Before marrying, an agreement on how to handle assets and liabilities in case of an ended marriage is the prenuptial agreement. Postnuptial agreements focus on one issue that occurs during the marriage. Both are legal contracts that bind both parties. Before...
How does Florida define equitable distribution?
When a court divides property in a divorce, it does so under the concept of equitable distribution. While the majority of states use this concept, each state has the right to define what equitable means. According to the Florida Statutes, this state defines it...
Finding hidden assets during a divorce
The financial aspects of a Florida divorce can be complex, convoluted, and challenging. Individuals who choose to pursue a divorce may wish to seek legal support so they are not disadvantaged when it comes to negotiating the settlement of their property, finances, and...
Is a simplified dissolution for you?
Divorce is one of the most upsetting events that can happen in a person's life. It is a long and expensive process that can be made even worse when there are assets, children, or other areas of contention. Floridians considering a divorce may find it interesting to...
Man must split lottery winnings with ex-wife
During a divorce proceeding, dividing a couple's marital property can be a complex task, particularly if the couple has substantial assets. Deciding who gets what is usually done by first segregating marital property from separate property. However, some may wonder...
Robert De Niro’s estranged wife claims half of his $500M fortune
Two-time Oscar winner Robert De Niro's divorce fight is becoming increasingly complicated as his estranged wife Grace Hightower wants half of his fortune, which she alleges is around $500 million. According to sources, the separated couple is battling over the...
How is property divided after a divorce in Florida?
Money and property are believed to be two of the main causes of divorce. If the couple cannot reach an agreement as to how their property and debts will be divided, the court will step in. Most states follow equitable distribution when dividing marital property in a...
Absence of prenup may cause pop star to lose half her fortune
Are you getting married? Have you considered signing a prenuptial agreement? Prenuptial agreements are one approach to control the financial aspects of your life in the event the marriage ends in divorce. Florida residents should be aware of the importance of a...
Alimony-related new tax law for Florida residents
When a Florida couple decides to part ways, they must deal with various issues. These issues include property division, child custody, child support and alimony. Most of these affect a divorcing spouse's finances, as well as the taxes they have to pay. For instance,...
MacKenzie Bezos to get $35 billion in record divorce deal
Married life has many twists and turns. We should not be disheartened at such an unexpected turn of events but should manage it with care and caution by coming to a mutually agreeable settlement, especially regarding property. With billions of dollars on the line,...