Filing for divorce can seem simple, but it may only be the beginning. The entire process is often complex, posing various uncertainties and complications based on the circumstances. It can also be true when dividing assets, requiring thorough preparation from the...
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Division of Assets
How can I assume the mortgage after the divorce?
Divorcing couples often face challenges when dividing property, especially with valuable assets. Sometimes, they can agree and sell these properties to split the proceeds. Other times, assets can hold significant financial and emotional value, causing conflicts...
Is the marital home worth fighting for during divorce?
Divorce can have far-reaching implications for your finances. In fact, a lot can be at stake, especially when it comes to property division. Things can become even more complicated if you are attached to certain marital properties like the marital home. Truth is, the...
Are my spouse’s job bonuses marital assets?
Every year, your spouse’s job-related bonus depended on how well his employer performed financially. Some years, the two of you would spend the bonus money on a trip abroad. Other times, you purchased needed household equipment. But there were years when your spouse...
What becomes of the vacation home during divorce?
Divorce can be difficult even if it’s what you want. Aspects of your life that you’d hoped to keep may be subject to change – including the status of your vacation home. Co-own, buy out or sell Many Floridians own out-of-state vacation properties. When it’s time to...
How will divorce affect my retirement plans?
For decades, you have saved and invested wisely. As you a result, you do not expect to see any shortfall in your retirement savings. A comfortable retirement is foreseen. At least it was until your spouse decided to seek a divorce. How will divorce affect your...
How a forensic accountant helps uncover hidden marital assets
A forensic accountant has a way of finding hidden marital assets. That is why when you are going through a divorce and seek to uncover these assets that rightfully belong to you, it is a good strategy to work with such a professional. When at work, forensic...
How some spouses attempt to hide marital assets
Sneaky tactics are among the ways that a spouse resorts to when hiding assets from his or her partner. Disputes certainly arise among most spouses. However, sometimes, those disputes escalate leading to dirty and unethical behavior such as keeping assets – including...
Dissipation of assets in high-asset divorce and how to tackle it
In certain high-asset divorce cases, greed, anger and vindictiveness overcome fairness, cooperation and any attempt at goodwill. High-earning spouses may attempt every trick possible to avoid equitable distribution of assets. One such despicable way they do this is...
Often overlooked assets when couples decide to divorce
Numerous matters must be addressed in a divorce. Dividing assets is among one of the most crucial ones. Sure, many people understand that obvious assets such as the house, additional real estate and retirement accounts get proper scrutiny. However, some couples...