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Category Archives: Division of Marital Assets

DivWords

Equitable Distribution of Pensions in Florida

By Steven A. Mason, P.A. |

In a Florida divorce, a pension is often a prized asset, especially when there are few others to divide. However, pensions are a somewhat unique item in that they are governed by specific laws mandating their division, instead of a family court judge simply splitting them in half or dividing in another appropriate way…. Read More »

DivorceMoney

Identifying Marital Assets In Florida Law

By Steven A. Mason, P.A. |

Florida is an equitable distribution state, meaning that upon divorce, all assets will be split into marital and separate property. Separate property, as one might guess, remains the property of the individual spouses, while marital assets and debts are divided in a fair, or ‘equitable,’ manner. However, sometimes it can be difficult to classify… Read More »

Division

Property Classification & Distribution in Florida

By Steven A. Mason, P.A. |

When two people get married, they both bring property into the marriage, but the bulk of a couple’s assets are acquired either in anticipation of the marriage or during it. As such, most couples will have both marital and separate property between them. It is important to classify assets appropriately, because only marital property… Read More »

Prenup

The Role Of Prenuptial Agreements In Distributing Marital Property

By Steven A. Mason, P.A. |

While prenuptial agreements or ‘prenups’ are becoming more common nowadays, their earliest adopters were the couples who boasted significant wealth between them. Wealthy couples tend to plan more than those who have fewer assets, simply because ensuring both spouses receive a fair share while retaining specific, sentimentally valuable items can be quite complex. However,… Read More »

The Basics of Equitable Distribution in Florida

By Steven A. Mason, P.A. |

Most people, when they are in the process of divorcing, tend to labor under the presumption that their marital assets will be divided equally. However, the law in most states, Florida included, does not lean toward this idea. Instead, the state espouses the common theory referred to as equitable distribution. While this does usually… Read More »

Reasons To Sign A Prenuptial Agreement

By Steven A. Mason, P.A. |

Prenuptial agreements, or prenups, tend to be seen as an implicit failure on the part of one or both halves of a couple by many. They argue that a prenup is proof that the marriage is not being entered into in good faith, or that it presupposes the possibility of divorce. In reality, some… Read More »

Dividing Military Pensions: Equal vs. Equitable

By Steven A. Mason, P.A. |

When a couple decides to divorce, and one or both of them are servicemembers, their military pensions are considered marital assets. In states such as Florida that use a system of equitable distribution, marital assets are divided between the spouses, but contrary to popular belief, this is not always done strictly equally. Rather, judges… Read More »

Common Mistakes for Divorcees in Retirement

By Steven A. Mason, P.A. |

When you combine the aging population of our state with the typical rate of filing for divorce, you’ll see why it’s important to think about divorce issues that retirees are likely to face. To be sure, data from the census suggests that Florida has the fifth-highest divorce rate in the country, with more than… Read More »

Hidden Assets and Divorce

By Steven A. Mason, P.A. |

If you’re in the process of getting divorced in Florida, it’s important to think about all the property—everything—that you and your spouse acquired during the marriage. In particular, with contentious divorces, or those likely to get heated when it comes to property division, spouses might be “justified in searching through the family tax returns… Read More »

Protecting Your Finances in Later Life Divorce

By Steven A. Mason, P.A. |

A surprisingly high number of Florida retirees decide to file for divorce. These “gray divorces” can provide older adults with more social freedoms in later life, particularly since they’re no longer bound by work schedules. At the same time, however, it can be very difficult to separate financially when you’ve been planning for retirement… Read More »

Hollywood Military Divorce Attorney
The Law Offices of Steven A. Mason, P.A., is located in Hollywood, FL and serves clients in and around Dania, Hollywood, Fort Lauderdale, North Miami Beach, Pompano Beach, Miami, Pembroke Pines, Miami Beach, Deerfield Beach, Hallandale, Aventura, Boca Raton, Broward County, Miami-Dade County and Palm Beach County.

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