Can I keep her from collecting money off the sale of the home?

Question: My wife has recently asked me for a divorce after her infidelity. We are trying to keep it civil, thus seeking mediation rather than a divorce trial in court. Both of our names are on the marital home. Is there some sort of signed agreement that we can make …

Finances and Divorce: Credit Cards

By JoAnne C. Holt, Divorce financial analyst Credit cards are a serious problem if not handled properly during a divorce. This is one area where divorce planning is very helpful if not essential. The Twentieth Judicial Circuit in Florida, where I live, provides something called a Temporary Standing Order that …

My ex never took my name off the loan and defaulted on the mortgage. Am I responsible?

Question: My ex-wife was awarded the marital house in our divorce. I signed over the deed to her. Now our mortgage company is calling me saying they are getting ready to default. Apparently she never took my name off the loan and this was several years ago. Am I responsible …

Property Issues in Divorce

The dissolution of a marriage (divorce) is similar to the dissolution of a business partnership – the division of the assets and debts of the endeavor. However, the division of the assets and debts (called the marital estate) in a dissolution of marriage case involves definitions, exceptions and considerations not …