The decision to end your marriage should not be taken lightly. Once it is clear your marriage is not working, it is time to prepare for divorce. Florida statutes require equitable distribution of property in a divorce so that both parties end up with a fair division. There are some steps you can take now that will make the process easier and less stressful for you and your family. Gather Financial Information Your financial information is essential in a divorce proceeding. Both you and your spouse need to provide details of your finances. Take the time now to locate information about all of your bank accounts, credit cards, pension and retirement accounts, and more. It is important to know the current value of these accounts and protect them so that neither party will take more than their share during this interim period. Prepare for Residence Changes If you.more
Tag Archives: common divorce terms
As your experienced family law lawyers in Melbourne we often throw around divorce law lingo that you’re not familiar with. Filing for divorce can be extremely overwhelming, so we’d like to take a moment to cover a few words that you will hear a lot during your divorce process.more
- Affidavit: A written statement, voluntarily signed under oath, usually in support of a motion. You will be required to fill out a “Financial Affidavit” as a step in your divorce process.
- Alimony: Court-ordered spousal support, typically periodic payments, but can be paid in a lump sum as outlined in a marital agreement.
- Community Property: A system of property division, which divides all property equally, despite whose name it is in as long as it was acquired during the marriage, excluding inheritances and gifts in some jurisdictions.
- Court Docket: Formal court record of proceedings before it. All pleadings, orders, and judgments are notated here. Regarding divorce, the first entry is.