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Division Of Assets & Liabilities
Protect Your Assets
When you have spent your life building your assets, the last thing you want is to have to give up your money and property. However, Florida divorce laws require an equitable, or fair, distribution of property between spouses.
Understanding Divorce And Retirement Benefits
In Florida court, equitable often means equal. However, you do not have to reconcile yourself to the thought of necessarily losing half of your assets. A judge will decide the division, taking into account certain factors such as:
- Length of the marriage
- Each spouse’s financial state separate from the other
- Each spouse’s effect on household finances, including how much money each brought in or expended
This does not include assets such as military retirement benefits or pensions, which are divided separately.
Another part of divorce proceedings is dividing debts incurred. Liabilities incurred by either spouse must be split as well.
Get Information Today
You deserve representation that can help you equitably divide the assets you have worked for during your marriage. To discuss your case with an experienced divorce lawyer, call the law office of Georgia Thomas, P.A., at 850-864-5551. Her office is conveniently located in Fort Walton Beach.