Apr
Should You Withdraw Money From a Joint Bank Account During a Divorce?
You may have heard horror stories about a friend or a friend of a friend, whose spouse suddenly cleaned out a bank account without warning, leaving them high and dry. Scary? Yes! Is it a reason to panic and think that you should do it first? No! If you are contemplating divorce, this is another reason to consult with a divorce attorney. Contact the lawyers from In Law We Trust, P.A. for practical guidance, as well as legal advice about how to handle finances during divorce within the boundaries of the law. It's Not as Simple as You Would Think While it may seem perfectly within your rights to withdraw funds that are in your name, and you also may be in the situation where you are contrib ...
Mar
Should You Stop Paying the Mortgage & Spouse’s Bills During a Divorce?
What Are Your Legal Responsibilities? During divorce, interactions between the spouses can become hostile, angry, bitter, and spiteful. Add to that the uncertainty of a future financial outcome and the situation can quickly become a recipe for disaster. The attorneys of In Law We Trust, P.A. are frequently asked by our clients as to how to handle financial obligations during the divorce process - whether or not they have moved out of the house. Couples at the early stages of divorce often find it simplest to keep the status quo in terms of paying household bills – in other words, continue to share bills that were typically shared, and take care of ones that each spouse usually covered alone ...
Mar
Should You Move Out of Your Home During a Divorce?
It Could Be a Big Mistake This is a question that we frequently discuss with our clients - and it is a tough one! We understand that things are probably pretty tense for all concerned when couples are considering divorce or in the midst of the divorce process. You may feel like you need space in order to get your thoughts together and lower your stress level. Emotions are probably running high and it is most likely difficult to keep from exchanging petty remarks, tossing criticisms back and forth, arguing, and bringing up the transgressions of the past. As a man, you may think that it is up to you to be the one to leave, as you want to know that your children (and even your soon to be ex) a ...
Nov
Modifications to Spousal Support: How Does Retirement Affect Spousal Support?
Is Retirement an Automatic Qualifier for Modification to Spousal Support? The short answer to this question is no, retirement does not necessary mean that there can be a dreduction or termination of spousal support. Although Florida law does consider retirement and a reduction of income as a possible valid issue in a request to modify or terminate alimony, it is not by any means automatic. While there may be new Florida legislature in the future to make it easier to modify spousal support upon retirement, one substantial matter is what the language of the original divorce decree says. That is why it is very important to have legal representation when divorcing. Structuring a settlement an ...
Nov
Modifications to Spousal Support: The Approach to Modifying Spousal Support
The Approach to Modifying Spousal Support There are basically two sides for initiating a modification for spousal support. One side (the payer) may petition for a reduction in the amount that is paid to the ex-spouse, or even petition for immediate termination or a revision to the termination date. The other side (the payee) may petition to the court for an increase in the amount or amount of time that they receive the award. If there has been a substantial change in financial circumstances that was unexpected or involuntary for either of the spouses, there may very well be a valid reason to consider seeking a modification to the spousal support that was awarded in the final divorce decree. ...
Nov
Modifications to Spousal Support: Can Spousal Support Be Modified After a Florida Divorce?
Can Spousal Support Be Modified After a Florida Divorce? This is a common question raised by either party (the one receiving support or the one paying support) in a divorce. The simple answer is yes, Florida Statutes does allow for modification or even termination of most types of spousal support when it can be shown that there has been a substantial, unexpected, or involuntary change in the circumstances of either of the former spouses. That change must be one that affects either the former spouse’s ability to pay, or the other former spouse’s need. This can become a very complicated and contentious situation and before considering an approach to the court for a modification, it is very i ...
John DeGirolamo has a heartfelt passion for representing the underdog in an environment that is often unjustly stacked against his clients. He’s earned the trust of hundreds of Tampa men seeking a divorce, working with them to create a smooth, fair outcome of their years spent as dedicated husbands & caring fathers.
Dividing Property Debt During a Divorce
How Are Bank Accounts Split in a Divorce?
