida, cohabitation is a second-degree misdemeanor, punishable by up to 60 days in jail and a $500… Read More »
Equitable Division of Marital Assets in Boca Raton Divorce
Florida is an equitable distribution state, which means that when deciding how marital assets and debts should be divided in a divorce, the court presumes that an equal distribution is the fairest option. But equitable distribution doesn’t always mean equal. The overriding consideration in property distribution is fairness, and the court can order an… Read More »
