Florida Property Division Attorneys
Marital property in Florida is divided according to the law of equitable distribution. This means that a couple’s property and assets are not necessarily divided 50-50 throughout the course of a divorce. The assets and property accumulated during the course of the marriage are divided equitably at the discretion of court.
At the Boca Raton office of Brodie & Friedman, P.A., our lawyers use our years of experience and the cases we’ve handled when helping individuals with marital property division. We structure our advice and guidance in order to help clients understand the economic ramifications of the choices they have with divorce asset protection and property division.
Types of Property considered for Equitable Division
Homes, property, and physical possessions are not the only types of assets that are subject to division.
Some of the types of monetary assets and accounts that may be divided upon a divorce include:
- Retirement accounts
- Health insurance
- Stocks and bonds
- Social Security disability benefits
Marital debt is also subject to division.
The debt that is accumulated by the two parties throughout the course of a marriage is also subject to equitable division. This is designed to eliminate the possibility that a large amount debt left for the party with the lower income earning ability. We help clients understand marital debt division and how it may factor into other sects of the property division. If the debt was incurred by one spouse for their exclusive benefit it may be possible to it assigned to that spouse as a portion of their share of the divided debts.
Contact our Boca Raton property division attorney
For more information about property division matters involved in your divorce, contact our legal team at Brodie & Friedman, P.A. today at (561) 392-5100. During an initial consultation, you can discuss your specific concerns. We represent people throughout South Florida, including Coral Springs, Boca Raton, West Palm Beach, Boynton Beach, Pompano Beach, Delray Beach, and Naples.