Divorce Mediation in Fort Lauderdale
Property Divison in Divorce
In the process of divorce, an important issue is often the division of property. Florida has "equitable distribution" law to resolve property division disputes in divorce cases. The term "equitable distribution" does not mean equal division of assets and debts when filing for divorce but a division that is fair and just after considering various statutory factors. While courts encourage parties filing for divorce to reach their own property settlement agreements, and such settlements are often achieved with the assistance of good legal counsel, the court will resolve properties disputes that the parties cannot settle themselves.
Florida divorce laws do not consider spouses’ gender in property division disputes but do consider other factors when resolving the property matter. The statutory factors in property divison when filing for divorce in Fort Lauderdale and throughout Florida are:
- Contributions to the marriage
- Economic circumstances of the divorce parties
- Duration of the marriage
- Interruption or personal careers or educational opportunities.
- Contributions by one party to the career or education of the other
- Desirability to retain an asset from claim or interference by one party
- Contributions to the acquisition, enhancement or production of income, marital and non-marital assets as well as marital and non-marital liabilities
- Desirability of giving one divorce party exclusive use and possession of a marital residence for either their benefit or the benefit of the parties’ child.
- Dissipation, waste and concealment of marital assets
- Any other fact necessary to do equity and justice.
If you have any questions contact our divorce mediation professional lawyers in Fort Lauderdale right now. You can reach the divorce mediation lawyers by completing the contact us form or calling the toll free number 954-524-0505.
