Tag Archives: marital bank account
How Are Retirement Accounts Divided in Divorce in Florida?
TL;DR Retirement accounts like 401(k)s, IRAs, 403(b)s, Roth IRAs, TSP plans, 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, with the court-ordered division being legally binding and IRS-approved for tax-free transfer. Couples… 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 »