Category Archives: division of assets
Classifying And Dividing Marital Property In Florida
Like most other states, Florida is an equitable division jurisdiction, so the judge must divide property equitably after a divorce. Although “equitably” is usually roughly the same thing as “equally,” the two terms are not synonymous. The idea behind an equitable distribution is that the marriage dissolution should not be a disproportionately unfair financial… Read More »
Pippen Divorce Highlights Property Issues
In divorce papers he filed in a Florida court, former NBA player Scottie Pippen wants the judge to amend the couple’s prenuptial agreement and order that he pay no alimony to Larsa Pippen; Mr. Pippen also requested full custody of the couple’s four minor children. Rumors swirled about possible affairs on both sides, and… Read More »
Issues In Brangelina Divorce Come Into Focus
Hollywood power couple Brad Pitt and Angelina Jolie apparently had a prenuptial agreement that divides their property, but the divorcing parents may be digging in for a child custody fight. According to multiple sources, Mr. Pitt and Ms. Jolie signed a prenuptial agreement that covered between $400 million and $500 million in property, including… Read More »
Tiger Woods Writes Big Check
The former number one golfer has not won a major tournament since 2010, but now that his divorce from Elin Nordegren is financially behind him, Mr. Woods hopes that things will change for the better. Ms. Nordegren finalized the financial portion with the stroke of a pen when she released a $54.5 million mortgage… Read More »