By Lawrence S. Katz | Published November 15, 2019 | Posted in Property Division | Tagged Tags: equitable distribution in Florida, marital vs. nonmarital assets, property division in Florida | Comments Off on How Are Marital Assets Equitably Divided in a Divorce?
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How Are Marital Assets Equitably Divided in a Divorce?
Before distributing assets in a divorce, a judge will first determine which assets are “marital” and which assets are “nonmarital.” Under Florida law, marital assets are those acquired during the marriage, either individually or jointly. This means that every dollar you make while married is considered marital property. Nonmarital assets are assets acquired prior to Read More
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Determining Parenting Plans and Time Sharing in Florida
There is currently no presumption in favor of equal physical custody, or time sharing, between divorced parents in Florida. Under state law, all parenting and time-sharing issues are based on what the court believes to be in the best interests of the child. While a judge will assess every situation individually, Florida courts favor frequent Read More
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What Are the Requirements for Modifying Child Support or Time-Sharing Orders in Florida?
Under Florida law, a parent may file for a modification of child support if there is a “substantial and material change in circumstances” that was unanticipated by the parties. If a parent can successfully meet this burden, they must also show that the modification is in the child’s best interest. The only additional hurdle is Read More
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Understanding Time-Sharing and Parental Responsibility
Under Florida law, all parenting and time-sharing decisions are based on what courts believe to be in the best interest of the child. While Florida courts favor parents sharing responsibilities for their children as much as possible following divorce, those decisions must take the child’s welfare and parents’ fitness into account. Child custody is divided Read More
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