You may wonder how Florida courts make a decision on what is income and what is not in divorce cases. In addition, you may wonder how business income is considered in divorce cases by the courts. The case of Marchek v. Marchek, 159 So.3d 1025 (2nd DCA 2015) gives a…
Articles Posted in Property Division
Asset Protection In Divorce: Prenuptial Agreements, Postnuptial Agreements and Irrevocable Trusts
Couples in Jacksonville and the Duval County area may need asset protection options in the event of divorce to eliminate costly litigation. A prenuptial or postnuptial agreement or even irrevocable trusts are great options. However, it is important that an experienced Family Law attorney constructs and reviews these documents. A…
Divorce: Splitting Marital Debt
Marriage has long been described as the union of two people, which in the end gives rise to solidarity of purpose and existence, creating one stronger unit. With the emphasis put on the union, you can imagine that undoing the union is serious business. During divorces, emotions run high for…
More Anger In Divorce Leads To Greater Fees
Here’s something that’s not news to anyone going through the process: divorce can be expensive. When a couple decides it’s time to part ways, it is almost always for emotional reasons but these issues can quickly morph into fights over money. The result can be financial devastation even in splits…
What happens to your house in a Florida divorce?
One of the most common questions that divorce attorneys hear is: “What will happen to our house?” While courts do have the power to order the sale of the marital residence, what happens to the house usually is left up to the parties themselves. Typically, the house situation has a…
Equitable Distribution = What is Equal?
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…
Can I Still Be Responsible For the Mortgage Even After Divorce?
The short answer to this question is, unfortunately, yes. A mortgage contract cannot be negated by a divorce. If, in a divorce, one party is granted sole exclusive use and possession of the former marital home the other party could still be held responsible in the event that the other…
Florida Uncontested Divorce
Many couples considering divorce are concerned that beginning divorce proceedings will mean that they have to put their lives on hold while their lawyers drag them through months of court battles, legal struggles and attorney fees. Not all divorces have to proceed this way. Many couples considering divorce are exploring…
Is Your Spouse Hiding Marital Assets During Your Divorce?
A few weeks ago a report came out that Dmitry Rybolovlev, one of the 100 richest people in the world, had been accused of hiding close to $100 million dollars during his divorce. If you are in a situation involving such incredible wealth, you should seriously consider a prenuptial agreement,…
Who is Responsible for the Mortgage?
As an Orange Park Divorce Lawyer I often hear client’s ask, “If my spouse gets to keep the house in the divorce, can I still be held responsible for the mortgage?” The short answer to this question is, unfortunately, yes. If, in a divorce, one party is granted sole exclusive…