Category Archives: Property Division
What Are The Key Factors That Impact Property Division In Divorce In Florida?
Are you preparing for a divorce in Florida? You may have a lot of questions about property division. Financial issues are often among the most challenging and contentious in divorce cases. It is useful to have a comprehensive understanding of the factors that Florida courts will consider in property division matters. Here, our Clearwater… Read More »
Four Common Misconceptions About Property Division In Divorce In Florida
Are you preparing to get divorced in Florida? If so, it is normal to have a lot of questions about property division. Splitting up assets is one of the most complex—and often contentious—aspects of ending a marriage. There are a lot of myths about how property division actually works in Florida. In this article,… Read More »
Does Separate Property Ever Become Marital Property In Florida?
Going through a divorce or separation is never easy. One of the most challenging issues for divorcing couples is deciding how to split up the property and assets. In Florida, a couple’s marital property will be divided in an equitable (fair) manner. In contrast, each spouse gets to keep the entirety of their separate… Read More »
Is Florida A Community Property State?
No. Florida is not a community property state. Noted by Investopedia, there are nine community property states, including big states such as California and Texas. However, Florida, like the majority of U.S. jurisdictions, operates under an equitable distribution standard for property division in a divorce. In this blog post, our Largo property division attorney… Read More »
Florida Divorce: Is A 50/50 Split Of The Marital Property Guaranteed?
Property division is one of the most challenging aspects of the divorce process. Before you and your spouse can finalize a divorce, you will need to determine who gets what. This raises an important question: Is an even split of the property guaranteed in a divorce in Florida? The answer is ‘no’—the state uses… Read More »
What is ‘Dissipation of Assets’ and How Does it Affect a Divorce in Florida?
In Florida, a divorcing couple’s marital assets must be divided in an equitable manner. Equitable is not always equal. What constitutes a ‘fair’ distribution of property will depend entirely on the specific circumstances of marriage. If one spouse ‘dissipated’ assets — meaning they wasted, abused, or improperly depleted assets — a Florida court has… Read More »