The division of assets and liabilities of a marriage is an important aspect of a divorce. Under Florida law, the starting point is to equally divide the value of the marital assets and liabilities that were accumulated during the marriage, usually as a result of the fruits of the parties’ labor during the marriage (in most cases, their salaries).
During this process, we are very mindful of the costs of the process versus the potential gain. We strongly urge our clients not to argue over small items, because the amount of attorney’s fees spent to retain possession of items such as pots, pans and dishes, is frequently more than the value of the items. In appropriate circumstances, we might seek an unequal division of the marital assets and liabilities, especially when alimony is awarded as a lump sum or if the other party has either dissipated or expended an unequal amount of the marital assets.
Questions about equitable distribution?
Contact Robert Merlin to learn more about equitable distribution. He can assist you in understanding the various aspects of equitable distribution so you can make informed decisions on what is best for you and your family. If you would like to find how he can help you, email him at firstname.lastname@example.org or call him at 305-448-1555.