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Posts tagged "Property division"

The family home after divorce: An albatross or haven?

When you go through a divorce, it is a very emotional time. Just when you need to be making the most rational decisions as possible, your emotions are going haywire. Simply getting through each day is a challenge, but now is when you are tasked with determining who will get what assets in your property settlement.

What factors are considered in equitable property distribution?

Florida law, like that in the majority of states, provides for the "equitable distribution" of marital assets and debts -- those incurred during the marriage, either by one or both spouses -- in divorce. Unlike states that recognize marital assets as "community property" that is divided in half, "equitable" doesn't necessarily mean "equal."

Examples of complex assets to divide

Dividing any assets can be complicated during a divorce. Even if it is as simple as dividing a bank account, when you and your ex do not see eye-to-eye, it can lead to a long court case as everything gets sorted out. And that's for one of the easiest assets to split up, with the least questions. If even something that straightforward can cause problems, what are some more complex assets to split up?

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