In McGlynn vs. Tallman-McGlynn, we are reminded that if you include bonus income in your financial affidavit but want to argue that it should not be included in net income for alimony or child support, you should be prepared to present evidence supporting the claim that the bonus income is non-recurring. Also, the Former Husband […]
Tag: division of marital assets
“So you’re going through a divorce and you’re ready to start cutting ties with everything…don’t change anything just yet.”
Often times at the outset of a divorce, men begin wondering what to do regarding their home, their bills, their insurance policies, etc. They want to begin cutting ties with their old life and begin establishing a new one. More often than not, the appropriate course of action during the pendency of your divorce is […]
New Florida Alimony Guidelines in Florida
Florida is one step closer to having specific guidelines for alimony. A bill has passed through the legislature. If approved by the governor the bill would become law on October 1, 2016. Presently, alimony is determined based upon a balancing of the needs of the recipient against the ability to pay by the obligor. The […]
Florida Senate Tracker Update – Alimony Legislation
The alimony saga in the Florida legislature has taken an unexpected twist. Until yesterday, two separate bills (HB 455 in the House, and SB 668 in the Senate) were moving toward votes in the full chambers. Yesterday, however, Senate Bill 668 was amended in its entirety to delete the alimony guidelines and instead establish a […]
Kelley v. Kelley
Kelley v Kelley In Kelly v. Kelly, the 4th DCA reversed and remanded the final judgment on the issues of equitable distribution and alimony. As to ED, the trial court had stated its intention to make equal awards to the parties, but a mathematical error in the equalizing payment made the award significantly unequal. As […]
Gentile v. Gentile
In Gentile v. Gentile, the 4th DCA reversed and remanded a case for further proceedings. The parties’ settlement agreement, announced on the record, split a parcel of land and left the valuation of that splitting to binding mediation, but the mediator did not utilize the division as contemplated by the settlement agreement (which included a […]
Corcoran v. Corcoran
In Corcoran v. Corcoran, the 5th DCA remanded the final judgment for required findings to be made on four separate issues where they were missing: alimony, attorney’s fees, equitable distribution, and shared parental responsibility. Corcoran v Corcoran
Berg v. Young
Berg v. Young concerns the interpretation of a prenuptial agreement. Ultimately the 4th DCA reversed the finding regarding a denial of attorney’s fees because the prevailing party should have been awarded his fees based upon a plain reading of the agreement. Also reversed was the award to the wife of attorney’s fees based upon section […]
What assets and liabilities are considered marital, and how are they divided under Florida law?
Florida Statute 61.075 sets out criteria for classifying assets and liabilities. The first step to understanding what you and your significant other have in the marital estate is to determine two key periods of time. First, you must determine the date of your marriage. That date will be the starting point for classifying marital versus […]
Dorworth v. Dorworth
Alimony and Equitable Distribution of marital assets and debts are tools that courts can, and often do, use to achieve equity. So long as there is competent substantial evidence supporting findings of valuation, and the required statutory findings regarding ED and alimony are made, courts have great discretion to fashion distribution and support schemes that […]