Palm Harbor Family Lawyer

12

Jun 2017

How Does Equitable Distribution Work in High-Asset Cases?

Property division can be one of the most challenging and time-consuming aspects of a divorce. The process can become even more muddled, therefore, if one or both partners in a divorce is a high net worth individual. Why high net-worth individuals often have a harder time divorcing is equitable division. During property division, the couple’s marital assets will be divided equitably between them. ...

Posted By Dean Kantaras

30

Aug 2016

When Can Your Spouse Lay Claim to Your Separate Property?

When a couple seeks a divorce in Florida, their assets and debts are divided according to the principles ofequitable distribution. That means each spouse keeps their separate property, and marital property is divided in a manner the court considers fair, but not necessarily equally. So, you should have the right to keep all of your separate property: these consist of the assets you acquired before ...

Posted By Dean Kantaras

10

Oct 2013

Should I Move Out?

Reality TV personality Bethenny Frankel and her “separation” from her husband wasn’t so separate. The two continued to share the same four-bedroom New York City apartment five months into their bitter divorce. Frankel’s awkward situation shows that all kinds of couples going through a divorce can have trouble dealing with the former marital home. The first thing to consider when deciding to stay ...

Posted By Dean Kantaras

19

Aug 2013

Show Me the Money!

You may remember that famous line from the movie Jerry Maguire . That saying is also applicable in divorce proceedings, because spouses in a divorce are required to show the other spouse all of their sources of income and assets in a process known as financial discovery. So, “show me the money” is on target. In a divorce case, parties are required to produce evidence as to their own income, assets ...

Posted By Dean Kantaras

21

Nov 2012

All About Equitable Distribution

In the United States, each state controls how property is divided between couples during divorce. Currently, the division of property is guided by one of two principles: community property or equitable distribution. Only nine states use the community property theory, which asserts that all property acquired during marriage is divided equally in a divorce: Arizona, California, Idaho, Louisiana, ...

Posted By Dean Kantaras