Category Archives: Property Division
How Do Florida Divorce Laws Apply To Timeshares?
Timeshares are an attractive option when you are looking to enjoy the benefits of a vacation home without the headaches that come with owning property in a distant place. Data from the American Resort Development Association (ARDA) reveals the popularity of timeshare property, indicating that 9.9 million US households own weeks, points, or related… Read More »
How Do Florida Divorce Laws Affect Business Owners?
Distribution of property is one of the key issues that most couples will face when going through Florida divorce, and the basic premise of state law is relatively straightforward. Under Florida’s statute on property division, all marital assets are divided according to the interests of fairness. The same principles apply to any debts that… Read More »
Do I Need To File A Quitclaim Deed After A Florida Divorce?
If you have finalized your divorce, you should consider drafting a quitclaim deed with the help of an Orlando family law attorney. If the court issued a final divorce decree, the decree merely documents the manner in which you and your ex-spouse divide marital property and debts. The divorce decree itself does not actually… Read More »
Can You Use A Trust To Protect Your Assets In A Florida Divorce?
Most divorce-related disputes are related to the distribution of assets. It is not uncommon for spouses to disagree on who gets what and how assets should be handled following a divorce. But can you use a trust to protect your assets in a divorce and prevent your spouse from getting the assets held in… Read More »
How To Value The Marital Home In A Florida Divorce?
Valuing the marital home can become one of the most complicated and contested issues in a Florida divorce. You can contact our Orlando property division attorneys at Greater Orlando Family Law to help you accurately value your marital home and ensure a favorable outcome in your divorce case. How to value the marital home?… Read More »
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 »