Common Questions About The Division Of Debts & Assets In Florida Divorce Proceedings
Do I Really Need A Florida Divorce Attorney? Why Is Hiring A Florida Family Law Attorney Necessary Especially In High-Income Divorce Cases?
A divorce is usually the most consequential “business transaction” an individual may encounter. Getting expert guidance from a divorce attorney is essential, because as they say, “you don’t know what you don’t know”.
How Will My Business Be Affected By My Florida Divorce?
The courts recognize that it is not desirable to disrupt a party’s ability to conduct its business. Therefore, measures are taken to help a business go about its daily operations.
If you are a business owner who is going through divorce, you should contact an attorney who can help you protect your business at each step of the way.
How Is Debt Divided In A Divorce Case In Florida?
Debt is usually allocated in a 50-50 division – depending on whether or not it was accumulated during the marriage.
My Spouse And I Have A Lot Of Assets. How Are Assets Divided In Florida?
In Florida, assets are divided to represent a 50/50 split of similar net worth. Therefore, if one party gets more assets than the other, that party may need to make a cash payment to equalize the distributions.