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Understanding the crucial distinction between marital and non-marital assets in Florida is not just a matter of knowledge; it's a powerful tool that puts you in the driver's seat when navigating the complexities of asset division during a divorce. This knowledge significantly impacts how property is divided, empowering you to make informed de...
One of the confusing issues that sometimes accompanies a divorce proceeding is calculating the marital portion of nonmarital property when marital money was used to pay down the principal note and mortgage. In other words, when one party has been buying a home with their own funds prior to the marriage, the home is considered nonmarital as it...
When married couples acquire a property or properties during the course of their marriage, irrespective of who owns it, it is generally known as marital assets. Most common examples include cash, house or estate, stocks, insurance, and pension. In contrast, those things that are not considered as marital assets are those that are acquired bef...
