The National Federation of Independent Business estimates that there are more than 1 million husband-and-wife business partnerships. Considering the divorce rate has remained relatively stable during the recession, it is only natural that some of those partnerships end in divorce. Almost all divorces can get tricky when it comes to…
Articles Posted in Equitable Distribution
Marital vs. NonMarital Assets
Whether or not an asset is “marital” or “nonmarital” is often a key issue in a divorce. Marital assets are generally considered jointly owned by both husband and wife, and it is usually up to the court to decide how those assets will be distributed. Nonmarital assets, however, are considered…
Divorce and Division of Assets
Florida law stipulates that marital assets and liabilities are to be divided equitably upon divorce, in legal jargon this is referred to as equitable distribution. However, equitable distribution may not always mean equal division. Each and every divorce case is different. Florida courts look at many factors when determining which…
Co-parenting Beyond Divorce In Florida
When parties divorce in Jacksonville, Florida, a Florida divorce lawyer can help you through difficult issues such as co-parenting beyond divorce, financial issues including mortgage issues, division of property and most importantly, in dealing with the best interests of your child or children. Parents who divorce in Florida and everywhere…
Divorce Affected by the Economy
An article titled, “Breaking up is hard to do because of the economy,” describes how many couples although wanting to file for divorce are stuck in their marriages because of financial woe’s. The article describes a couple who made the decision to end their marriage in the fall of 2008,…
Divorce and Florida Alimony
People contemplating divorce tend to be very curious about the topic of spousal support otherwise known as alimony. As a Jacksonville Beach Family Law Attorney I see divorce cases involving alimony on a regular basis. When first meeting with clients who are interested in the possibility of receiving or having…
Mandatory Marriage Counseling in Divorce Proceedings
A new North Dakota bill is getting a lot of attention in the North Dakota legislature, as it is proposing mandatory marriage counseling in all divorce cases. The drafters of the bill want all married couples, with the exemption of cases with substantiated allegations of domestic abuse, to wait one…
Florida Divorce: Equitable Distribution
Florida has adopted what is known as Equitable Distribution. Under the Equitable Distribution scheme, marital property is fairly (equitably) divided between the parties of a divorce. The current Fla. Statutes require a court to begin the process of dividing assets and liabilities by setting aside those assets that are defined…
Divorce in Florida: What Do We Do With The Marital Home?
In a divorce in Jacksonville, Florida, Florida divorce attorneys used to treat the marital home as an asset but are now having to treat the marital home as a huge debt.If the marital home does not sell in a timely manner, the result has a direct impact on Florida child…