Equitable Distribution

In Florida, statutes and case law provide for equitable division of property, when a couple divorces. Equitable distribution is the means by which a court determines a division of a couple’s assets and liabilities. The slate begins with a presumption of an equal division. Theoretically, a marriage is an economic partnership of two equal partners. However, equitable division of property does not necessarily mean you get half the property. Various factors may affect the ultimate division of property, both real and personal, including the length of the marriage and the contribution to the marriage.

While the concept of equitable distribution may sound simple, the division of assets and liabilities can be complex, especially when the couple has substantial assets, a family business, inheritances or if either spouse has property from a previous marriage to name a few examples.

At Carey & Millison, P. A., we employ forensic accountants, business valuators and real estate appraisers to assist our clients with valuation of assets, such as businesses, real estate and other financial holdings.

An experienced and marital law attorney is vital to assist you with a rational approach to structuring the division of your marital estate. The marital and family law attorneys, at Carey & Millison will work to ensure you receive a distribution that works to your advantage and provides you with the best possible financial benefit.

If you have questions about your rights regarding Equitable Distribution of Property in Florida, call our office at (813) 874-0081 to learn how our marital and family law attorneys can assist you.