Tag Archives: property division
Financial Disclosure Forms and Your Florida Divorce
Like many other states, Florida court requires both spouses in most divorce proceedings to complete a Family Law Financial Affidavit. The point of this form is to make the divorce process as transparent as possible. This step ensures that both spouses know about all property and debts that exist, which may be subject to… Read More »
What Happens to Our Debts in Our Florida Divorce?
The reality is that most American couples carry debts, whether they stem from mortgages, car loans, or credit card accounts. When a couple decides to divorce, however, these debts can become even more onerous burdens, particularly when each spouse may be struggling financially in attempting to rebuild a life on his or her own…. Read More »
Who Gets to Keep the Pets in Our Divorce?
A 2015 survey by the American Pet Products Association reveals that close to 80 million households in the United States own a pet, which represents about two-thirds of all households. When these statistics combine with relatively high divorce rates, it is not uncommon for couples to fight over ownership of their beloved pet when… Read More »
How Gray Divorce Can End in Retirement Losses for Baby Boomers
Not only are Americans living longer, but they also are divorcing later in life. One study found that the divorce rate for individuals who are aged 50 or older has doubled between 1990 and 2010. At this point, 25 percent of the individuals who are getting divorced in the United States are over the… Read More »
Issues for Baby Boomers Facing Divorce
When older Americans are seeking a divorce, they may think that their issues are relatively simple, since their children are likely to be grown and out of the house, which alleviates the need for the divorce to address issues like child custody, visitation, and support. However, these parties are more likely to own significant… Read More »
Study Shows Risk of Divorce Higher for Those Who Marry in Their Early 30s
The Institute for Family Studies recently published the results of their analysis of data taken from the National Survey of Family Growth between 2006 and 2010. While it is not surprising that those individuals who married young, such as those in their early 20s, faced a heightened risk of divorce, researchers also found that… Read More »
The Challenge of Setting Aside a Divorce Decree
A final judgment is essentially the end of a court proceeding. For dissolution of marriage cases, the final judgment of divorce declares that the parties are legally divorced. It may also divide property, establish custody and grant future support payments. Absent an appeal, the judgment is set in stone and each party is obligated… Read More »
Splitting Retirement Benefits when Divorcing Later in Life
Retirement benefits are usually considered during divorce procedures, but they are especially important when divorces occur later in life. When parties choose to dissolve a marriage after the age of 50, retirement plans can be drastically impacted. It is vitally important that you consider all benefits held by you and your spouse, so that… Read More »
Keep What’s Yours: Understanding Non-marital Property in Florida
A blog was posted on this site discussing how exactly property is divided under Florida law. A key factor is whether assets are considered “marital property” or “non-marital property.” Only marital assets have to be equitably divided when a couple divorces. This means if your property falls under the “non-marital category,” it will be… Read More »