Dividing Property in a Florida Divorce: What You Need to Know
Divorce often involves complex financial matters, especially when it comes to dividing property and assets. At the Law Office of Knox and Belcher, our experienced Lutz/ Land O’ Lakes divorce attorneys understand the intricacies of Florida’s equitable distribution laws. We’ll work tirelessly to protect your financial interests and ensure a fair division of marital property, assets, and debts.
Understanding Equitable Distribution in Florida
Florida is an “equitable distribution” state, meaning marital assets and liabilities are divided fairly, but not necessarily equally. Our lawyers will help you understand what constitutes marital property, identify separate property, and advocate for your fair share of assets such as:
Real estate (marital home, investment properties)
Bank accounts and investments
Retirement accounts (401(k)s, pensions)
Businesses and professional practices
Vehicles and personal property
Factors Considered in Property Division
Courts consider various factors when dividing property, including:
Each spouse’s contribution to the marriage
Economic circumstances of each spouse
Duration of the marriage
Interruption of personal career or education
Contribution of one spouse to the career or education of the other
Protecting Your Financial Future
We understand the financial anxieties that come with divorce. Our attorneys will:
Thoroughly investigate and value all marital assets
Identify and fairly allocate all debts
Negotiate strategically to reach a fair settlement
Litigate effectively in court if necessary
Provide clear and honest advice to empower you to make informed decisions
