Division of Property
In Florida, the courts strive to make an equitable distribution of property, which does not necessarily mean equal. There are several factors that result in deviating from a 50-50 split of marital assets and property. Some of those factors are:
- The contribution to the marriage by each spouse, including contributions to the care and education of the children and services as homemaker.
- The duration of the marriage.
- Any interruption of personal careers or educational opportunities of either party.
- The contribution of one spouse to the personal career or educational opportunity of the other spouse.
- The desirability of retaining any asset, including an interest in a business, corporation, or professional practice, intact and free from any claim or interference by the other party.
- The desirability of retaining the marital home as a residence for any dependent child of the marriage.
- The intentional dissipation, waste, depletion, or destruction of marital assets after the filing of the petition or within 2 years prior to the filing of the petition.
At Yaffa & Associates, we understand that property division can be a difficult task. Our firm is sensitive to your concerns, from who keeps the house (or whether it should be sold) to ensuring proper business valuations, to the determination and setting aside of any nonmarital assets.
We will take the time to explain the consequence of your property division decision and help you understand the law and how it applies to your circumstance in order to obtain the most favorable result.