Property Division Sets Your Financial Foundation

In a Florida divorce, all marital assets and liabilities are subject to equitable distribution. It is important to emphasize this does not mean everything is split evenly. Rather, the court will consider a number of factors when determining how to divide marital property.

Of course, if the parties involved can agree to terms of property division amicably, litigation will be unnecessary. Whether you expect to resolve property division matters outside of court, or there is a chance litigation will be necessary, it is important to work with a knowledgeable Florida divorce attorney who will protect your interests and help you begin your post-divorce life with the strongest possible foundation.

If you or your spouse owns a business or has a stake in a professional partnership such as a medical clinic, accounting firm or law practice, these assets may become part of the marital property that is divided. We have extensive experience assisting individuals with the division of complex assets in divorce.

Your Best Interests Become Our Best Interests

At Barry P. Burnette, PA, we are adept at resolving property division disputes and protecting our clients' best interests. Our experience and thorough understanding of Florida property division laws allow us to maximize the amount that our clients recover when dividing marital assets.

Here are some of the factors that Florida courts consider when determining how to divide marital property:

  • The length of the marriage
  • Each spouse's financial situation, including income, earning potential and ability to rebuild assets
  • Contributions to the marriage by each spouse, including services as a homemaker and care and education of children
  • Any contributions one spouse made to career advancement or educational opportunities of the other spouse
  • The desirability of retaining the family home as a residence for any dependent children if it is economically feasible and it would be equitable to do so
  • Whether either spouse intentionally depleted marital assets after the divorce petition was filed or within two years of its filing

Don't Risk Your Financial Foundation At This Important Time

Finances are one of the most stressful aspects of divorce. It is essential to work with a lawyer who will help you keep your financial foundation intact by protecting your rights regarding the division of marital property.

We welcome the opportunity to review your situation during an initial consultation and will provide you a candid summary of what you can expect. Call 352-508-6735 or use our online contact form to schedule a meeting. We work with clients in Lake County and all neighboring counties from our office in Tavares.