Florida law stipulates that marital assets and liabilities are to be divided equitably upon divorce, in legal jargon this is referred to as equitable distribution. However, equitable distribution may not always mean equal division. Each and every divorce case is different.
Florida courts look at many factors when determining which party gets what and how much they get. Before dividing property in a divorce the court must first decide what is marital property and what is nonmarital property.
As a Jacksonville Family Law Attorney, I am frequently involved in the dissolution of assets process. Should you find yourself facing an upcoming divorce, contact a Jacksonville Family Law Attorney today.