Author Archives: Jay Butchko
What to Do If You Think Your Spouse is Hiding Assets in Your Divorce
It is not uncommon for one spouse to attempt to hide assets when facing the prospect of a divorce, particularly if he or she is the spouse with a much greater income. Especially if one spouse is not familiar with the parties’ finances or has not handled financial matters throughout the duration of the… Read More »
Life Insurance and Your Florida Divorce
Working through the details of a divorce settlement with your soon-to-be-ex and your attorneys is likely to be a stressful and somewhat lengthy process. Divorcing individuals tend to focus on what they perceive as the most important points in their divorce agreement, including the timesharing arrangements for the parties’ children and allocation of property… Read More »
What is a Simplified Dissolution of Marriage Under Florida Law?
Florida has developed a simplified dissolution of marriage process that is designed to help eligible couples avoid some of the protracted litigation that often comes with filing for divorce. When individuals meet certain conditions and agree on all issues related to their divorce, Florida law allows them to undergo a simplified process in order… Read More »
Finances and Your Divorce
Given the high divorce rate and the fact that women tend to live longer than men, on average, it is no surprise that most women are completely on their own with respect to their finances for at least one-third of their adult lives. Statistics from the Women’s Institute for Financial Education show that as… Read More »
Innovative Ways to Finance Your Divorce
A recent Huffington Post article details the latest trend in funding divorces – crowdfunding. Plumfund, an online crowdfunding platform, which individuals lately have been using to attempt to fund everything from medical bills and funerals to weddings and graduations, has added “divorce” as one of its fundraising options. At last check, there were 216… Read More »
Divorce and Your Credit
Divorce proceedings may break your heart, but they also can break the bank. Unfortunately, one of the common side effects of divorce is damage to your credit score, which directly impacts your ability to get financing for a mortgage or car loan, among other things. However, there are some steps that you can take… Read More »
Florida Post-Divorce Modification Actions
For parents who share minor children, disputes may continue long after their divorce becomes final. Court orders with respect to children, such as child support and timesharing plans, can change periodically until the children become adults. In some cases, parents are able to work out changes about their children on their own, but, in… Read More »
What Happens to Our Debts in Our Florida Divorce?
The reality is that most American couples carry debts, whether they stem from mortgages, car loans, or credit card accounts. When a couple decides to divorce, however, these debts can become even more onerous burdens, particularly when each spouse may be struggling financially in attempting to rebuild a life on his or her own…. Read More »
Handling Your Child’s College Expenses When You Divorce
Many couples start saving for their child’s college education during their marriage. Unfortunately, however, about half of all marriages will end in divorce. When a divorce occurs, one issue to determine is how to divide, maintain, or continue to fund existing 529 college savings accounts, which parent will benefit most from available tax deductions,… Read More »
Birth Certificates Still Do Not Reflect Same-Sex Spouses
It has now been more than a year since the U.S. Supreme Court’s historic ruling gave same-sex couples the right to marry in the state of Florida. For Florida residents, however, that ruling has been bittersweet; although same-sex couples can marry, the State of Florida still refuses to place the names of both parents… Read More »