Equitable Division of Assets in Florida
Call Our Brevard County Divorce Attorneys
One of the most contentious issues that you may find yourself facing in a divorce is deciding which person gets what shared items. When negotiating the terms of a divorce, the division of assets can be one of the most complicated proceedings. Florida divorce courts take into account a variety of factors when deciding which spouse should receive certain assets. Make sure you are appropriately represented in your divorce so that the opposing party does not take advantage of you!
There are many ways that you can be taken advantage of during a divorce, including having your former partner hiding important assets or property from you to prevent you from having access to, or even having a spouse lie in order to obtain a larger cut of the property. When people are pitted against one another, each person will want to feel as though they are winning.
How is property divided during a Florida divorce?
Florida law will divide property according to the laws of equitable distribution. This means that the court will look at a number of different factors before deciding what amount of property is fair to give to each person. While the name may suggest otherwise, equitable distribution does not mean that property will be evenly divided between each person.
Factors taken into consideration when dividing assets include:
- Duration of the marriage
- Each spouse's contribution to acquirement of wealth
- Each spouse's employment status
- Child custody determinations
- Each spouse's economic status and situation
- Any contributions one spouse made to the other in the case of educational or career opportunities
- Any potential destruction of material property by either party in the two years prior to the separation
Based on these contributions, the court will examine each person’s overall contribution to the marriage and what they deserve. This is more difficult than it seems. You need an aggressive and knowledgeable Brevard County divorce attorney to help you during this time. Property division cannot be changed at a later date, and you need to be sure that you are properly taken care of from the beginning.
Protect Your Property: Contact Henderson & Futchko, P.A.
Individuals who "lose it all" in their divorce are usually individuals who are not adequately prepared or effectively represented. Do not let this happen to you. Our team of Brevard County family law attorneys at Henderson & Futchko, P.A. is dedicated to preserving your dignity as we press for an appropriate division of assets. Our goal is to meet your needs in a manner that is professional and dignified, helping to secure your quality of life in the wake of this upheaval.
In divorce cases involving children, it is essential that the division of assets goes smoothly and correctly, as the effect of the division can most drastically affect the young ones involved. Protect your belongings during divorce by contacting a member of our team for legal assistance.
At Henderson & Futchko, P.A., we pride ourselves in being able to interact with you one-on-one, providing you access to our experienced attorneys. Our representation is always custom fit to your specific situation. We make you our priority, and our clients can be confident in the fact that we are always invested in your case until its completion.
Contact our firm today for a consultation.