Orlando Property Division Attorney
Determining how to divide assets and share debt that accrued during a marriage can be one of the more stressful aspects of a divorce. Florida law calls for equitable distribution of marital assets and liabilities in a divorce, but that does not mean each asset or liability is divided equally.
At The Davies Law Firm, LLC, in Orlando, Florida, our attorney and the entire legal team has a thorough understanding of the laws in this area. We know how to protect our clients’ rights, and we are experienced in the types of negotiations that are essential to achieve the desired results.
Orange County Equitable Distribution Lawyer
Under Florida law, there are two types of assets and liabilities: marital and nonmarital. Marital property and liabilities are any assets acquired and any liabilities incurred during the marriage through the use of marital funds or marital labor. Savings, pensions, retirement accounts, vacation homes, investment property, stocks and bonds, credit card accounts, mortgages, automobiles and auto loans are all examples of potential marital assets and liabilities.
Nonmarital assets are anything one partner owned prior to the marriage, assets acquired as a gift from someone other than the spouse during the marriage and assets acquired through inheritance. Nonmarital assets remain the property of the individual after divorce.
Valuation of assets can get complicated, particularly in high-asset divorces. Real estate may need to be value by an expert appraiser. Businesses may require a business valuation specialist. We work with highly regarded forensic accountants and other specialists to ensure that proper value is placed on all assets.
Meet With Our Orlando Property Division Lawyer
As with other divorce issues that we work on with our clients, we adopt a solutions-oriented approach to property division. We listen carefully to each client’s objectives, prioritize them and create a strategy to accomplish those goals.
We have a proven track record of helping couples reach agreement on property division matters through amicable negotiations. Reaching an agreement allows both parties to keep more control over the outcome rather than subject themselves to the uncertainty associated with having the court determine how assets will be divided. That said, we are always prepared and capable of advocating for you in family court if a fair agreement cannot be reached.
Our legal team is ready to help you resolve your asset division matters. Call 407-540-1010 or use our contact form to schedule a free initial consultation.