Category Archives: Property Division
How Are Pension and Retirement Accounts Divided in a Florida Divorce?
As the number of gray divorces across Florida and the United States keeps rising, people aged 50 or older are now more likely to get divorced. If you are an older adult or have been in a long-term marriage, pension and retirement benefits could account for a significant portion of marital assets. It is… Read More »
Will You Be Responsible for Your Spouse’s Credit Card Debt Following a Divorce?
As you may know, the marital assets and debts are divided between the partners in a divorce. In Florida, the division of assets and debts is subject to equitable distribution, which does not necessarily mean that you are entitled to 50% of the marital assets. Instead, Florida courts will consider a multitude of factors… Read More »
What Happens to Gifts in a Florida Divorce?
When you and your spouse go through a divorce in Florida, your property will be divided according to the state’s equitable distribution laws. However, not all of your property will be split during the divorce. In Florida, marital property is the only type of property that is subject to equitable distribution. Separate property, on… Read More »
Will My Spouse or I Be Liable for Any Individual Student Loans If We Divorce?
Figuring out asset and debt division can be complicated during divorce, especially when it comes to equitable distribution states, such as Florida. Florida tries to split up property based on what is “fair.” Adding in student loan debt is yet another issue to address, and only adds to that complication. However, while some may… Read More »