Category Archives: Property Distribution
What Happens to Frequent Flyer Miles and Rewards Points in an Orlando Divorce?
Most couples spend years accumulating credit card points, hotel loyalty status, and airline miles without ever thinking about who technically owns them. Then a divorce begins, and suddenly these rewards programs become one more asset that needs to be untangled. Are frequent flyer miles considered marital property in Florida? Can a judge actually divide… Read More »
Splitting a Timeshare in a Central Florida Divorce: What You Need to Know
Timeshares seem simple when you buy them: a week or two at a favorite resort, shared with someone you plan to spend the rest of your life with. When that marriage ends, however, the timeshare often becomes one of the more frustrating assets to untangle. It is not as liquid as a bank account,… Read More »
Who Gets The Vacation Home In A Florida Divorce?
The division of property is arguably the most contentious and time-consuming issue in a Florida divorce. Many divorcing spouses want to get a larger share of the marital assets to leave their spouse with very little. The marital home is usually a sticky point during a divorce because it is the most valuable asset… Read More »
Is My Spouse Entitled to My 401(k) in a Florida Divorce?
One of the most confusing and stressful aspects of a divorce is dividing marital assets. Since 401(k) and retirement accounts are subject to Florida’s equitable distribution law, the process of dividing marital property becomes even more complicated. If you have 401(k) or other retirement accounts and want to get a divorce in Florida, it… Read More »
3 Commingling Theories Recognized by Florida Law During Equitable Distribution
If you are familiar with Florida’s property division laws, you probably know that the classification of assets plays a crucial role in a divorce. Under Florida’s equitable distribution law, courts recognize two categories of property: marital and separate. While marital property – the assets acquired during the marriage – is subject to equitable distribution… Read More »
How Do Florida Courts Determine the Value of Marital Assets?
Most divorcees do not fully understand how their marital assets are valued in a divorce. Valuation of assets is an essential part of the property division process to ensure that assets are equitably distributed between the spouses. Depending on the method used to appraise the value of marital assets, the final worth of assets… Read More »