In Florida, the assumption is that marital property should be distributed equitably after a marriage is over. This may sound simple on the surface, but can be challenging to carry out.
There are a number of considerations that must be determined before splitting your assets. Shaughnessy Law's attorneys can help you through the process whether your assets are few and simple, or extensive and complex.
A Fair Split
Our lawyers will help you go through your property and help you decide how to split assets, which may include homes, vehicles, investments, retirement benefits and debts. We will also discuss:
- Marital versus non-marital assets: Some of your assets may not count as marital property. This may include anything that you brought into the marriage, property gained after separation, inheritances or gifts. We will explain the difference, and defend your rights regarding what should and should not be considered exclusively yours.
- Value: High-end property, or property that has particular sentimental or practical value, may be particularly difficult to evaluate. If necessary, we can work with accountants and appraisers to determine a number.
- Equitable distribution: If we feel that equitable distribution would be unfair for any reason — such as intentional destruction of assets by your spouse — we will explain to the court why a different split is more appropriate.
- Filing date: This is crucial to the process of a divorce. Any property gained after that date may not be considered part of the couple's common property. Any new debts may be the sole responsibility of the spouse who acquired the debt.
- Interaction of property division and other divorce matters: Some of the decisions you make in this area may affect other parts of your divorce, such as parenting and alimony.
Contact Shaughnessy Law
We represent separating and divorcing spouses in Brandon, Florida, and surrounding areas. Call us at 813-445-8439 or fill out our form. Let us help you divide your property fairly and finally, and put you in the best position to move forward.