Tag Archives: Orlando Property Distribution
What You Need to Know About Social Media and Florida Divorce
For many people, social media has become an increasingly important part of their life. Most Americans are now on at least one social media network. According to data provided by the Pew Research Center, nearly 70 percent of people actively use social media. While using social media is often a causal experience, your posts… Read More »
Is My Retirement Account a Marital Asset In Florida?
As a general rule, a retirement account, and any other assets obtained during a marriage, will be considered marital property for the purposes of asset division. The division of a retirement account can be among the biggest sticking points in a divorce case. This is not surprising, as these accounts are often one of… 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 »
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: 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 »