Going through a divorce is seldom easy. After all, not only must you decide how to divide marital assets, but you must also deal with a variety of emotions. You should, however, be able to count on receiving your fair share of marital wealth. Florida divorce law...
High Asset Divorce
Can non-marital assets become marital property?
If you and your spouse have several assets, dividing them fairly can be challenging. One of the questions we often hear at Mercedes R. Wechsler PA, concerns the determination of what assets are marital property. As you are probably aware, property that is accrued...
Can getting a divorce hurt your health?
Ending a marriage in Florida can be a trying experience for everyone involved. In fact, wrangling with important issues such as child custody and the division of marital property could take a toll on your health in several ways. It could even increase the likelihood...
When spouses hide assets
Floridians should be on guard against a partner’s attempts to hide marital property during a divorce. The potential consequences of trying to cheat a spouse out of his or her share of a marriage’s assets were discussed in a prior article. Despite the...
Options for dividing a 401(k) during a divorce
Asset division when a marriage ends can be complicated, particularly when retirement assets such as 401(k) plans are added to the mix. As provided under the 2015 Florida Statutes, Florida is an “equitable distribution” state. As such, this means...
Understanding collaborative law
Not all divorces involve complicated issues or a great degree of conflict that the parties need to work through. In those situations, it may not make much sense for couples to engage in a traditional divorce, which can take more time and money to complete than their...
Consequences of hiding assets during divorce
According to the National Endowment for Financial Education, 31 percent of adults in the U.S. who have combined their financial resources and assets with a spouse admit that they have withheld information or been deceptive about their finances with their spouse. Women...
What can you keep when you are dividing property?
One question that many divorcing couples may have revolves around property division. While there are some laws that lay out what needs to be divided and what can be kept, it is usually up to the couple themselves to figure out what they will part with and what they...
What to do if you wish to transfer a divorce abroad
Moving abroad can be a confusing and complex situation. It can be even more difficult if someone has gotten a divorce in their home country and do not know anything about the divorce laws in the U.S. They may be wondering whether or not their divorce will even still...
Are business assets protected in a divorce?
If you are like many people in Florida today, you may have an interest in a business. This may be a direct interest such as being an owner and operator. It may be a more passive interest such as being an investor without day-to-day involvement in the running of the...