The “Marital residence” is a term used in divorce law to refer to the property where the couple resided together before the breakdown of the marriage. Since the marital residence is often the most valuable asset and a mortgage is often the largest liability, deciding which party keeps the marital residence can be one of the most difficult decisions a couple will make in a divorce. Unlike a bank account, a house cannot be divided in half. For this reason, we often pay special attention to structuring how the marital residence is accounted for in equitable distribution. In a divorce,...Read More
Tag Archives: Divorce in Florida Costs
Determining Divorce in Florida Costs
The “divorce in Florida” cost is not a stagnant number. Each South Florida divorce involves different issues, complexities and factors than other cases. When consulting with a lawyer regarding the cost of divorce in Florida, a lawyer may explain that the following factors can affect the cost: Agreement of the Issues A primary indicator of how expensive a divorce will be is whether the parties agree on the core issues of the divorce or not. Some parties are immediately amicable and simply want a fast and simple divorce. Others may initially disagree on some issues but come to an agreement at a later...Read More