In many divorce cases, assets are often declared to be marital property unless one spouse kept an asset completely separate. However, in one recent case, the 4th District Court of Appeal declared a couple’s home in Loxahatchee to be the husband’s separate property, even though the couple used their pooled incomes to pay the property’s mortgages and expenses. The ruling stated that, since the property was worth less when the couple divorced than when they got married, the wife’s contributions did not enhance the value of the property, meaning the home remained the husband’s alone.
Years before he married his wife, Lori, William Weaver purchased a property in Loxahatchee. When the couple decided to marry, Lori Weaver sold her house and obtained a profit of $40,000. During their marriage, the Weavers paid the monthly mortgage payments, as well as all expenses on the Loxahatchee home, using their pooled incomes.
Continue reading ›
Fort Lauderdale Divorce Lawyer Blog













