Property division is often one of the most highly contested matters in a divorce. Each side wants to receive his or her “fair share” of marital assets, 401(k) retirement plans, stocks, and property holdings accumulated during the marriage. Protecting your right to a fair equitable distribution of your marital property is very important. The assets you receive will help you build the foundation for your new life.
Florida law enforces equitable distribution of property. Florida is an equitable distribution state. This does not necessarily mean assets will be split down the middle in a divorce. Equitable distribution refers to the fair division of marital property. “Fair” can be a difficult concept to define in these situations, which makes having an experienced attorney critical to ensuring assets and debts are divided in a just manner.
All possessions accrued during the marriage, including bank accounts, retirement accounts, investments, and property should be reviewed in an effort to divide them equitably. Debts are also taken into consideration to determine an accurate value of your marital estate.
In some instances, our clients have suspicions that his or her spouse is hiding assets in an effort to protect them from being part of the divorce agreement. In these instances experienced family lawyers, forensic accountants, and investigators can help determine what has happened to the missing money, or assets.
Stephen Holman is a family attorney in Pensacola, Florida, where he founded Stephen T. Holman P.A. Stephen has personal experience that the best divorce is one that protects your children. He has the proven courtroom experience to aggressively fight for your rights and defend your interests.