Marital property in Florida is divided based on what is equitable

On Behalf of | Sep 16, 2016 | Property Division |

The assets that you acquired during your marriage have to be divided when you get a divorce. Florida is one of the states in the country that doesn’t deal with the community property concept in which assets and liabilities are divided evenly. Instead, the court in Florida will look at what is fair when dividing property.

One thing that you should know about dividing property in Florida is that you and your ex can come to an agreement about how everything will be split. This puts you in control because you can negotiate the settlement. Many couples find that is preferable over the court deciding who gets what. The negotiations are usually done through mediation. We can help you to learn about how the process works and make a plan that you can use to guide you as you work to come to an agreement.

If you rely on the court to split things up, the court will consider several factors to determine what is just. These include your age, whether you or your spouse will be getting an inheritance or not, how your income compared with each other and other factors that the court considers important. In some cases, marital fault, such as adultery, could impact the property division process if the court is left to decide on the matter.

We know that you might be concerned about what is going to happen in your case. We can help you to learn about your options, responsibilities and rights. This can help you to decide on a plan of action for dealing with the division of property when you divorce.

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