During your marriage, you bought a house and two cars. You created investment
accounts, one in your name and one in your spouse's. Your spouse has
a retirement account and stock options and you opened a business with
How will the Florida
divorce court divide these assets between you and your spouse? You may want to
speak with the experienced Tampa divorce lawyer from the firm for assistance
protecting your rights during this process.
How is Property Divided During a Florida Divorce?
Florida only divides "marital property," i.e., property acquired
during the marriage. It is "presumed" that there will be a 50/50
division of marital property. Under certain circumstances, however, divorce
courts in Florida can give unequal shares to either party of the divorce.
equitable distribution laws are designed to provide a fair, but not necessarily equal, split.
The court determines what assets are given to the parties of a divorce
based on a variety of factors.
To divide up your marital property, a number of issues must be considered,
- Whether the asset was acquired during the marriage, i.e., whether it is
a "marital asset"
- If it is a marital asset, title to the asset dos not matter, i.e., the
asset can be titled in one spouse's name, both spouses' names
or a spouse's and another person's name
For further assistance,
get help from Catherine W. Real, P.A. today!