Florida is an equitable distribution state, which means that any property deemed a marital asset will be divided equitably among the parties in a divorce action, while any separate property will remain separate. As such, it is critical that the courts properly characterize all property the parties own to ensure…
Articles Posted in Equitable Distribution
Florida Court Explains When Post-Marital Settlement Agreement Discovery is Permitted
In Florida divorce actions, the parties will often engage in discovery to gain a better understanding of their separate and marital assets. Such discovery generally must be completed before the parties enter into a marital settlement agreement. There are exceptions to the general rule, however, such as when one party…
Florida Court Explains When Separate Property Become Marital Property
Under Florida law, while marital property is subject to equitable distribution in a divorce action, separate property is not; instead, it remains the property of the spouse to whom it belongs. Challenges in determining the nature of property can arise, however, when a party mingles separate and marital assets, as…
Florida Court Examines Dissipation of Marital Assets in Divorces
In Florida, the courts look unkindly at one party deliberately wasting community assets during a divorce or the downfall of a marriage. As such, if they find that one party has dissipated marital assets, it may negatively impact their property rights in the context of a divorce. In a recent…
Court Discusses the Division of Cost of Living Adjustments in Florida Divorces
Under Florida law, any community property is subject to equitable division by the courts in a divorce action. Typically, pension benefits and any other retirement benefits accrued during a marriage constitute community property. Additionally, parties are entitled division of cost of living adjustments under Florida law as well. Recently, a…
Court Explains What is Subject to Equitable Distribution in Florida Divorces
Florida is an equitable distribution state, which means that in divorce actions, the courts have the authority to divide marital assets in a manner that they deem fair and just. Not all property acquired during a marriage is subject to equitable distribution, though, as shown in a recent Florida ruling.…
Florida Court Discusses Intentional Diversion of Marital Funds in Divorce Actions
In many divorce actions, a couple will disagree as to how marital property should be divided. In some instances, a party will go so far as to intentionally divert funds to prevent their spouse from accessing them. The courts typically do not look kindly on such behavior, as demonstrated in…
Florida Court Discusses Determining the Effective Date for the Termination of Marriage
There is typically some delay between the time a couple decides to end their marriage and the date ultimately determined to be the effective date of the end of the marriage. While the difference may seem insignificant, it is essential for determining issues like property division and spousal support. Recently,…
Florida Court Explains Equitable Distribution
Married couples often accumulate assets over the course of their marriage, and how that property should be split is often one of the most contentious issues when they divorce. The state of Florida is an equitable distribution state, which means that the courts are free to divide marital assets in…
What You Can Do If You Unearth Potential Proof that Your Spouse May Have Lied During Your Divorce Trial in Florida
Talk to enough people who’ve been through contentious divorces and, at some point, you’ll probably hear about how the person’s “no-good, low-down, miserable excuse for a spouse” lied on the stand, got away with it, and got the “better end” of the divorce outcome. Oftentimes, these complaints are just the…