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Divorce

Equitable distribution in a Florida divorce

Equitable distribution in a Florida divorce

Posted by Nydia Streets of Streets Law in Florida Divorce

In a Florida divorce case, there can be multiple issues regarding equitable distribution, including the chosen valuation date, dissipation and more. These were issues in the case Knott v. Knott, 6D2023-2519 (Fla. 6th DCA September 6, 2024).

Florida divorce: homestead and equitable distribution

Florida divorce: homestead and equitable distribution

Posted by Nydia Streets of Streets Law in Florida Divorce

Florida’s constitution protects a homestead in that most creditors are not permitted to levy upon the homestead if a debt is owed. How does this homestead protection affect division of a marital home in a Florida divorce case? This was an issue in the case Toussaint v. Toussaint, 3D23-0812 (Fla. 3d DCA August 28, 2023).

Florida divorce: Enforcement of agreement to pay college expenses

Florida divorce: Enforcement of agreement to pay college expenses

Posted by Nydia Streets of Streets Law in Florida Divorce

Normally, parents in Florida are not required to fund college education. A divorce judgment or child support order cannot, therefore, force a parent to promise to pay college tuition or expenses for a child. But parties are allowed to agree to do this. Enforcement of payments to a college savings plan was an issue in the case Shernoff v. Shernoff, 4D2023-1704 (Fla. 4th DCA August 28, 2024).

Florida divorce: Choosing a valuation date for marital assets

Florida divorce: Choosing a valuation date for marital assets

Posted by Nydia Streets of Streets Law in Florida Divorce

A spouse who pays all of the expenses on a marital home may feel he or she is entitled to all equity in the home. However, this may not be the case because of Florida equitable distribution laws. The case Bellegarde v. Bellegarde, 4D2023-3133 (Fla. 4th DCA August 7, 2024) sheds light on this issue.

Florida divorce: Emptying joint accounts

Florida divorce: Emptying joint accounts

Posted by Nydia Streets of Streets Law in Florida Divorce

Can a spouse remove funds from a joint bank account once spouses separate? This is a common issue where one spouse is afraid the other spouse will empty an account and leave nothing in the account. This was an issue in the case Molina v. Molina, 4D2023-2629 (Fla. 4th DCA August 7, 2024).

Florida divorce: Personal goodwill in a multi-member medical practice

Florida divorce: Personal goodwill in a multi-member medical practice

Posted by Nydia Streets of Streets Law in Florida Divorce

In Florida the personal goodwill of a spouse who runs a business is a non-marital asset which is not subject to equitable distribution. What about the collective personal good will of a multi-owned business? Would the goodwill of other members be considered in determining the value of the business that is to be awarded to a spouse in a divorce? This was an issue in the case Rosenberg v. Rosenberg, 5D2023-1079 (Fla. 5th DCA June 21, 2024).

Misclassification of a non-marital asset in a Florida divorce

Misclassification of a non-marital asset in a Florida divorce

Posted by Nydia Streets of Streets Law in Florida Divorce

In Florida, assets acquired prior to marriage are considered non-marital assets. This means the assets are owned solely by one spouse rather than jointly by both. Unless the parties agree otherwise, it is usually an appealable issue if a court awards a non-marital asset to both spouses in a Florida divorce. This was an issue in the case Smoot v. Smoot, 1D2023-0698 (Fla. 1st DCA June 12, 2024).

Florida divorce: Errors in equitable distribution

Florida divorce: Errors in equitable distribution

Posted by Nydia Streets of Streets Law in Florida Divorce

Florida equitable distribution rules require the court to make certain findings. Without those findings, a Florida final judgment of divorce may be reversible on appeal. This was an issue in the case Hinojosa v. Hinojosa, 2D2023-0155 (Fla. 2d DCA May 31, 2024).

Florida divorce: Requirements for imputing income

Florida divorce: Requirements for imputing income

Posted by Nydia Streets of Streets Law in Florida Divorce

Imputing income to a party in a Florida divorce case requires specific findings to be made. Without these findings, a final judgment of divorce may be susceptible to reversal on appeal. This was an issue in the case Athea v. Athea, 3D22-519 (Fla. 3d DCA May 29, 2024).

Florida divorce: how exclusive use of marital home affects equitable distribution

Florida divorce: how exclusive use of marital home affects equitable distribution

Posted by Nydia Streets of Streets Law in Florida Divorce

When a Florida divorce case is pending, one spouse might remain in the jointly-owned marital home while the other spouse lives elsewhere. How does the court decide who is responsible for the mortgage or how a spouse is compensated for being excluded from occupying the residence? This is an issue briefly discussed in the case Charbonneau v. Charbonneau, 3D22-1507 (Fla. 3d DCA May 1, 2024).