How Florida Divides The Marital Estate
Florida’s divorce law uses an equitable distribution method for dividing a marital estate. An equitable distribution considers many factors and divides the estate fairly rather than evenly. “Fairness” in divorce can often change depending on how effective your attorney is.
At my firm, Pamela Fero Law, PLLC, I pursue a property division resolution that makes sense for my clients. Everyone contributes to the marital estate, and they deserve to benefit from that growth. As your family law attorney, I will listen to you, learn about your priorities, and then pursue your goals with strength and dedication.
What Is The Marital Estate?
The marital estate is all the assets you and your spouse acquired during the marriage. It can include:
- Retirement accounts
- Small businesses
Anything acquired after the marriage is probably in the marital estate. These are items of value and in every marriage, the marital estate is often rather sizeable. However, there are some things that do not become marital property.
A Brief Overview Of Separate Property
Everyone brings some property, some assets and some value with them into the marriage. Those assets are still yours after the marriage ends because the law considers them separate property. In addition to what you possessed before your wedding, separate property includes gifts to only one person in the marriage and also inheritances to only one person.
Sometimes Fairness Needs Some Help
Property division is one of the most contested aspects of divorce, especially for older individuals. Because these are such high-stakes matters, you cannot just “hope” it will work out for you. You need an advocate who will stand for you and demand what is fair.
I always go into a divorce hoping for an amicable, peaceful situation. But I’ve been through a divorce myself, and I know how it goes. I will explain all the related concerns to you and build a strategy you can trust. Call me at 954-228-6361 or send an email to schedule a free consultation.