Division of Property During a Divorce

Orange County, Florida Family Law Firm Protects Your Rights

Marital property in Florida generally includes all assets and debts acquired by either spouse during the marriage. Property acquired during the marriage is typically divided equally between the parties, regardless of whose name it may be in. Assets typically include:

  • Money
  • Property
  • Retirement accounts
  • Deferred compensation
  • Profit sharing

Before the property can be divided, a couple must determine whether either spouse owns any of the property separately. Assets owned by only one of the parties before the marriage or inherited property that has not been put into both parties’ names will most likely remain separate and not be subject to a 50/50 split.

Property Division in Florida

Florida couples are free to make their own agreements regarding property division, and courts generally uphold these agreements as long as they are in writing and each spouse was able to consult with an independent attorney. If a couple cannot reach an agreement, an arbitrator or judge will decide how property will be divided by considering all the relevant circumstances, including:

  • Length of the marriage
  • Each spouse’s economic circumstances
  • The arrangement that will most likely allow the children to remain in the marital home
  • Each spouse’s economic contributions to the marriage
  • Whether either spouse interrupted a career or education during the marriage or contributed financially to the other spouse’s career or education
  • Each spouse’s debts and liabilities
  • Whether either spouse intentionally wasted or destroyed marital assets either after the divorce petition was filed or up to two years preceding it

Contact an Orange County, Florida Family Law Firm Today

If you are struggling with property division in a Florida divorce, it is imperative that you obtain competent and aggressive legal representation. Contact Florida divorce lawyer Stanley M. Silver, Attorney at Law, P.A. online or call (407) 869-1616 to schedule your free initial case evaluation today.

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Stanley M. Silver, Attorney At Law PA
1220 Commerce Park Drive, Suite 201, Longwood, Florida 32779
Telephone: (407) 869-1616 | Fax: (407) 869-9998

Stanley M. Silver provides sound legal advise and representation for clients located in Longwood, Altamonte Springs, Winter Park, Casselberry, Sanford, Winter Springs, Apopka, Maitland, Orlando, Orange County, Seminole County and all across Central Florida

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