In any divorce or dissolution of marriage, an area of great concern(s) is the division of assets and debts. In Florida, the law provides for an "equitable distribution" of marital assets and liabilities. While a divorce court must begin with the presumption that marital assets and liabilities are to be divided equally, the court may distribute the marital estate fairly or "equitably" instead. Fair is not always equal. Factors to be considered include the contribution of each spouse to the marriage; the duration of the marriage; and the economic circumstances of each spouse. Alimony is determined after equitable distribution.
Equitable Distribution the Division of Assets and Liabilities in a Divorce
Welcome to our Gainesville, Florida, law blog
When in need lawyer for a family, a criminal, a criminal traffic or a civil traffic matter, you want a lawyer who will be available and accessible to protect your rights. Florida's justice system can be confusing and intimidating, with a unique set of rules and a language of its own. An attorney who understands the law and the process can help you evaluate your options and make the right decisions.
