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Category Archives: divorce

DivHouse

Getting Through a Grey Divorce

By Eighmie Law Firm, P.A. |

All divorces have both emotional and financial issues. Over 55 divorces have these issues as well, but they are a bit different, as outlined below. Regardless of the parties’ age, most divorces end the same way. In almost all cases, a Port St. Lucie divorce attorney is able to resolve these matters out of… Read More »

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Seven Property Division Factors in a Florida Divorce

By Eighmie Law Firm, P.A. |

Like most other jurisdictions, the Sunshine State has an equitable division law. So, upon divorce, marital property must be divided equitably. That’s not necessarily the same thing as equally. To assist judges in making determinations, and to assist Port St. Lucie divorce attorneys in crafting settlements, Florida law sets forth a number of factors… Read More »

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How Much Does a Florida Divorce Cost?

By Eighmie Law Firm, P.A. |

Divorce is expensive, both in terms of money and time. These two costs are related, and they are also difficult to calculate. Financially, the average divorce costs a staggering $15,000. That’s an average cost. When power couples like Jeff and MacKenzie Bezos split up, they will probably spend a lot more than $15,000. On… Read More »

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Setting the Amount and Duration of Alimony Payments in St. Lucie County

By Eighmie Law Firm, P.A. |

This time last year, the alimony tax deduction change dominated the headlines in this area. Before January 1, 2019, alimony payments were tax-deductible and alimony receipts were tax-reportable. The Tax Cut and Jobs Act eliminated both the deduction and the reporting requirement. A year later, it seems the change has had little effect on… Read More »

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Classifying and Dividing Marital Property in St. Lucie County

By Eighmie Law Firm, P.A. |

Like most other jurisdictions in the country, Florida is an equitable distribution state. Marital assets and debts must be divided equitably, which is not necessarily the same thing as equally. Additionally, before they can be divided, they must be classified. Nonmarital property is not subject to division. Port St. Lucie divorce attorneys must be… Read More »

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Three-Step Property Divisions in St. Lucie Divorces

By Eighmie Law Firm, P.A. |

Florida is an equitable distribution state. All marital property, including both assets and debts, must be divided in such a way that the divorce is not an unfair financial burden for either party. That rule is extremely subjective. So, as outlined below, Florida law sets out a number of property division factors. But before… Read More »

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Classifying and Dividing Marital Property in a Florida Divorce

By Eighmie Law Firm, P.A. |

In almost all cases, marital property division is either the easiest or most complex portion of a marriage dissolution action. Generally, there is no in-between. If the marriage only lasted a few years and the couple had no assets, property division is usually a straightforward matter, simply because there are basically no issues in… Read More »

Division

Calculating the Amount and Duration of Alimony Payments in Florida

By Eighmie Law Firm, P.A. |

In recent years, many other jurisdictions have significantly revamped their alimony laws. In places like Illinois and nearby South Carolina, alimony calculations are more like child support calculations. A mathematical formula usually controls the results. But Florida law is much more subjective in this area. When calculating the amount and duration of payments, judges… Read More »

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Making and Breaking Premarital Agreements in Florida

By Eighmie Law Firm, P.A. |

Granted, there is nothing romantic about a premarital agreement. Yet these pacts are increasingly common, especially among Millennials. A premarital agreement is basically an insurance policy against a protracted and expensive divorce. Although no one expects to die early, most people have life insurance. Similarly, a premarital agreement does not mean you anticipate or… Read More »

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Why You Should Have a Premarital Agreement

By Eighmie Law Firm, P.A. |

Divorce is a greater possibility today than it ever has been before. 73 percent of Americans believe that divorce is a morally acceptable way to end an unsatisfying marriage. Divorce often causes significant financial and emotional losses. So, just like it’s important to have flood insurance if you live on a flood plain, it’s… Read More »

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