When dividing assets in a divorce, it may look like two assets have the same value. However, once taxes are factored in, the result can be very different. You may have initially paid the same for each asset, but if the asset is subject to penalties, capital gains...
Divorce
Can I move out of state with the children after a divorce?
There are times when a St. Petersburg area resident gets a job offer they can’t refuse. But what happens if that job is located in another state? It can be a challenge for a parent to move to another state with their children. A parent who wishes to move a long way...
What are the factors used to determine alimony?
Some married couples decide that one spouse will work full-time outside of the home while the other spouse works-part time or stays home full-time to take care of household. However, if a couple gets a divorce, it can be difficult for the spouse who earns less to...
Who gets the house in a divorce?
For many Florida residents, the family home is one of their biggest assets. The house is also the asset with the most emotional attachment. There are many questions that need to be answered in a divorce and what to do with the family home can be the most contentious....
Can I seek a custody modification if I have my child more often?
When a custody order is created, it is based on the information available at the time. This includes the income that each parent makes, as well as how much time is spent with each parent. As the years pass, changes in circumstances may occur which warrant a...
The value of a QDRO in a divorce
Divorcing spouses know that they must disentangle their combined lives as they prepare to move into a new phase of life as a once-again single person. Through this process, assets and debts may need to be split. Depending on the nature of a couple's marital estate,...
How can I request a child support modification?
Either parent may request a modification of child support orders. However, there must be a compelling reason to make this request, and the request must follow the guidelines set by law. According to the Florida Department of Revenue, you need to have a significant...
Splitting debt in a divorce
Divorcing spouses often find splitting their marital assets one of the biggest challenges of their divorce process. However, they must be aware that any shared debts may also need to be split or assigned to one party when they get divorced. Understanding how creditors...
How do you tell your child about a divorce?
Divorcing Florida parents have a lot on your plate. You need to deal with everything a childless couple deals with. This includes spousal support, asset division and complex matters of taxing and estate. But you also need to deal with matters of your child, too. This...
Is sole custody possible for me?
By far the most popular variety of custody agreement following a divorce is joint custody, also known as co-parenting. There is an ample amount of evidence that suggests children do best with both parents as an active presence in their lives, even if those parents are...