In Florida, divorce matters are handled in a court of equity where justice is administered according to fairness. Florida judges have the power to equitably distribute all property acquired by the husband or the wife, or either of them, whether legal title lies in their joint or individual names.
How To Determine What’s Fair?
There must be a good reason to favor one party over the other to vary from a 50-50 split of assets.
Maximizing The Benefits To Clients
When determining how to divide marital assets and property there are three important dates: the date of separation, the date of the divorce petition and the date of the anticipated final judgment. The division of property will be based on one of these dates and it is important that your divorce lawyer understands which will be most advantageous to you.
Special equity issues arise when one spouse has an interest in the other spouse’s otherwise non-marital asset, such as bank accounts or rental property.