Equitable Distribution of Marital Assets
Our Maitland Family Lawyer Helps Clients Obtain What They May Deserve
Equitable distribution is the way in which spouses divide both their assets
and liabilities following a
divorce. In the State of Florida, courts operate under the premise that the division
should be equal between the two parties, regardless of whose fault it
may have been for ending the marriage. However, under certain circumstances,
deviating from equitable distribution may justified.
At The Troum Law Firm, P.A. in Maitland, our
family law attorney is highly experienced in helping clients obtain what they deserve,
whether it be through careful negotiation or aggressive representation
Some factors that can be used to justify deviating from equitable distribution include:
- The length of the marriage
- The specific economic circumstances of both individuals
- The contributions made to the marriage by each individual
- Any interruptions to personal careers or educational opportunities
- The desire to retain an assets, such as a business or professional practice,
intact and free from any claim or interference from another party
Marital Property & the Equitable Distribution Process
In order to complete equitable distribution, it is first necessary to determine
the assets and liabilities of each spouse, and then determine what is
In general, marital property includes all assets and debts that either
spouse acquired during the marriage, regardless of who owns the title
to it. Nonmarital property includes assets and debts that were acquired
before the marriage, those excluded by a prenuptial agreement, or those
acquired through an inheritance or gift to one party. Once the marital
property has been determined, each piece will be given a fair value and
the division can then begin.
Representing Your Best Interests During Negotiations & Court Proceedings
As you can imagine, determining what is a marital asset or debt and each
ones specific value can turn into a contentious issue, and cause both
sides a significant amount of time, money, emotional pain, and hassle.
Our Maitland family lawyer has three decades of experience in this area.
We can sit down with you to hear your situation, determine what the best course of action may be,
tell you the likelihood of success, and represent your best interests
during negotiation or court proceedings.
Contact us now at (321) 428-2247!