Property Distribution:
A major issue decided during a divorce is the distribution
of marital assets and liabilities. In Florida, all marital assets and liabilities are to be “equitably
distributed.” This often means that the Court divides all the assets and liabilities equally between the
parties, and always takes a 50/50 starting position. However, there are frequent occasions when an unequal
distribution of the marital property and debts is appropriate. The following is a non-exhaustive list of some of
the factors the Courts consider when deciding whether an unequal distribution is appropriate:
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The contribution to the marriage by
each spouse, including contributions to the care and education of the children and services as a
homemaker |
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The economic circumstances of the
parties |
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The duration of the marriage |
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Any interruption of personal
careers or educational opportunities of either party |
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The desirability of retaining any
asset, including an interest in a business, corporation, or professional practice, intact and free from
any claim or interference by the other party |
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The desirability of retaining the
marital home as a residence for any dependent child of the marriage |
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The intentional dissipation, waste,
depletion, or destruction of marital assets after the filing of the petition or within 2 years prior to
the filing of the petition |
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Any other factor necessary to do
equity and justice between the parties |
For a personal legal analysis of how Florida’s equitable distribution laws and Court cases
could affect the property distribution in your divorce, contact The Switlyk Law Firm, P.A. for
your consultation with one of our experienced divorce and family law attorneys.
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