Dividing a valuable art collection during a divorce in Florida can be a complicated and emotionally challenging process. Art collections are not only financially valuable but often hold significant personal and sentimental value. Ensuring a fair and equitable distribution requires careful consideration, expert valuation, and sometimes, legal intervention. In Florida, property division during divorce can be determined by the spouses, if they’re able to settle their differences outside of a courtroom. If they can’t, the principle of equitable distribution applies. This means that courts aim to d ..read more

Dividing interests in a family business during divorce is not always smooth sailing. First, determining whether it is marital or separate property may be unclear. While a business is generally considered marital property if it became operational after the marriage began, there are some exceptions to this rule. Once a business has been categorized as martial or separate property, the next hurdle lies in determining the value of the business. Assessing the fair market value of a business is an intricate process due to the many variables involved. Common methods include: The income approach consi ..read more

Florida’s legal system strives to ensure the well-being of children of divorce through well-defined child support guidelines. However, for parents navigating the realities of co-parenting, even a minor problem can cause lasting problems.  Below, we delve into several matters that can turn a seemingly straightforward child support case into a complex web of challenges. Knowing about the problems that may arise in your situation can ensure you are prepared to overcome them. Collecting could be a challenge Even after you receive a court order explaining the non-custodial parent’s child suppo ..read more

Marriage involves intentionally combining households and finances, at least, in most cases. Spouses share their financial resources and may each make sacrifices for the benefit of the household. For example, one spouse might leave their job if the couple decides to have children. They may stay home with the children to provide them with the best care possible and eliminate childcare expenses. Taking time away from career development may reduce how much someone can earn when they return to work. Some people may have been away from their careers for so long that they essentially need to start fr ..read more

No divorce is easy, but some are more complex than others. In some cases, both spouses are on the same page. They both want to end the marriage and move onto the next chapter of their lives. This can make divorce negotiations much easier. However, both spouses may not be on the same page about multiple issues, which can make the divorce process much more challenging. Here are two factors that can complicate divorce. High-value assets The more shared assets that a couple has, the more complicated the divorce is likely to be. Some couples run multiple businesses together, jointly own several pro ..read more

Alimony terms can be agreed upon by a divorcing couple or determined by the court. When courts order alimony payments, the motive is usually to help the recipient spouse maintain a similar standard of living enjoyed during the marriage, especially if they have fewer financial resources or earning capacity compared to their spouse. While there is no fixed formula for the determination of amounts payable as alimony, Florida’s SB 1416 outlines the factors that judges must consider when calculating alimony payments in the event of a litigated divorce. These include but are not limited to the follo ..read more

When you get divorced, an important part of the court process is splitting up your marital property. In some cases, you can just divide property evenly. But in other cases, you may have to sell it so that you can divide the earnings. For example, this is why many divorcing couples will sell their family home. You and your spouse, however, may be business owners. You started the business together and you both work there, running it and managing the day-to-day operations. Does this mean you’re going to have to sell the business now that you’ve decided to get a divorce? You could buy your spouse ..read more

Florida’s alimony system has long been regarded as unique. It was often accused of being an anachronism, with “permanent” alimony for homemakers that critics say reflected a bygone era when women often could not support themselves.  As of 2023, that has changed. After almost a decade of trying, lawmakers have finally overhauled the rules and eliminated permanent alimony. What is important to know about the new rules? Alimony could be awarded in several different ways in Florida. Bridge-the-gap alimony was designed to help a dependent spouse make the transition to independence, while rehab ..read more

Divorces can be highly contentious, especially when dealing with heated emotions and numerous assets. But what if there is a better way for you and your spouse to approach your divorce? Every couple’s situation is unique, but a collaborative divorce may be a viable option for some. How is a collaborative divorce different from a traditional one? The traditional divorce process is typically adversarial. It involves each spouse hiring an attorney who represents only their client’s interests. It can be time-consuming, emotionally draining and expensive due to court fees and legal costs. Furthermo ..read more

Divorces can be highly contentious, especially when dealing with heated emotions and numerous assets. But what if there is a better way for you and your spouse to approach your divorce? Every couple’s situation is unique, but a collaborative divorce may be a viable option for some. How is a collaborative divorce different from a traditional one? The traditional divorce process is typically adversarial. It involves each spouse hiring an attorney who represents only their client’s interests. It can be time-consuming, emotionally draining and expensive due to court fees and legal costs. Furthermo ..read more