Dec 18, 2024 | Marital Assets
According to Florida law, whether your spouse is entitled to your personal injury settlement in Florida depends on the specific allocation of the settlement funds. If the settlement includes compensation for lost wages or medical expenses paid during the marriage,...
Dec 7, 2023 | Alimony, Marital Assets
According to Florida law, a spouse cannot be ordered to sell capital assets to meet alimony payments: In any event, the law does not require that an ex-husband necessarily sell capital assets to pay alimony. Nor is an ex-husband necessarily required to borrow money to...
Dec 7, 2023 | Marital Assets
According to Florida law, the co-mingling of marital and non-marital funds in the same account will generally result in the full account being deemed “marital”: As a general rule, when marital funds and non-marital funds are deposited into the same account, the...
Nov 29, 2023 | Alimony, Marital Assets
According to Florida law, professional goodwill is a marital asset that should be included in the marital estate upon dissolution: After final judgment was entered in this case, the Florida Supreme Court decided Thompson v. Thompson, 576 So.2d 267 (Fla. 1991). In...
Mar 28, 2023 | Alimony, Marital Assets
According to Florida Law, real property acquired prior to the marriage is generally considered a nonmarital asset. However, if marital funds are used to pay down the mortgage on the property or enhance its value in some way, then resulting equity in the property may...
Mar 16, 2023 | Alimony, Marital Assets
According to Florida Law, retirement benefits are considered marital assets and thus subject to equitable distribution in the context of divorce. (1) All vested and nonvested benefits, rights, and funds accrued during the marriage in retirement, pension,...