We’re often asked, is Florida a community property state? No, Florida is not a community property state. Instead Florida operates using equitable distribution for marital property. In a community property state, assets and debts the spouses acquired either together or separately are considered community property or marital property and belong to both
Divorce after retirement in Florida can bring a significant change. Older couples who have reached retirement age must deal with the financial implications of dividing everything after so many years of marriage–retirement income, social security benefits, pension plans, savings, and more, to go through a late-life divorce. According to Psychology Today,
At our Tampa divorce law firm, many clients ask us, “Can you divorce without splitting assets in Florida?” This question opens up a complicated dialogue about dividing marital property and legal options regarding equitable property division in Florida. Going through a divorce without splitting assets is generally not an option
Understanding the typical divorce settlement in Florida can provide some clarity. For those going through a divorce in Florida, the division of marital assets, spousal support, and child support are key components of a divorce settlement. Knowing what to expect with divorce finances can help you prepare for in your divorce case.
At Quinn & Lynch, our Tampa divorce lawyers understand that determining what a wife may be entitled to in a Florida divorce involves careful consideration of various factors. Florida family law ensures a fair division of assets, spousal support, and other financial matters, considering the unique circumstances of each divorce case. When
Florida business owners are proud of their created enterprises. . A successful company is built step by step from an entrepreneurial vision linked with sweat equity and sound decision making. If you are a company principal in the Tampa Bay Area or elsewhere in the state, you want to protect
A divorce may be simple in concept: a married couple chooses to separate. However, the process can be much more complicated. For instance, a divorce in Florida needs to be “equitable,” according to the law. That means that divorcing partners will split their shared assets fairly, rather than getting a
The general public naturally seems to gravitate toward details concerning the marital splits of the country’s richest couples. Although that is an interesting phenomenon, it is also understandable. High-profile impending exes commanding stratospheric levels of wealth of course have singular issues to deal with, but many of those concerns aren’t
There are two aspects of the divorce process that can have huge consequences for post-divorce life: finances and timesharing. It’s not difficult to find horror stories regarding former spouses hiding money or extended custody battles. Depending on the state of the relationship between the divorcing partners, however, it may be
Divorce can be a difficult and emotional time, but it is essential to protect your financial future during this process. In Florida, the courts divide assets and debts fairly but not necessarily equally, as it is an equitable distribution state. This article will provide some tips for protecting your finances
Florida law mandates an equitable distribution of assets between soon-to-be exes in a divorce. Essentially, that means a judicially determined “fair” division of property. In some cases, the process surrounding property is relatively smooth and simple. Understandably, it ratchets up in complexity in other divorces, especially those featuring a significant
Divorce can be a financially challenging time. Not only do couples divide their possessions, they will also enter the next stage of their life with only one income. As a result, it is important for divorcing people to take steps today that protect their financial future. 1. Prepare your documents
As a dedicated family law practice in the Tampa Bay area, we work one on one with our clients, resulting in representation that is characterized by genuine care and understanding. If you are dealing with divorce or other family law issues, please contact at 813-223-7739 to schedule an appointment with one of our experienced family and divorce attorneys.
