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Divorce

Unequal division of assets and debts in a Florida divorce

Unequal division of assets and debts in a Florida divorce

Posted by Nydia Streets of Streets Law in Florida Divorce

What justifies unequal division of assets and debts in a Florida divorce? The person seeking an unequal division has a high burden to meet. When parties live separate financial lives throughout their marriage, this may point to the parties’ intent to keep assets and debts separate. This was an issue in the case Price-Lawrence v. Lawrence, 2D22-2605 (Fla. 2d DCA March 27, 2024).

Florida divorce: awarding exclusive use and possession of the marital home

Florida divorce: awarding exclusive use and possession of the marital home

Posted by Nydia Streets of Streets Law in Florida Divorce

If one spouse wants to keep the marital home but the other wants to sell it, what happens in a Florida divorce? If there are minor children involved and one spouse will maintain majority time-sharing with the children, this is a factor the court may consider in awarding exclusive use and possession of the home. This was an issue in the case Lowry v. Lowry, 5D22-2707 (Fla. 5th DCA March 1, 2024).

Foreign bank records in a Florida divorce

Foreign bank records in a Florida divorce

Posted by Nydia Streets of Streets Law in Florida Divorce

Records from a foreign bank account may be relevant to a Florida divorce case. Admitting these records into evidence requires that certain steps be taken. This was an issue in the caseVindel v. Stewart, 3D22-757 (Fla. 3d DCA February 7, 2024).

Withdrawing funds from a bank account in anticipation of a Florida divorce

Withdrawing funds from a bank account in anticipation of a Florida divorce

Posted by Nydia Streets of Streets Law in Florida Divorce

When parties are planning to divorce in Florida, they may wonder what rights they have to withdraw money from joint bank accounts. Parties may be concerned that a court can “punish” them for removing funds from an account or that if they do not remove the funds, the other spouse will remove them. How a court treated a spouse’s withdrawal of funds was an issue in Haslauer v. Haslauer, 1D2022-0191 (Fla. 1st DCA March 6, 2024).

Florida divorce: required findings for equitable distribution

Florida divorce: required findings for equitable distribution

Posted by Nydia Streets of Streets Law in Florida Divorce

What findings are required in a Florida divorce judgment concerning equitable distribution? According to Florida Statute Chp. 61.075,

In any contested dissolution action wherein a stipulation and agreement has not been entered and filed, any distribution of marital assets or marital liabilities shall be supported by factual findings in the judgment or order based on competent substantial evidence with reference to the factors enumerated in subsection (1). The distribution of all marital assets and marital liabilities, whether equal or unequal, shall include specific written findings of fact as to the following:

(a) Clear identification of nonmarital assets and ownership interests;

(b) Identification of marital assets, including the individual valuation of significant assets, and designation of which spouse shall be entitled to each asset;

(c) Identification of the marital liabilities and designation of which spouse shall be responsible for each liability;

(d) Any other findings necessary to advise the parties or the reviewing court of the trial court’s rationale for the distribution of marital assets and allocation of liabilities.

Fla. Stat. 61.075(3).

Florida divorce: the intersection of alimony and equitable distribution

Florida divorce: the intersection of alimony and equitable distribution

Posted by Nydia Streets of Streets Law in Florida Divorce

Equitable distribution in a Florida divorce can be related to an alimony award. For example, a court might award marital property to one spouse in full as lump sum alimony. The court must also take into account what is awarded in equitable distribution before an alimony amount is awarded. This was an issue in the case Garcia v. Ruiz Moreno, 4D2023-0938 (Fla. 4th DCA February 14, 2024).

Unequal division of marital debt in a Florida divorce

Unequal division of marital debt in a Florida divorce

Posted by Nydia Streets of Streets Law in Florida Divorce

Must equitable distribution in a Florida divorce result in an equal division of property and debts? Not always. Equitable does not mean equal. Equitable means what is fair under the circumstances. This was an issue in the case Pringle v. Pringle, 3D22-1464 (Fla. 3d DCA December 13, 2023).

Florida divorce: Status quo for company credit cards

Florida divorce: Status quo for company credit cards

Posted by Nydia Streets of Streets Law in Florida Divorce

In many Florida courts, parties to a divorce case are subject to a status quo order. This order may prohibit a spouse from cancelling the other spouse’s account access or use. The goal is to maintain the status quo until there is a court order or agreement stating otherwise so spouses do not worry about necessities such as utilities and health insurance being disrupted. Use of a credit card was an issue in the case Scott v. Scott, 5D23-2257 (Fla. 5th DCA December 1, 2023).

Florida divorce: increase in value of non-marital property

Florida divorce: increase in value of non-marital property

Posted by Nydia Streets of Streets Law in Florida Divorce

The enhancement in value of non-marital property during a marriage may be a marital asset subject to equitable distribution in a Florida divorce. How do we determine if the increase in value of property is marital or non-marital? This was an issue in the case Strickland v. Strickland, 1D21-3894 (Fla. 1st DCA October 11, 2023).

Discovery of medical records in a Florida divorce

Discovery of medical records in a Florida divorce

Posted by Nydia Streets of Streets Law in Florida Divorce

Are medical records required to be disclosed to the other party in a Florida divorce case? The answer depends on what is at issue in the case. If a party, for example, claims he or she has medical conditions which prevent employment, the medical records are relevant to prove this, and thus may be discoverable. This was an issue in the case Hakim v. Hakim, 3D23-862 (Fla. 3d DCA August 16, 2023).

Does the sale of non-marital assets yield marital assets in a Florida divorce?

Does the sale of non-marital assets yield marital assets in a Florida divorce?

Posted by Nydia Streets of Streets Law in Florida Divorce

If non-marital property is sold during the marriage, and the proceeds are used to buy other property, does the newly-bought property become marital as well? The answer depends on if the funds were commingled with marital funds and/or the spouse to whom the property originally belonged gifted the property to the other spouse. This was an issue in the case Rivera v. Rivera, 3D22-1914 (Fla. 3d DCA August 2, 2023).

Florida divorce: determining pre-judgment interest on an equalizing payment

Florida divorce: determining pre-judgment interest on an equalizing payment

Posted by Nydia Streets of Streets Law in Florida Divorce

When a former spouse fails to pay an equalizing payment ordered or agreed-upon as part of equitable distribution, interest may be added to the principal amount owed. Does this interest accrue from the date of the judgment or the date the payment is due? What is the percentage rate of the interest to be paid? These were issues in the case Robertson v. Robertson, 4D22-1769 (Fla. 4th DCA August 2, 2023).

Findings for an award of attorney's fees in a Florida divorce

Findings for an award of attorney's fees in a Florida divorce

Posted by Nydia Streets of Streets Law in Florida Divorce

What factors does a court consider in awarding attorney’s fees in a Florida divorce? If the request for fees is based on financial disparity between the parties, the main factors are need and ability to pay. If the request is based on alleged wrongdoing by one party, there must be findings, for example, of unnecessary litigation. This was an issue in the case Ernfridsson v. Ward, 5D22-751 (Fla. 5th DCA July 7, 2023).

Dissolving a trust in a Florida divorce

Dissolving a trust in a Florida divorce

Posted by Nydia Streets of Streets Law in Florida Divorce

Can a Florida divorce order a trust to be dissolved in order to effectuate equitable distribution? Sometimes, spouses place assets in trust for estate planning purposes. But if a divorce happens, the assets in the trust may be marital assets subject to a claim from both spouses. This was an issue in the case Hyatt v. Zimmerman, 4D22-896 (Fla. 4th DCA July 19, 2023).

Standards for temporary relief in a Florida divorce

Standards for temporary relief in a Florida divorce

Posted by Nydia Streets of Streets Law in Florida Divorce

What type of temporary relief can a court award in a pending Florida divorce case? Some examples include alimony, child support and even early equitable distribution. A judge has broad discretionary authority when it comes to temporary relief, but this is not without limits. This was an issue in the case Williams v. Williams, 1D21-2454 (Fla. 1st DCA July 5, 2023).

Determining active appreciation in a Florida divorce

Determining active appreciation in a Florida divorce

Posted by Nydia Streets of Streets Law in Florida Divorce

What is active appreciation, and how does it affect equitable distribution in a Florida divorce case? Active appreciation is an increase in value of an asset due to the efforts of a spouse. An example of this would be a stock account - while the stock account may be non-marital, if a spouse actively trades on the account or makes more than ministerial effort to increase the value of the account, the increase in value of the account might be considered active appreciation which is subject to distribution between divorcing spouses. This was an issue in the case Naranjo v. Ochoa, 4D21-3084 (Fla. 4th DCA July 5, 2023).