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Portability Benefit - Family Diplomacy | A Collaborative Law Firm

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

December 2, 2025/in The House, Collaborative Divorce, Marital Assets //Tags: collaborative attorney, collaborative divorce, Collaborative Divorce Florida, collaborative family law, collaborative financial professional, Collaborative Law, collaborative practice, dissolution of marriage, divorce, divorce and homestead, equitable distribution, equitable distribution Florida, florida divorce, Florida divorce taxes, Florida homestead abandonment, Florida property tax portability, Florida real estate divorce, Florida Save Our Homes, Florida Statutes, high asset divorce Florida, homestead exemption divorce, marital assets Florida, portability benefit, Save Our Homes cap, St. Petersburg divorce attorney, Tampa Bay Collaborative Divorce, Tampa Bay Collaborative Family Law, Tampa collaborative divorceby Adam

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

  • The Save Our Homes (SOH) Cap limits annual increases of a homestead’s assessed value to 3% or CPI.
    Authority: §193.155(1), Fla. Stat.
    http://www.leg.state.fl.us/statutes/index.cfm?App_mode=Display_Statute&URL=0100-0199/0193/Sections/0193.155.html
  • Portability lets you transfer up to $500,000 of that savings to a new Florida homestead.
    Authority: Art. VII, §4(d)(8), Fla. Const.
    https://www.leg.state.fl.us/statutes/index.cfm?submenu=3#A7S04
  • If one spouse keeps the marital home without abandoning homestead, only that spouse keeps 100% of the portability benefit.
  • If the home is sold or the homestead is abandoned, the spouses can usually split the benefit or agree to a different allocation using the Florida DR-501TS form.
    Form: https://floridarevenue.com/property/Documents/dr501ts.pdf
  • Portability affects long-term housing costs and often becomes part of equitable distribution during divorce.

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.

Read more →

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Do My Business Bank Accounts Get Divided In A Florida Divorce 1 1 - Family Diplomacy | A Collaborative Law Firm

How Lawyers Can Make Divorce Less Traumatic

November 24, 2025/in Collaborative Divorce //Tags: Adam B. Cordover, collaborative attorney, collaborative divorce, collaborative facilitator, collaborative family law, collaborative financial professional, Collaborative Law, collaborative mental health professional, collaborative practice, dissolution of marriage, divorce, divorce lawyer St. Petersburg, divorce lawyer Tampa, divorce trauma prevention, Family Diplomacy, Florida Collaborative Attorney, florida divorce, Florida Statutes, high net worth divorce, interest based negotiation, low conflict divorce, private divorce process, Tampa Bay Collaborative Divorce, Tampa Bay Collaborative Family Lawby Adam

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.

Read more →

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Do My Business Bank Accounts Get Divided In A Florida Divorce 2 - Family Diplomacy | A Collaborative Law Firm

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

November 18, 2025/in Blog //Tags: business bank accounts, business finances in divorce, business owner divorce, business valuation, collaborative divorce, collaborative family law, collaborative financial professional, Collaborative Law, collaborative practice, dissolution of marriage, dividing business assets, divorce, divorce for doctors, divorce for entrepreneurs, divorce for lawyers, equitable distribution, financial neutral, florida divorce, Florida equitable distribution, forensic accounting divorce, marital vs nonmarital assets, postnuptial agreements Florida, prenuptial agreements Florida, protecting business in divorce, Sarasota divorce attorney, Section 61.075 Florida Statutes, small business, St. Petersburg divorce attorney, Tampa Bay Collaborative Divorce, Tampa Bay Collaborative Family Law, Tampa divorce attorneyby Adam

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.

Read more →

https://familydiplomacy.com/wp-content/uploads/2025/11/Do-My-Business-Bank-Accounts-Get-Divided-In-A-Florida-Divorce-2.jpg 720 1280 Adam https://familydiplomacy.com/wp-content/uploads/2016/12/Family-Diplomacy-Logo.jpg Adam2025-11-18 14:23:252026-03-17 11:27:28Do My Business Bank Accounts Get Divided In A Florida Divorce?
Legal Name Change - Family Diplomacy | A Collaborative Law Firm

We Can Help You Get A Legal Name Change in Florida

October 14, 2025/in Legal Name Change, LGBT Family Law Matters //Tags: change of name, Florida name change, maiden name, name change, Tampa Bay Name Change Attorney, transgender family law rights, transgender name change, transgender parental rights, transgender rightsby Adam

My name is Jennifer, and I’m a Collaborative Family Law Paralegal and Client Care Specialist at Family Diplomacy. I’ve been working closely with residents of Florida to assist them with legal name changes since 2013. Not all residents of Florida whom we have helped actually live in Florida, but they have established residency here. We have worked with clients deployed in the military, people who work or go to school overseas, and people who live some of the year in different parts of the country. We are also able to help clients all over Florida through Zoom; in fact, we have not been required to attend a name change final hearing in person since before the Covid lockdown in March 2020.

Common Reasons For Changing Your Legal Name in Florida

Florida is a great state to change your name.. Counties have different requirements, but we have found the requirements to be relatively simple, for the most part.

I learned early on that people change their names for many reasons. Some people  don’t like their first or last name, or prefer a different name. Some have been called a different name most of their lives and decide to make it official. I’ve also learned that you actually don’t need a reason to change your name at all. You can change it simply because you want to.

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https://familydiplomacy.com/wp-content/uploads/2025/10/Legal-Name-Change.png 1440 2560 Adam https://familydiplomacy.com/wp-content/uploads/2016/12/Family-Diplomacy-Logo.jpg Adam2025-10-14 14:04:282025-10-14 14:04:28We Can Help You Get A Legal Name Change in Florida
Joint Divorce Process Option Meeting - Family Diplomacy | A Collaborative Law Firm

First Step To An Amicable Divorce: Joint Divorce Process Options Meeting

October 6, 2025/in Divorce, Collaborative Divorce, Mediation //Tags: collaborative attorney, collaborative divorce, collaborative facilitator, collaborative family law, collaborative financial professional, Collaborative Law, collaborative mental health professional, collaborative practice, dissolution of marriage, divorce, florida divorce, mediation, Tampa Bay Collaborative Divorce, Tampa Bay Collaborative Family Lawby Adam

If you and your spouse are considering divorce in Florida, you may be worried about where to begin. Most separating families aren’t looking for a court battle; they just want to move forward, protect their privacy, and make sure they (and their kids, if any), are okay.

That’s exactly why Family Diplomacy offers a Joint Divorce Process Options Meeting, sometimes called a joint divorce consultation or amicable divorce options meeting. It’s a calm, informative way for both spouses to learn about their main divorce options – litigation, mediation, and Collaborative Divorce – before making any major decisions.

How the Joint Divorce Process Options Meeting Works

This meeting is a one-time, educational conversation with both spouses together. We meet on Zoom to discuss the main process options for divorce in Florida. It just costs our normal hourly rate, and you’ll learn what each option looks like, the pros and cons, and what level of privacy, cooperation, and support each allows.  By the end of the meeting, you likely will be able to make a decision about which option your family wishes to pursue.

Before the meeting, we send out a Joint Process Options Meeting waiver for both spouses to sign confirming three important things:

  1. We will not give legal advice or represent either spouse during this meeting; we are only discussing process options.
  2. The discussion is not confidential since both spouses are present and a process option is not yet chosen.
  3. If one spouse chooses to hire Family Diplomacy to represent them, it will only be the spouse who first contacted our office; we cannot represent both spouses.

This clear structure eliminates confusion and maintains fairness. You’ll leave with reliable information, not pressure or legal posturing.

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Athletes Post - Family Diplomacy | A Collaborative Law Firm

Professional Athletes and Seasonal Custody Schedules

September 29, 2025/in Collaborative Divorce, Custody, Custody Law //Tags: child custody, child support, collaborative attorney, collaborative divorce, collaborative facilitator, collaborative family law, collaborative financial professional, Collaborative Law, collaborative mental health professional, collaborative practice, dissolution of marriage, divorce, florida divorce, gay and lesbian parents, LGBT family law rights, parental responsibility, parenting plan, paternity, same sex couples, Tampa Bay Collaborative Divorce, Tampa Bay Collaborative Family Law, time-sharingby Adam

For professional athletes, your life does not follow a standard calendar. Half the year may be spent training, traveling for games, or living in another city during the season. The other half may finally bring you back home with more flexible time. That rhythm is part of your career, but it also brings unique challenges when it comes to raising children. If you are going through a divorce, paternity matter, or otherwise establishing parenting rights or a time-sharing schedule, you need a process that respects your schedule, your privacy, and your children’s well-being.

Why Florida’s Standard Parenting Plans Often Fail for Professional Athletes

Typical custody schedules assume both parents live in the same area with relatively predictable routines. They rarely account for long stretches where one parent is away for work. For athletes, sticking to a week-on, week-off plan is impossible when games, travel, and training dominate half the year. Further, generic parenting plans don’t take into account what happens if you are traded or when you retire from professional sports.  Without flexibility and anticipation of future changes, you risk missing meaningful parenting time and leaving your children caught in the middle of scheduling conflicts.

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Blog Post Graphic - Family Diplomacy | A Collaborative Law Firm

Conscious Uncoupling and Collaborative Divorce: A Different Way to End a Marriage

September 25, 2025/in Collaborative Divorce //Tags: Adam B. Cordover divorce attorney, collaborative attorney, collaborative divorce, Collaborative Divorce Florida, collaborative facilitator, collaborative family law, collaborative financial professional, Collaborative Law, collaborative mental health professional, collaborative practice, conscious uncoupling, dissolution of marriage, divorce, mindful divorce process, neutral facilitator Collaborative Divorce, neutral financial professional divorce, private divorce Florida, Tampa Bay Collaborative Divorce, Tampa Bay Collaborative Family Lawby Adam

For many, the word divorce brings to mind courtrooms, conflict, and chaos. But there’s a growing movement—both philosophical and legal—toward a different way. One that emphasizes respect, empathy, and forward-looking resolution. This is where the concept of conscious uncoupling intersects with the legal process of Collaborative Divorce.

What Is Conscious Uncoupling?

Conscious uncoupling is the idea that a relationship can end without destroying the people involved. Popularized in part by public figures like Gwyneth Paltrow and Chris Martin, the term speaks to the real possibility of ending a marriage with mindfulness, emotional intelligence, and compassion.

In a 2024 PEOPLE article, Paltrow reflected on being “proud” of having used the term when they announced their split in 2014. Another article in Business Insider describes how she and Martin discovered the phrase during their separation, and how they used it to frame their transition in a healthier way.

Rather than blaming one another or escalating tension, couples who choose conscious uncoupling acknowledge that the relationship has served its purpose and now deserves a dignified conclusion. They focus on preserving their individual wellbeing and the wellbeing of any children involved. It’s about moving forward, not tearing each other down.

But philosophy alone only goes so far. That’s where Collaborative Divorce comes in.

Read more →

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Collaborative Divorce Succes Rate - Family Diplomacy | A Collaborative Law Firm

New Collaborative Divorce Study Shows High Success Rate

September 16, 2025/in Collaborative Divorce, Family Law News //Tags: collaborative attorney, collaborative divorce, collaborative facilitator, collaborative family law, collaborative financial professional, Collaborative Law, collaborative mental health professional, collaborative practice, dissolution of marriage, divorce, florida divorce, Tampa Bay Collaborative Divorce, Tampa Bay Collaborative Family Lawby Adam

A newly published study about Statistics on Collaborative Divorce in Florida sheds light on why more families are turning to this private, respectful alternative to traditional courtroom divorce—because it works.

The article, co-authored by Family Diplomacy’s managing attorney Adam B. Cordover and Dr. Randy Heller, a professor at Nova Southeastern University and fellow leader in this field of alternative dispute resolution, was featured in the Florida Bar Family Law Section’s Commentator magazine,  Volume XLV, Issue 1, 2025. We are proud of Adam’s continued leadership in the Collaborative Divorce field, both here in Florida and internationally, and of the insights this study provides for lawmakers, judges, and professionals evaluating the efficacy of this process and families considering their options.

Key Statistics on Collaborative Divorce in Florida from the Study

The numbers, based on responses to a Florida Academy of Collaborative Professionals research survey filled out by Collaborative Professionals from 2014 to 2024 at the end of their cases, tell a powerful story about the effectiveness of Collaborative Divorce in Florida:

  • 85% of cases ended in a full agreement. This mirrors a 2010 study by the International Academy of Collaborative Professionals, which found an 86% resolution rate. In other words, the vast majority of couples who begin the Collaborative Process reach a complete resolution without having to fight in court.

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https://familydiplomacy.com/wp-content/uploads/2025/09/Collaborative-Divorce-Succes-Rate.png 1024 1536 Adam https://familydiplomacy.com/wp-content/uploads/2016/12/Family-Diplomacy-Logo.jpg Adam2025-09-16 09:44:142025-09-16 09:44:14New Collaborative Divorce Study Shows High Success Rate
Faqs What You Need To Know - Family Diplomacy | A Collaborative Law Firm

FAQs – Collaborative Divorce in Florida: What You Need to Know

September 10, 2025/in Collaborative Divorce, Divorce Process //Tags: collaborative attorney, collaborative divorce, collaborative facilitator, collaborative family law, collaborative financial professional, Collaborative Law, collaborative mental health professional, collaborative practice, dissolution of marriage, divorce, florida divorce, Tampa Bay Collaborative Divorce, Tampa Bay Collaborative Family Lawby Adam

When you or your spouse is a professional going through a divorce, your priorities are clear. You want to protect your family and privacy, avoid the public spectacle of a courtroom, and ensure that your complex financial life is handled with care. Collaborative Divorce offers an approach designed with those very concerns in mind. Below are answers to some of the most frequently asked questions about Collaborative Divorce that you may be wondering about.

Why is there a Disqualification Clause, and How does it Help You?

One of the things that makes Collaborative Divorce unique is the disqualification clause. In essence, this means that if either spouse decides to go to court or end the process, both Collaborative Attorneys and other team members must withdraw. At first glance, you may wonder why this makes sense. In reality, it’s a protective measure. The clause creates a strong incentive for everyone involved to stay committed to reaching an agreement rather than end up where nobody wants to go: fighting in court. Instead of treating Collaboration as a stepping-stone to litigation, you and your spouse know that the only path forward with your lawyers is to resolve matters respectfully and privately by agreement.

In my experience, this clause is one of the strongest safeguards against escalation. It helps keep conversations solution-focused and mitigates against the likelihood that the case will spin out of control into the courtroom battles you hear about on the news.

Read more →

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Welcome Services Liaison Graphic 1 - Family Diplomacy | A Collaborative Law Firm

Family Diplomacy Hires Former Physician’s Executive Assistant and Medical Interpreter

August 31, 2025/in Family Law News /by Isamar Abudeye

At Family Diplomacy: A Collaborative Law Firm, we understand that every client’s journey begins with the first call or message. That initial connection sets the tone for the entire process. This is why we are thrilled to introduce our new Welcome Services Liaison, Isamar Abudeye.

Isamar is often the first voice and smile that clients encounter, and she ensures that each person who reaches out to our firm is met with professionalism, warmth, and discretion.

A Professional Background of Excellence

Isamar brings a rare combination of organizational expertise and creative insight. With a career spanning executive assistance, recruitment, and marketing, she knows how to create seamless systems while never losing sight of the human element. She helps streamline communication, coordinates schedules, and guides clients through the onboarding process with care and clarity. Read more →

https://familydiplomacy.com/wp-content/uploads/2025/08/Welcome-Services-Liaison-Graphic-1.png 1024 1536 Isamar Abudeye https://familydiplomacy.com/wp-content/uploads/2016/12/Family-Diplomacy-Logo.jpg Isamar Abudeye2025-08-31 09:31:452025-08-31 09:31:45Family Diplomacy Hires Former Physician’s Executive Assistant and Medical Interpreter
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