Division of Property – Boca Raton Family Law Firm
Florida family law follows the model of equitable distribution with the goal that each party walks away with his or her fair share of the marital estate. The cut-off date for the division of property by determining assets and liabilities to be identified or classified as marital assets and liabilities, or non-marital assets and liabilities, is the earliest of the dates the parties enter into a valid separation agreement or the date of the filing of a petition for dissolution of marriage.
Although Florida is a self-proclaimed equitable distribution state, this does not necessarily mean that there will be a 50/50 split. There are numerous complex issues involved in determining if an asset is marital or separate and determining property rights can end up being one of the most contentious aspects of a divorce. The flipside of equitable distribution, or a request for an unequal distribution, can be effectuated to provide equity between the parties. This request involves several statutory factors in determining each party’s property rights.
At the Law Office of Jordan Gerber, we are committed to safeguarding your interests while ensuring that you receive all that you are entitled to. Click Boca Raton Divorce Attorney today to schedule your consultation and save yourself the regret of wondering what could have been.
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