A divorce can be surrounded by feelings of confusion, frustration and anger. It is the job of your lawyer to navigate you through this challenging time and help you reach a successful resolution in the most efficient manner possible.
Most people think that property and assets are divided 50/50 in a divorce. This is not necessarily true. Florida is not considered a community property state. Community property refers to the notion that in a marriage, everything is owned by both spouses. In determining the split of property and assets, Florida uses an equitable distribution theory. Essentially, equitable distribution means that what each party owned before the marriage, with some exceptions, is his or hers, and that an inheritance during a marriage may also belong only to the recipient of the inheritance.
Central Florida Marital Property Attorneys
The Orlando equitable distribution attorneys at the firm of Richard A. Heller, P.A., have decades of experience guiding clients through the divorce process. Premarital assets can be organized and clarified through the creation of a prenuptial agreement. If there is not a prenuptial agreement, these premarital assets and marital assets will be divided using equitable distribution principles recognized in Florida.
In equitable distribution, the court will look at assets acquired during the marriage and consider them in detail. Each asset will be examined to determine each party's contribution, the value of the asset and the ease of division. Many assets can be partially considered marital assets. It is important to consult with an experienced attorney to learn what your rights are with regard to that asset.
Professional Legal Services
Have your case handled by an attorney with the experience necessary to provide you with the level of representation you deserve. Contact us today. We offer free initial consultations for bankruptcy and family law matters.
