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Divorce

Florida divorce: interpretation of a marital settlement agreement

Florida divorce: interpretation of a marital settlement agreement

Posted by Nydia Streets of Streets Law in Florida Divorce

Generally, the clear and unambiguous terms of a Florida marital settlement agreement will be enforced despite unfair terms. Courts are not free to re-write an agreement reached by the parties. In this way, marital settlement agreements are enforced much like other types of contracts in Florida. This was an issue in the case Rosen v. Rosen, 4D22-922 (Fla. 4th DCA April 12, 2023).

Florida divorce: Effect of filing a joint pretrial statement

Florida divorce: Effect of filing a joint pretrial statement

Posted by Nydia Streets of Streets Law in Florida Divorce

What is a joint pretrial statement in a Florida family law case? This is a document jointly filed by the parties which contains their agreement regarding certain issues in the case, such as facts which are not in dispute and a listing of the issues for the court to decide at trial. A joint pretrial statement is binding on the court and the parties, so when action is taken that is contradictory to the statement, error might occur. This was an issue in the case Waite v. Milo-Waite, 4D22-423 (Fla. 4th DCA April 5, 2023).

Florida divorce: summary judgment on partition of marital property

Florida divorce: summary judgment on partition of marital property

Posted by Nydia Streets of Streets Law in Florida Divorce

What is a partition in a Florida divorce? This is a request to divide interest in property jointly owned by the divorcing couple. Can a partition or forced sale be ordered prior to a final judgment of divorce being entered? This was an issue in the case Blew v. Blew, 4D22-2127 (Fla. 4th DCA March 29, 2023).

Asking for what you want in your Florida divorce

Asking for what you want in your Florida divorce

Posted by Nydia Streets of Streets Law in Florida Divorce

Filing your petition for divorce in Florida is the first step to getting the court to decide the issues in your case. Because the law requires that you give notice to the court and the opposing party about the issues that need to be decided, the wording of your petition is important. When you get to trial, it is also important that you let the court know about everything you are asking for, or you could be deemed to have waived your requests. This was an issue in the case Stephanos v. Stephanos, 4D21-2782 (Fla. 4th DCA March 8, 2023).

Florida divorce: treating stock options and bonuses as income versus assets

Florida divorce: treating stock options and bonuses as income versus assets

Posted by Nydia Streets of Streets Law in Florida Divorce

Can equitable distribution and alimony overlap in a Florida divorce? This is possible, for example, when a court awards a party a greater share of marital assets as a form of lump sum alimony. This was an issue in the case Goodman v. Goodman, 6D23-248 (Fla. 6th DCA February 24, 2023).

Florida divorce: distribution of loans taken out for adult children

Florida divorce: distribution of loans taken out for adult children

Posted by Nydia Streets of Streets Law in Florida Divorce

What happens to student loans taken out during the marriage for adult children of a divorcing couple? If the either or both parents co-signed for the loan during the marriage, this is most likely going to be considered a marital debt which is jointly owed by the parents. How does this affect the equitable distribution during the divorce when considering that the loan may also be eventually paid by the adult children? This was an issue in the case Dunkel v. Dunkel, 5D23-55 (Fla. 5th DCA February 28, 2023).

Florida divorce: contractual offer versus offer to enter into settlement negotiations

Florida divorce: contractual offer versus offer to enter into settlement negotiations

Posted by Nydia Streets of Streets Law in Florida Divorce

What constitutes a settlement offer versus an invitation to negotiate in a Florida family law case? Sometimes, lawyers will send offers of settlement to each other to try to resolve the case. When correspondence about these offers indicates it is “not an offer”, this may be an indication that it is only an invitation to negotiate. This was an issue in the case Vera v. Toledo, 3D22-0969 (Fla. 3d DCA March 1, 2023).

Joining corporate entities in a Florida divorce

Joining corporate entities in a Florida divorce

Posted by Nydia Streets of Streets Law in Florida Divorce

A corporate entity is sometimes included as a party in a Florida divorce when a spouse has an ownership interest in the entity. This is because the rights of the corporation may be affected by the divorce proceedings. This was an issue in the case Maddox v. Maddox, 2D21-517 (Fla. 2d DCA February 24, 2023).

Distributing bitcoins in a Florida divorce

Distributing bitcoins in a Florida divorce

Posted by Nydia Streets of Streets Law in Florida Divorce

Distribution of cryptocurrency in a Florida divorce is becoming more common. Florida Statute 61.075 governs how assets and debts of the parties are divided when there is a divorce. In the case Coe v. Rautenberg, 4D22-510 (Fla. 4th DCA February 15, 2023) an issue arose when the trial court incorrectly distributed bitcoins between the parties after the former husband fell behind on his child support payments.

Equitable distribution of a college savings plan in a Florida divorce

Equitable distribution of a college savings plan in a Florida divorce

Posted by Nydia Streets of Streets Law in Florida Divorce

What happens to marital funds in a college savings account established for a child when there is a divorce? While it is not required that parents pay college tuition for a child in Florida, a college savings account can be awarded to one parent in equitable distribution as a trustee of funds for the child. This was an issue in the case Aronoff v. Aronoff, 4D21-3305 (Fla. 4th DCA February 15, 2023).

Setting aside a Florida family law judgment

Setting aside a Florida family law judgment

Posted by Nydia Streets of Streets Law in Florida Divorce

Can a Florida family court set aside a final judgment any time? There are deadlines and procedures to be followed in vacating a Florida family law order. Failure to follow those deadlines and procedures may mean an order vacating an order is invalid. This was an issue in the case Padron v. Padron, 3D22-2146 (Fla. 3d DCA February 8, 2023).

Freezing assets in a Florida divorce

Freezing assets in a Florida divorce

Posted by Nydia Streets of Streets Law in Florida Divorce

Can a spouse be stopped from selling assets while a divorce case is pending? In most cases, yes. This is because there is an order in place in most Florida jurisdictions that mandates that parties must maintain the status quo. A spouse may be worried that assets are being disposed of, and there is relief that can be sought to prevent this. This was an issue in the case Lanigan v. Lanigan, 4D22-727 (Fla. 4th DCA January 18, 2023).

Calculating the marital portion of a retirement account in a Florida divorce

Calculating the marital portion of a retirement account in a Florida divorce

Posted by Nydia Streets of Streets Law in Florida Divorce

How is a retirement account divided in a Florida divorce? Usually, the marital portion is divided, and this consists of the value of the account on the date of filing for divorce minus the value of the account as of the date of marriage. The value of the account as of the date of marriage is considered the separate, non-marital property of the spouse who owns the account. How about interest on the non-marital portion of the account? This was an issue in the case Balazic v. Balazic, 5D21-1804 (Fla. 5th DCA December 22, 2022).

Florida divorce: Dividing a pension when the value is unknown

Florida divorce: Dividing a pension when the value is unknown

Posted by Nydia Streets of Streets Law in Florida Divorce

What can a Florida divorce court do if the value of an asset is unknown at the time equitable distribution is decided? With a pension, for example, the value of the account can be assigned or expressed as a percentage based on the years of marriage. This was an issue in the case Cupo v. Cupo, 4D22-64 (Fla. 4th DCA December 21, 2022).

Florida divorce: credits upon sale of marital home

Florida divorce: credits upon sale of marital home

Posted by Nydia Streets of Streets Law in Florida Divorce

When a house is sold in a Florida divorce case, is a party entitled to credits for payments made toward the house pending the sale? A party might be able to claim credits for expenses paid on the home if there is an agreement to that effect or the court determines the credits are equitable.

Foreign divorce decree might not prohibit Florida divorce filing

Foreign divorce decree might not prohibit Florida divorce filing

Posted by Nydia Streets of Streets Law in Florida Divorce

Does a divorce case filed in another country stop a Florida divorce case from proceeding between the same parties? The answer depends on many factors, but generally just because a divorce case is filed elsewhere does not mean Florida does not also have jurisdiction to decide issues related to the divorce. This was discussed in the case Lee v. Lee, 2D21-1171 (Fla. 2d DCA November 30, 2022).

Florida divorce: Effect of commingling of funds on equitable distribution

Florida divorce: Effect of commingling of funds on equitable distribution

Posted by Nydia Streets of Streets Law in Florida Divorce

What are commingled funds in a Florida divorce? If a party claims certain funds are non-marital, separate property, but those funds are deposited into an account jointly owned by the parties or an account which contains marital funds, the funds claimed to be non-marital and separate are considered commingled. Commingled funds are generally classified as joint, marital property, so by depositing funds in the wrong account, a spouse can unknowingly transform his or her separate property into joint property. This was an issue in Rogers v. Rogers, 2D21-719 (Fla. 2d DCA November 30, 2022).

Florida divorce: Intentional Waste or Dissipation of Marital Assets

Florida divorce: Intentional Waste or Dissipation of Marital Assets

Posted by Nydia Streets of Streets Law in Florida Divorce

What is considered intentional waste or dissipation of marital assets? Sometimes spouses do not agree on how money is spent. For example, one spouse may not approve of luxury purchases, and may argue that a spouse’s spending habits caused marital waste. Would this be enough for a Florida divorce court to award more than half of the marital assets to the disapproving spouse? The matter of intentional waste or dissipation was an issue in the case Hearn v. Hearn, 2D20-2522 (Fla. 2d DCA November 30, 2022).