As home prices are rising in Florida and elsewhere, more couples are deciding to end their marriages. A decade ago, couples could count on using the profits from the sale of their property to buy and furnish their own home, but the less stable real estate market of recent years served as reason enough for some couples to delay their divorces until they were able to sell their homes for a profit. Rather than get divorced while the family home is underwater, these couples waited until they were able to sell the property and walk away with some money to start their new lives.
Negotiating which spouse gets what of the savings, cash, real estate and investments accumulated during a marriage is one of the most important things people deal with in a divorce. Many times, property division involves other items such as art, a wine collection or other assets that the couple has accumulated. However, other property such as air miles can lead to disagreements. It's important to understand how property like frequent flyer miles can impact a divorce.