Does your estranged spouse have a fascination with cryptocurrencies like Bitcoin? You might want to make sure that all of that currency is accounted for. Hiding property during divorce is unlawful, but countless spouses do it anyway. Now they're turning to secret and anonymous cryptocurrencies for the purposes of hiding marital assets.
If you and your soon-to-be ex-spouse own a home together, you're probably concerned about what will happen to your home in the asset division process. Unfortunately, there is no set answer to this question; it all depends on your unique circumstances.
Alimony payments are either a burden or a blessing, depending on whether you're the "paying" or the "receiving" spouse. If you're the paying spouse, you probably don't want to have to make these monthly payments, and you're hoping that you can defend against the possibility during your divorce process.
When you want to understand more about how assets will be divided during your divorce, it is important that you pay attention to the specific laws relevant to your state. This is because state laws largely determine how assets will be divided. In the state of Florida, the equitable distribution model is followed for asset division in a divorce.
When a married couple goes through the process of divorce, they will not only have to divide emotional aspects of the marriage, such as time with their children, but they will also have to split up all financial accounts in some way. This is one of the most stressful aspects of the divorce process for many, especially for people who are in a high-asset marriage.
When you file for a divorce, it is likely that you are doing so because of toxicity and hostile behavior in your relationship. While the filing will be a way to get a fresh start and move on with your life, unfortunately the initial weeks and months after the filing will likely bring with it additional hostile behavior from your divorcing spouse.
If you have more than one home in Florida and you are considering filing for a divorce, it is understandable that you may become concerned in regard to how your assets might be divided during the process. When it comes to complex asset division such as this, it is important to get familiar on your state's laws regarding the matter. This is because different states have different rules.
Your spouse is supposed to disclose all assets that he or she controls during the divorce process. The unfortunate reality, though, is that many people try to hide assets so that they do not have to split them up. Divorce can be bitter, and people do not always play by the rules.
Every divorce is filled with its own unique difficulties. However, when you are divorcing as a person that has a high net-worth or earns a high income, you may feel particularly vulnerable, and afraid that you may be subject to exploitation.
When going through a divorce, no matter whether it is an amicable separation or a turbulent breakup, it can be stressful to start to think about how you are going to divide all of the assets that you have acquired over the years.