By Lawrence S. Katz | Published December 18, 2023 | Posted in Divorce | Tagged Tags: equitable distribution, hidden assets, offshore assets | Comments Off on Special Issues in Dividing Offshore Assets or Business Holdings in a Divorce
Dividing marital assets during divorce is seldom a straightforward process, and it can become far more complex when one or both spouses have offshore assets or foreign business holdings. Florida, known for its beautiful beaches and sunny weather, is a popular destination for individuals with international ties. For this and other reasons, divorce cases involving Read More
Read MoreEffective July 1, 2023, a new Florida law creates a revised procedure for unmarried fathers to establish paternity, child support and visitation. The result is that many unwed fathers can now receive parental rights that were previously exclusive to the mother of a newborn child. Under prior law, without a court order establishing a timesharing Read More
Read MoreOn July 1, 2023, a Florida law went into effect that implements a comprehensive reform of the state’s system of alimony, also known as spousal support. This groundbreaking legislation has effectively eliminated permanent alimony in Florida, replacing it with a more structured and equitable system that takes into account the length of the marriage and Read More
Read MoreMany marriages suffer because of disagreements over financial issues. In some situations, money problems are the primary reason for a divorce. Occasionally during the divorce process, one or both parties seek an adjustment to equitable distribution terms based on their spouse’s alleged intentional dissipation of marital assets. Florida’s equitable distribution statute requires a judge deciding Read More
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