Jun
Dividing Property Debt During a Divorce
Start With an Appraisal of the Property One of the common challenges that many couples face during divorce is how to handle property debt or a mortgage associated with the family home. There are a few options about how to move forward, but first and foremost it is important to have an appraisal of the property for determining the current value, if there is any equity in the home, and if so, how much. The difference between the current market value and the amount of debt or mortgage on the property will determine the equity. Equity can be affected by the amount of the original down payment, any refinancing, home equity lines of credit, when the property was originally purchased, and how lo ...
Jun
How Are Bank Accounts Split in a Divorce?
How Do Courts View Separate Bank Accounts in a Divorce? There are many misconceptions about the division of property during a divorce, and some of those misconceptions have to do with the division of bank accounts. You should be aware that the name on a bank account doesn’t necessarily dictate who will receive those funds. The divorce court judge will determine whether the funds are joint property or one spouse’s separate property by applying Florida state law. Not only with regard to bank accounts, but getting what is rightfully yours in a divorce, no matter whose name is listed on the asset, can be complicated. Consult with an experienced divorce lawyer regarding the protection of your fi ...
May
Should You Give Up to Just Get a Divorce Over With?
Compassionate & Aggressive in Our Representation to Your Benefit Divorce is often a very stressful process and can become extremely complicated by disagreements about parenting time, child and spousal support, the division of assets, and the actions of a difficult soon-to-be ex-spouse. In Law We Trust, P.A. approaches each client’s case in a pragmatic way. Not only are we known for our legal expertise and vast knowledge of family law and divorce, we are compassionate, aggressive in our representation, and always keep the overall best interests of our clients at the forefront. While it is never our intent to complicate the process, there are many things involved when dealing with an individu ...
May
Should You Date While Separated During A Divorce?
Each Situation is Unique, But Generally We Advise Against It This is a very tough question, especially since the circumstances surrounding every divorce are always so different. We have seen the gambit of situations that include a third party’s (or even a fourth party’s) involvement before or during the divorce process, as well as emotional and intellectual responses from either or both spouses that range from relief, to acceptance, to indignation and worse yet even uncontrolled rage. Taking into account all of the different scenarios we have encountered, In Law We Trust, P.A., generally advises that during your separation period, you don’t openly date somebody else. We really feel, from o ...
May
Should You Limit Your Spending During a Divorce?
Curb Needless Spending Including Anything Perceived as a Luxury The divorce process brings on a certain level of uncertainty especially as people can’t help but dwell on the past, present, and most definitely, the future. Much of that uncertainty about the present and future will revolve around finances. Divorce is probably an expense you hadn’t budgeted for, and if the process becomes complex, it can become expensive. In addition to preparing for the essential legal costs, it is important to take a look at all of your expenses and see what adjustments need to be made to your spending habits. You may also have to plan for additional costs if it becomes necessary to move out of the family h ...
May
Should You Talk About Divorce With Your Kids?
Stay Positive & Upbeat While Sheltering Them From Negativity Communicating with your children during divorce is very important, but while you want to be reassuring, you also don’t want to put yourself in the position of having to answer complex questions and get into topics they are really too young to understand. You will, however, have to talk to the children about the importance of staying connected, keeping up with their education, managing their extra-curriculum activities, and about how their time will be divided between both parents. As a father involved in a divorce, of course you will want to remain positive and upbeat, but you also want to shelter them from as many of the negative ...
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?