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Equitable Distribution in Florida Divorce: What You Need to Know
In Florida, property division during a divorce is governed by the principle of equitable distribution, as outlined in Florida Statutes Chapter 61. This means that marital assets and debts are divided fairly between spouses, but not necessarily equally. The court considers several factors to determine a fair distribution based on the specifics of each case.
Key Factors in Equitable Distribution:
- Length of the marriage: The longer the marriage, the more likely the court is to consider a more equal division of assets.
- Each spouse’s contributions: Both financial contributions (income, property acquired) and non-financial contributions (household work, raising children) are considered.
- Economic circumstances: The court will assess each spouse’s financial situation, including income, assets, and debts.
- Desirability of keeping certain property: For example, if one spouse wants to keep the family home, the court may grant that wish, factoring in other aspects of the property division.
While equitable distribution aims for fairness, it doesn’t always result in a 50/50 split. The court’s goal is to achieve a just outcome based on the unique circumstances of your marriage.
Why You Need an Experienced Attorney
Navigating the equitable distribution process in a divorce can be complex, especially when dealing with significant assets, debts, or disagreements over how property should be divided. An experienced attorney, like those at Golden Key Law Group, can help you understand your rights and ensure a fair and equitable distribution of assets.
How Golden Key Law Group Can Help:
- Guiding you through property division to ensure fair treatment of both assets and debts.
- Protecting your interests in complex property disputes, including the family home and retirement assets.
- Providing expert legal advice on how the length of your marriage and your contributions might affect the outcome.
Contact Us Today
If you’re facing a divorce and need assistance with equitable distribution, contact Golden Key Law Group to schedule a consultation. We’ll help you navigate the property division process and work towards a resolution that protects your financial future. Let us support you in moving forward with clarity and confidence.ur rights and ensure that your child’s financial needs are properly addressed.