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Tag Archives: divorce

Divorce and Pensions

Navigating the Complexities of Divorce and Pensions

By Crystal C. Spencer |

You may believe that in a Florida divorce, what is yours, with your name on it, is not subject to division. But this is not necessarily the case.  Under Florida law, a pension, 401k, IRA, or profit-sharing plan you contributed during your marriage is subject to division. Simply put, it is a marital asset…. Read More »

high asset divorce

Protecting Intellectual Property Rights During a High Asset Divorce

By Crystal C. Spencer |

A high-asset divorce can bring particular complications to the settlement table.  Both parties will understandably want to retain what they consider their individual property, but a marital settlement in Florida will divide assets equitably. While intellectual property (IP) often cannot be divided, its future profits are a consideration for a divorcing couple. To retain… Read More »

Division of Charitable Endeavors

Divorce and Philanthropy: How to Handle Shared Charitable Endeavors

By Crystal C. Spencer |

You and your spouse have decided to go your separate ways. For most couples, that means dividing assets and making decisions about the children and custody issues.  Some couples grow their wealth while married and are committed to charitable endeavors. The Family Wealth Report estimates in 2020, charitable giving amounted to $471 billion. The… Read More »

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Mitigating the Risks of Business Depreciation During High Asset Divorces

By Crystal C. Spencer |

Divorces can be complicated, and that is especially true if there are high assets involved. While both spouses must be transparent about all of their assets, it’s also crucial that they are valued accurately. Failure to do so can result in an uneven and even unfair distribution of assets.  In Florida, equitable distribution of… Read More »

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Dealing with the Tax Consequences of a High Asset Divorce

By Crystal C. Spencer |

Are you facing a divorce? Expect all aspects of your life to change. This is particularly true if you are part of a high-asset couple.  Florida law states that fair and equitable is how assets are divided. With a high-asset couple, the division and tax implications can be more complicated by the valuation of… Read More »

debt division in divorce

Divorce and Debt Division: Legal Strategies for Managing Marital Liabilities

By Crystal C. Spencer |

Equitable distribution. Remember that phrase. Unlike a community property state where assets are divided 50/50, in Florida, when a couple decides to divorce, expect the “equitable distribution” doctrine to apply in the division of both assets and liabilities.  Divorcing your spouse can be a stressful time. You and your spouse have decided to end your… Read More »

adopted children and divorce

Adopted Children Might Need Extra Support During a Florida Divorce

By Crystal C. Spencer |

Planning for a family might include adopting children if biological children are not possible. No matter how many children or where they come from, your plans for the perfect family fall apart when a divorce is looming. In that case, treating adopted children like biological children is essential. They are likely sensitive to the… Read More »

mediation in a divorce

How Mediation Differs from Litigation During a Florida Divorce

By Crystal C. Spencer |

Mediation is an alternative to a trial that is often used for a more peaceable dissolution of a marriage. Mediation may not be appropriate for every case, but if it works for your situation, it can be a way to negotiate your issues and concerns with the help of a neutral third party to… Read More »

should I stay in the marital home during a divorce?

Should I Stay in the Marital Home During a Divorce?

By Crystal C. Spencer |

Besides children and finances, deciding who will reside in the marital home is one of the most common issues during a divorce. Your home was supposed to be your sanctuary, a place to raise the children and be a family unit. Now that that dream is shattered, you may feel the need to cling… Read More »

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Obtaining a Passport for a Child in a Divorced Home

By Crystal C. Spencer |

Are you a divorced parent? If you would like to travel outside of the country, you are going to need a passport for yourself and your child. However, you may be concerned about getting a passport for your child because of the other parent. Even if you share joint custody with your ex-partner, there… Read More »

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