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A spouse hiding or dissipating assets during divorce can lead to unequal property division. One spouse may be at a financial disadvantage. If you are going through a divorce, it’s important to be adequately informed about these two tactics to take action early. So,...
High-net-worth individuals often assume inherited funds remain theirs forever. While Florida law generally protects these assets, that protection is fragile. It often disappears the moment a spouse signs a closing document for a shared waterfront property or vacation...
Some couples have more than a romantic relationship - they are also business partners. This adds a layer of complication when they decide to divorce. What happens to the business? Do they have to sell it and split the proceeds, or can they continue to run it together?...
Some people going through a divorce make unfair moves to gain a strategic advantage in property division. One of those moves is intentionally wasting marital assets to lessen the other spouse's share in the divorce settlement. They are aware that by reducing the...
Going through divorce as a business owner can certainly make things more complicated when it comes to asset division. In some cases, the business counts as a marital asset, so your ex may have a claim to a portion of the company’s value based on their contributions or...
The more success people enjoy during marriage, the more difficult it may be to divorce. Personal resources are often complicating factors during divorce proceedings. Spouses have to determine what assets they share, what those assets are worth and how to divide them...
Dividing assets in a divorce isn’t just about deciding who gets what. There are tax consequences that can affect your financial future, sometimes in ways you don’t expect. As such, it helps to understand how different types of assets are taxed, whether certain...
Personal resources are at risk during a divorce. Any marital property is subject to division as spouses separate their lives. Spouses either negotiate directly with one another to resolve asset distribution issues or they take the matter to court. A family law judge...
Small business owners who are going through a divorce often have a complex property division process to go through. They have to deal with the normal aspects of dividing assets and debts, but they also have to factor in the business. There are times when the business...
Spouses preparing for divorce have to address many financial issues. They have to separate their property and divide their debts. Often, they may find themselves disagreeing with one another about how to address certain assets, especially those with higher overall...