When couples who have recently married decide that they no longer wish to be together, they often look into the prospect of getting an annulment. An annulment is a court order declaring that a marriage was never valid. (This is different from a divorce, because a divorce means that the marriage is over – not that it never existed in …
How Divorce May Affect Your Health Insurance
Divorce can affect all aspects of your finances – including your health insurance. With health care costs climbing higher and higher, it is extremely important to understand the insurance implications of your divorce early on in the process. This is an especially important subject if your health insurance has been provided by your spouse’s employer. If you have relied on …
What Do “Co-mingling” and “Tracing” of Assets Mean in Divorce Property Distribution?
Let’s say there’s a married couple in Coral Springs, Florida, named John and Mary Doe. Before they got married, Mary’s only asset was the $15,000 balance in her bank account, and John had no assets at all. Now John and Mary are getting divorced. Mary still has $15,000 in her individual bank account, and they have a joint bank account …
Steps a Business Owner Should Take When Preparing For Divorce
It can be very difficult to business owner to objectively place a dollar number on his or her business. But if you are a business owner, and you are facing a divorce, it is extremely important that do your best to come up with an accurate number value. In some divorce settlements, a business is awarded to one spouse – …
Child’s College Expenses and Marital Debt in Divorce
When couples in divorce proceedings have disputes over who should get what, they aren’t always arguing over something they both want. There are often disputes over who will be stuck with the things that neither spouse wants to hold on to – their debts and responsibilities. One issue that comes up frequently in divorce cases is the responsibility to pay …
The Connection Between Length of Marriage and Alimony
In Florida, there are many factors involved in determining alimony payments – including the length of the marriage. Despite what many people think, courts don’t simply look at the spouses’ finances when making this type of decision. The length of your marriage can have a substantial effect on both the size of the payments, and the duration of the payments …
The Consequences of Not Paying Child Support
In Florida, there are many factors involved in determining alimony payments – including the length of the marriage. Despite what many people think, courts don’t simply look at the spouses’ finances when making this type of decision. The length of your marriage can have a substantial effect on both the size of the payments, and the duration of the payments …
Is It Possible to Have Joint Custody of a Pet?
Lots of people with pets will gladly tell you that they consider their pets to be members of their families. And as such, when couples with pets split up, it is increasingly common for them to seek shared custody of their pets – similar to custody arrangements for children. Some of these couples have learned, however, that even though they …
Davis v. Davis
In Davis v. Davis, 108 So.3d 660 (Fla. 5th DCA 2013) the Husband and Wife were in a heated custody battle. Wife sought to limit the amount of time Husband would spend with their child. Husband asked the court to consider the fact DCF came to Wife’s residence 9 times within the past three years. Husband asked the court to …
Divorce and Taxes – What You Need to Know
Make no mistake about it – divorce and taxes are two of the most unpleasant subjects out there. And if you are going through the process of a divorce, taxes are probably one of the last things you want to think about. But divorce can have major effect on your taxes – and the more you know about your tax …