Protecting Clients’ Interests in Settlement Negotiations and Litigation
One major concern many people have about divorce is what will happen to their property. In Florida, most types of assets and debts acquired by either spouse during the marriage are considered marital and should be divided equally.
At Key West, our property division attorneys are committed to helping clients protect their interests in the distribution of assets and debts so they can emerge from the divorce process in a financially healthy position.
Understanding the Equitable Distribution Process in Florida
If you are going through a divorce, Florida law may say that some of your assets should be distributed to your spouse or that some of your spouse’s assets should be distributed to you. Depending on how they were acquired, these assets could include:
- Bank accounts maintained in either spouse’s name
- Homes, investment properties, and other real estate
- 401(k)s, IRAs, pensions, and other retirement accounts
- Businesses owned or co-owned by either spouse
The principle for dividing assets in Florida divorce cases is called equitable distribution. Equitable does not necessarily mean equal; it means that the court must arrive at an outcome that is fair to both parties. Not only marital assets but also marital debts can be divided this way.
Most asset division issues are resolved through negotiation, and our Key West divorce lawyers are prepared to negotiate settlements that protect our clients’ interests. We also have the experience to take cases to trial, when necessary, to pursue fair outcomes for our clients.
Marital Property Attorneys
If you are concerned about what will happen to your home, your retirement savings, or any other assets in your divorce, we encourage you to contact us to discuss your case with our Key West family lawyer. For a free consultation, call our priority line at 305-409-3636.