Collaborative Divorce: What is “Material Information?”

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“Material information” sits at the heart of Collaborative Divorce because the entire process depends on both spouses having the facts they reasonably need to make informed decisions without a judge controlling the outcome. If you value privacy, dignity, and shared control with your spouse of outcome (rather than leaving your life in the hands of a judge), understanding what material information is and why it is important will help you decide whether Collaborative Divorce is right for you.

This issue matters most for professionals, executives, business owners, and others with complex finances or sensitive personal concerns and facing divorce. You want clarity about what must be shared, what can stay private, and how your lawyer protects you while honoring the ethical rules of the Collaborative Process.

Quick Answer: What Is Material Information in Collaborative Divorce?

Material information is information reasonably required for you and your spouse to make informed decisions about resolving your divorce.  In Collaborative Divorce, both spouses commit to sharing that information with each other and the professional team.

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Divorce Without Destroying Your Business: A Tampa Bay Guide for Owners

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Protecting Your Small Business in a Tampa Bay Divorce

If you built a business in Tampa, St. Petersburg, Sarasota, or elsewhere in Florida, it likely represents more than income. It reflects years of effort, risk, and identity. When divorce enters the picture, the fear of losing control of that business can feel overwhelming. You may worry about public court filings, forced valuations, or a judge who does not understand how your company actually works.

You are not wrong to worry. Traditional divorce litigation often puts small businesses at risk. Fortunately, there is a better way.

Quick Answer

You can protect your small business in a Tampa Bay divorce by using Collaborative Divorce, which keeps negotiations private, avoids court-imposed decisions, and allows tailored solutions that preserve business operations and long-term value.

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Why Tampa Bay Executives Choose Collaborative Divorce

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If you are an executive in Tampa Bay, divorce can feel like a threat to everything you have built. You may worry about losing control of your schedule, exposing sensitive financial details, or having a judge who does not understand executive compensation decide your future. You did not reach your position by leaving major decisions to chance. Many executives feel the same way, which is why they increasingly choose Collaborative Divorce.

This approach allows you to stay in control of timing, privacy, and outcomes while working with a professional team that understands complex finances and family dynamics.

Quick Answer

Tampa Bay executives choose Collaborative Divorce because it gives them and their spouse control over scheduling, privacy, and results, while using a professional team to manage complex compensation assets and keep the process efficient and future-focused.

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Tampa Family Diplomacy Collaborative Divorce Review: “Couldn’t Be Happier!”

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Grateful for a Five-Star Client Review from Our Tampa Office

When you are going through divorce, especially one that involves emotional stress, finances, or the future of your family, the office and team you choose matters. We are honored to share a recent five-star review that a client who entrusted us with their Collaborative Divorce left on the Google Page for our Tampa Collaborative Family Law Office.

Their words reflect what we aim to provide every client: clarity, compassion, and a process that puts you back in control rather than placing your future in the hands of a judge.

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Transgender Divorce in Florida: Why Privacy and Control Matter More Than Ever

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Going through a divorce is hard enough. When you are transgender, it can feel even heavier. You may worry about being judged, misunderstood, or reduced to a label at the very moment you need stability and respect. You may also fear losing control over decisions that will shape your future, your finances, and your relationship with your children.

In Florida’s current political and cultural climate, many transgender clients feel under constant scrutiny. In that context, privacy is not just comforting. It is essential.

At Family Diplomacy: A Collaborative Law Firm, we have extensive experience helping transgender clients across Florida choose a divorce process that protects dignity, discretion, and self-determination. We have offices by appointment in Tampa, St. Petersburg, and Sarasota, and we utilize Zoom so we can accept clients in every county in Florida.

Quick Answer

If you are transgender and going through divorce in Florida, Collaborative Divorce allows you to protect your privacy, avoid being judged by a court, and keep control over parenting and financial decisions, with experienced guidance from Family Diplomacy and Adam B. Cordover.

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Adam B. Cordover Co-Authors Insightful Article on Creating Financial and Emotional Clarity Through Collaborative Divorce

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Divorce is often viewed as a stressful and overwhelming life event — one that affects not only emotions, but long-term financial stability and family relationships. However, there are approaches that allow families to separate with clarity, respect, and support rather than conflict.

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Does Florida’s Collaborative Divorce Statute Protect Confidentiality?

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When you face divorce in Florida, you may worry that your financial information, business details, or parenting struggles could become part of a public court file. If you or your spouse are a doctor, lawyer, executive, business owner, or anyone who values privacy, the idea of those details becoming public can feel overwhelming. You want a process that keeps your information protected and puts you, not a judge, in control.

Collaborative Divorce offers that protection. One of the most common questions clients ask is whether Florida’s Collaborative Law statute truly protects confidentiality.

Quick Answer

Yes. Florida’s Collaborative Divorce Statute (specifically, Fla. Stat. §61.58) protects confidentiality by, with narrow exceptions, keeping Collaborative communications private and preventing them from being used in court. The statute also protects nonparty participants (for example, a Neutral Financial Professional or Neutral Facilitator) so the professional team can help you make informed decisions without fear that exploratory discussions meant for informal discussions will later become evidence in a trial.

Key Takeaways

  • Collaborative communications are confidential and generally cannot be used against you in court.
  • The confidentiality and privilege belongs to the spouses and, in certain instances, nonparty participants.
  • Neutral Financial Professionals and Neutral Facilitators are nonparty participants who receive protections so they can work freely and creatively.
  • Fla. Stat. §61.58 has narrow exceptions, such as threats of harm or information that must be reported under other laws.
  • The process supports open problem-solving and protects privacy, which can be especially helpful for high-asset families.

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Florida’s Save Our Homes Portability Benefit and Divorce: Is it a Marital Asset?

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If you are going through a Florida divorce, you may worry about how to protect your home, your long-term tax burdens, and your financial stability. Many high-income professionals focus on dividing the home itself, but Florida’s Save Our Homes Portability Benefit also carries real value. If you have established a homestead in Tampa, St. Petersburg, Sarasota, or elsewhere in Florida, this benefit can reduce your future property taxes, yet it is often overlooked during divorce. When you understand how it works, you can make better decisions and avoid losing tax advantages that could protect your financial future.

Quick Answer: Is Florida’s Save Our Homes Portability Benefit a Marital Asset?

Yes. Florida’s Save Our Homes Portability Benefit is usually treated as a marital asset because it grows during the marriage and can reduce future property taxes for one or both spouses. It has a value that can be taken into consideration when reaching a divorce agreement.

Key Takeaways

What the Save Our Homes Portability Benefit Actually Is

Florida’s Save Our Homes law limits how fast your homestead’s assessed value can rise. Even when the market value increases sharply, the assessed value can only increase by 3% or the Consumer Price Index, whichever is lower. This creates a gap between market value and assessed value, known as the assessment difference. Over time, this difference becomes meaningful because it reduces your property taxes year after year.

Portability allows you to take up to $500,000 of that assessment difference with you when you establish a new Florida homestead. This lower starting assessment can reduce your taxes for many years, especially if you plan to stay in your new home long-term.

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How Lawyers Can Make Divorce Less Traumatic

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If you are facing the prospect of divorce, there is a little discussed truth that you should know: The lawyer each of you choose will have a dramatic effect on whether your divorce becomes (i) a traumatic, drawn-out battle for the next several years or (ii) a thoughtful plan developed over several months that sets you and your family up for the next chapter of your lives.

Quick Answer: Yes, Your Choice of Lawyer Has a Major Impact on Your Divorce Experience

Different lawyers follow different philosophies. Traditional divorce lawyers often follow a system built for conflict (even if the lawyer genuinely is trying to help settle disputes), while Collaborative Divorce Attorneys focus on privacy, transparency, respect, and the family’s wellbeing.

Why Traditional Lawyers Often Turn Divorce Into a Battle

It is important to understand this from the start: traditional divorce lawyers are not trying to create trauma. They are not acting out of malice. They are doing exactly what they were trained to do. For generations, lawyers have been taught that the first step in a divorce is to draft a petition that asks for every possible form of relief. The logic is simple. In law school and in practice, attorneys learn that if they do not ask for something in the petition, a judge may refuse to award it later at trial.

But here is the problem: Very few families ever actually go to trial. More than 80 to 90 percent or more of Florida divorces end through settlement. And even if a case does go to trial, Florida law makes it clear that petitions can almost always be amended ahead of time. So the fearful approach of “ask for everything now or risk losing it forever” does far more harm than good.

The result is a petition that looks extreme and feels personal. You may see allegations you disagree with, requests for every type of alimony, demands for more than half the marital estate, and even demands that you pay all attorney’s fees. None of this sets a healthy tone.

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Do My Business Bank Accounts Get Divided In A Florida Divorce?

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If you own a business and are facing divorce, you may be wondering whether your business bank accounts—the checking, savings, operating, or money market accounts tied to your company—could be considered “marital assets” and divided.

For many professionals, these accounts represent far more than just money. They reflect years of effort, payroll obligations, and the foundation of your financial life. Understanding how Florida law treats business bank accounts can help you protect what you’ve built and choose the right path forward.

Quick Answer: Can Business Bank Accounts Be Divided in a Florida Divorce?

Yes. Business bank accounts can be divided in a Florida divorce depending on when and how the business was created, how the accounts were funded, and whether marital income or marital efforts contributed to their growth. Under Florida’s equitable distribution law, the court can treat those funds as marital property even if the accounts are in only one spouse’s name or owned by the business.

How Florida Law Treats Business Bank Accounts in Divorce

Under Section 61.075, Florida Statutes, courts must divide marital assets and debts fairly, though not necessarily equally. Marital assets generally include property or income acquired during the marriage—regardless of whose name is on the account.

That means if your business was formed or operated during the marriage, the funds in its business bank accounts could be considered marital.

If your business predated the marriage, those accounts might begin as nonmarital. Still, any increase in their balance or new deposits during the marriage can be at least partly marital—especially if marital income was added or your marital efforts contributed to the business’ success and growth.

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