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Division of Assets and Debts | Divorce and Family Law in Sarasota, FL
My latest addition to the site: Equitable Distribution. In a Florida divorce, the division of assets and debts is called Equitable Distribution. The first step in Equitable distribution is to classify assets and liabilities as either marital, nonmarital, or mixed. Next the assets and liabilities are valued. Finally, the assets and debts are awarded. Source:
3 Key Changes in the New Tax Bill That May Affect Your Divorce
President Trump signed the Tax Cut and Reform Bill into law on December 22, 2017, representing the biggest tax overhaul since the 1986 bill signed into law by Ronald Reagan. While all American taxpayers can expect several changes to their taxes, if you are getting divorced or thinking about divorce, you should absolutely be paying
My best divorce advice for good parents
My best advice for parents going through a divorce? It’s just like the instructions flight attendants give to passengers at the start of a plane ride. Divorce is traumatic. Even though my ex-spouse is still a good friend, getting a divorced after 20 years was traumatic for me. When something traumatic happens, people have a
Alimony Modification – Change in Circumstance
Alimony Modification – Change in Circumstance from When? In order to request an alimony modification, the person requesting the change has to show the following: There has been a substantial change in circumstance The change was not contemplated; and The change is sufficient, material, permanent, and involuntary. Many divorcing couples resolve their divorce by entering
New Contempt of Court Form
The Supreme Court of Florida has adopted a new form to provide notice of a Contempt of Court hearing. A Contempt of Court hearing is used to request the enforcement of a parenting plan (custody), child support, or alimony. The new “Notice of Hearing” form is designed to fix two problems with the old form.
Does Florida Allow Oral Cohabitation Agreements?
What if you had lived with someone for 46 years as a couple. You had agreed to provide for each other and take care of each other. You had purchased a home together and created identical wills leaving everything to each other. What happens when this relationship ends. Will Florida recognize an unwritten cohabitation