Florida law determines what is marital property and what is non-marital property. The court can divide and distribute only marital property. Non-marital property is property that one spouse brings into the marriage or obtains by way of separate gift or inheritance during the marriage. Such property must have been kept separate and not commingled with marital assets.
Our South Florida divorce lawyers at Pazos Law Group know many methods to prove an asset marital or non-marital. The court begins its division of marital property with a presumption that the division should be equal. Adjustments one way or the other can be made if justified by certain factors, such as:
Notably absent from the statutory criteria is any consideration of who was at fault for the failure of the marriage. Florida is not a fault state. The criteria for a Florida divorce is irreconcilable differences. You do not have to prove adultery, abandonment or mental and physical cruelty.
In many cases, it may be necessary to work with forensic accountants, appraisers, and other experts to determine the value of assets or a business. We can work with our network of experts who can provide accurate and fair assessments of properties, businesses, and assets. If there is hidden income involved, we are skilled at tracing funds through various financial accounts.
Move forward from your divorce knowing that you have the assets and properties you are entitled to. Learn more by talking to our knowledgeable attorneys. From our offices across Fort Lauderdale, Hollywood, Coral Gables, Coral Springs, Plantation, and beyond, we are able to help clients all across Florida.
Contact us today to schedule your confidential interview: (954) 719-5557.
Pazos Law Group
1840 N. Commerce Pkwy.
Weston, FL 33326
110 East Broward Blvd.
Fort Lauderdale, FL 33301
4000 Hollywood Blvd.
433 Plaza Real
Boca Raton, FL 33432
One Alhambra Plaza
Coral Gables, FL 33134