Tag Archives: marital bank account
How Are Retirement Accounts Divided in Divorce in Florida?
TL;DR • Retirement accounts like 401(k)s, IRAs, and pensions are considered marital assets in Florida if contributions were made during the marriage. • Under equitable distribution laws, the marital portion is usually divided 50/50 unless special factors apply. • Couples can often negotiate to keep their own retirement accounts by offsetting the value with… Read More »
What To Do If Your Spouse Empties The Bank Account In A Florida Divorce
TL;DR It’s common for one spouse to remove money from a joint bank account during a divorce, but there are rules around it. Taking half of a marital account is generally allowed if the person fears the other might take all the funds. Removing all money from a joint account can lead to legal… Read More »