Brandon Legal Group - Blog
Forensic Accountant or a Private Eye?
Many individuals are hesitant to shell out for a Private Investigator or a forensic attorney when going through a divorce. A seasoned divorce attorney can quickly determine when something “isn’t kosher”, and when there could be an advantage in knowing what the other party is hiding. Trust that instinct – Hire that professional! Private investigators […]
When You Negotiate, Know Your Biggest Asset
When negotiating the division of marital assets, many people mistakenly believe that their house is their biggest asset when it may actually a retirement or pension account, or even a collectible item. Even if your retirement account is less than robust now, the court will likely consider its future value when dividing assets. There are […]
Divorce Mediation – It Just Makes Sense!
Divorce Mediation is required in Florida in any contested divorce. The intention is to not clog the courts, and run up a huge legal bill if you can come to an agreement using an impartial third party. With an average divorce legal bill of $15,000, cutting down on expenses makes sense when possible! One way […]
Finances – Familiarize Yourself With Them Before You Divorce
Normally, one person in a household manages the finances. However, this arrangement can create a “power imbalance” when it comes time to negotiate settlements. This begs the question, what can you do to protect yourself financially during and after divorce? Seek professional help to guide you in making more informed decisions about finances before filing […]
What is a Bench Warrant
Bench warrants are issued by a judge when people don’t show up in court, ignore a subpoena, or violate any of the rules of the court. From a practical standpoint, a warrant issued by the bench works like any other arrest warrant. A police officer is able to incarcerate someone and bring them to jail […]
Job Training or Updating Your Education Before Filing
If you are currently being supported by your spouse, you might want to consider taking the time to dust off your resume and freshen up your skillset before seeking a divorce. Even if you receive support, the courts can impute income and expect you to be working if your kids are school-aged and you are […]
There Are Hidden Tax Implications to Watch Out For
During a divorce, it’s important to stay alert to hidden tax implications. A husband might have purchased stock for $50 during the marriage,” said Denmon. “The stock has gone up in value so that at the time of the divorce, the husband ends up transferring $75 to the wife. If not otherwise addressed in the […]
Alimony Is No Longer A Tax Shield
People who pay alimony are rarely grateful for the opportunity. However, it used to be that ex-spouses actually helped you out come tax time. When people who pay alimony to their exes, they can typically write it off as a tax deduction. On the other hand, those who received alimony had to report it as […]
Don’t Hide Assets During Divorce
You can try to deceive your spouse by hiding or concealing assets, but don’t forget that you’re also violating the law, which can have significant consequences. If what you’re hiding is discovered, you’ll lose your credibility in court. There could also be stiff penalties, including monetary sanctions. To protect yourself and your property during a […]
Divorce, By The Numbers
Sometimes, it feels like you are the only one. Divorce tends to involve isolation, and feeling very alone. You are NOT alone. Every 13 seconds, there is one divorce in America. That equates to 277 divorces per hour, 6,646 divorces per day, 46,523 divorces per week, and 2,419,196 divorces per year. That means: There are […]