Tag Archives: Florida Division of Assets
How are Student Loans Divided in a Florida Divorce
The cost of education has been rising in Florida and around the country. Collectively, Americans currently hold more than $1 trillion of student loan debt. In the modern world, many people carry their student loan debt for decades. Further, more than ever, older Americans are going back to school and incurring additional student loan… Read More »
We Are Divorcing in Florida, What Do We Do With Our House?
There are few things more stressful than going through a divorce. Divorcing couples are forced to untangle deep and complex emotional and financial ties. Trying to determine what to do with the family home touches both the emotional and financial sides of a divorce. Not only is a house the biggest financial transaction that… Read More »
Florida Divorce: Who Gets the Pets?
More than 65 percent of Florida households own at least one pet. In the event that a divorce occurs, many people are rightfully worried about what will happen to their animals. After all, cats, dogs and other pets are basically members of the family. While the friendship between a pet owner and an animal… Read More »
Orlando Divorce: Tax Planning
Going through a divorce is stressful enough, and the last thing you need is any additional headaches from the Internal Revenue Service (IRS). This is why divorce-related tax planning is so important. You should always take the tax implications of your divorce into consideration. Proper planning can protect your assets. If you have any… Read More »
Property Division in Divorce: What Happens to a Professional Practice?
Apart from issues involving children, the division of assets is generally the most contentious issue in any divorce case. The division of assets can quickly become fiercely disputed, particularly if complex assets are involved. An ownership stake in professional practice is a notoriously complex asset. Professional practices have many unique characteristics that can make… Read More »
Florida Court Issues Opinion in Complex Asset Distribution Case
Recently, Florida’s Fifth Circuit Court of Appeal issued a decision in the case of Mills v. Mills. The case involved a divorcing couple’s dispute over a $245,000 investment loss. Asset, and liability, distribution is a critical part of any Florida divorce case. If you are considering divorce, and you have any questions about the… Read More »
Florida Divorce: How is Debt Divided?
Asset division is often one of the most contentious issues in a divorce. This includes the division of marital debts. No one wants to pay more than their fair share of the bills. If you are concerned that you are going to get stuck with spouse’s debts after your divorce, please contact an experienced… Read More »
Florida Divorce: Hidden Assets
In Florida, the assets of a divorcing couple are divided in an equitable manner. Put simply, equitable distribution means that the marital assets must be divided ‘fairly’. A fair division of assets is often not an equal division of assets, however. By nature, this type of asset division process is complex, but it becomes… Read More »
Florida Congressman to Settle Bigamy & Divorce Case
United States Congressman Alan Grayson and his former wife, Lolita, have finally agreed to terms to annul their 25-year marriage after a contentious, public divorce case. Their divorce has been rife with public accusations, fighting, and allegations of everything from theft of marital property to negligence to bigamy. Now, after a year since the… Read More »