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Fort Lauderdale Property Division Lawyers
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Fort Lauderdale Asset Division Attorney

When a couple gets married, they do not just join their lives together; they will also combine their assets. Throughout the marriage, they will accumulate new assets and make them accessible to the other. Depending on the length of the marriage, these assets and properties can grow immensely in value.

division of assets 300x235 Fort Lauderdale Asset Division AttorneyBut, when the marriage fails and the couple goes into a divorce, determining the best way to divide these assets will be the court’s job. It’s crucial to document properties accurately to avoid the risk of one spouse losing their pre-marriage or separate property during a court-ordered property distribution.

With an experienced Fort Lauderdale asset division attorney on your side, you will be able to understand how your assets will be valued and distributed and ensure you are getting your fair share per the law. Fort Lauderdale Divorce Attorneys can even represent you in court to fight for fair distribution and help you prepare the documentation for your separate properties.

Call Fort Lauderdale Divorce Attorneys at (954) 371-2993 for your Consultation with a Fort Lauderdale Asset Division Attorney.

Understanding the Division of Property in Florida

Florida follows equitable distribution rules when deciding how marital property will be divided once a couple undergoes a divorce.

division of real estate 300x200 Fort Lauderdale Asset Division AttorneyUnder these rules, the properties will be divided fairly but not equally as determined by factors such as:

  • Contribution of each party in the marriage
  • The income and earning potential of each party
  • The length of the marriage
  • The number of minor children living at home
  • If one spouse made sacrifices for the other spouse’s education or employment
  • Each party’s assets and debts
  • Each party’s overall physical and mental health
  • Other relevant factors

The judge handling the case will then make a property determination that will serve the needs of both parties and the best interest of the couple’s children. In cases where properties are jointly owned, such as a home, the court may order the couple to sell the property and divide the proceeds accordingly.

Our Fort Lauderdale asset division attorneys at Fort Lauderdale Divorce Attorneys can guide you through the potential factors that may be considered by the court for your case and know which properties will be included or those you should protect.

Distinction Between Separate and Marital Properties in Florida

When dealing with property distribution, the court will consider the type of property – marital or separate- affected by the divorce. Marital properties are jointly owned or shared by spouses and will be divided equally should they end their relationship. Examples of these properties include assets that one spouse’s name is on it but the other can use, like credit cards, savings accounts, and others. Spouses can also convert their separate property into marital property by making it a joint ownership property.

divorce retirement 300x200 Fort Lauderdale Asset Division AttorneyMeanwhile, separate properties are owned by one spouse, and they will be given to them once a property settlement is ordered. Usually, separate properties are those owned by one side before the marriage or acquired as a gift or inheritance. However, the judge may award all or portions of a separate property to another spouse; if they see that it is fair, they get a percentage.

If you want to ensure that the right properties are classified before the marriage, through a premarital agreement, or during the divorce proceeding, don’t hesitate to contact your assigned Fort Lauderdale asset division attorney from Fort Lauderdale Divorce Attorneys. Our legal team will sit down with you to review the assets and properties and ensure the right documentation is given to the court for their consideration as they divide the right properties fairly.

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Davis Logo 300x96 Fort Lauderdale Asset Division Attorney

When you are dealing with asset division during your divorce proceedings in Fort Lauderdale, you must have an experienced and well-versed asset division attorney working with you so you can protect the assets and properties you wish to preserve and get without suffering excessive losses.

At Fort Lauderdale Divorce Attorneys, you can be assured that you are working with a Fort Lauderdale, FL family law firm that will work with you to achieve the best settlement for your case and have the financial backing you need to start a new life after the divorce. Contact us anytime and avail yourself of our legal services whenever you need them.

Call Fort Lauderdale Divorce Attorneys at (954) 371-2993 for your Consultation with a Fort Lauderdale Asset Division Attorney.