by James Ferraro | Apr 14, 2011 | Florida Family Law
One of the most common misconceptions that arises in the context of equitable distribution is the belief that a divorcing spouse is entitled to retain any specific gifts which he or she was given by their partner during the course of the marriage. Clients often assume...
by James Ferraro | Apr 14, 2011 | Florida Family Law
As I noted in my earlier blog entry (Primer on Property Division), when parties are attempting to divide their assets and debts, disputes often arise over the proper valuation of closely held business. Unlike automobiles, real estate or stock in publicly traded...
by James Ferraro | Apr 14, 2011 | Florida Family Law
The issue of property division, or equitable distribution, is often the first and foremost concern among dissolution of marriage litigants. While your circumstances may or may not weigh in favor of alimony, child-issues or attorney’s fees; very few divorces can...
by James Ferraro | Apr 14, 2011 | Florida Family Law
From time to time I come across a client who asks whether an engagement ring is considered a marital asset and, if so, whether it will be subject to the equitable distribution/property division performed at the end of the case. The simple answer is that an engagement...
by James Ferraro | Apr 14, 2011 | Florida Family Law
In addition to substantial tax savings/benefits which accompany IRAs, 401ks and other qualified retirement plans, they are often exempt from creditors claims. This makes them a useful asset protection tool. One creditor who is not hindered by these general...
