What Is Equitable Distribution?
Speak with a Broward County divorce lawyer to find out!
When couples go through the process of
divorce, they are required to divide the marital assets and debts between them.
In the state of Florida, marital property is divided through the process
of equitable distribution. If you are going through divorce, then the
most ideal process for property division would be through mediation, by
which you and your spouse come to agreements regarding who gets what and
compromises are made regarding the contested assets. Generally, any premarital
property is given immediately to the original owner, so long as the title
or nature of the property has not changed.
It is important to attempt a peaceful discussion to divide the assets;
as you may be able to obtain much better results through this process
rather than having the courts decide distribution for you. If you own
a house, one of you may want to sell the house, and one may wish to keep
it. In a court proceeding, you could be left with undesirable circumstances
one way or the other, whereas in mediation, you could reach a more detailed
agreement that makes both parties happy. For example, you could accept
more of the debt in exchange for your spouse's share of the house,
including a buyout clause so that the other party will receive payment
and you get to keep the house. This model can be applied to almost any
marital property. Equitable distribution can be a complicated issue, speak
with a Broward County divorce attorney from my firm today to discuss your case.
Division of Property in Divorce
It is important that you consider your options and that you get legal assistance
on your side to work with you when reviewing the decisions in your case.
I have the experience and skill that you need on your side. I have handled
many cases in the past that involve difficult situations regarding property
division and I can put this knowledge to work for you if you choose to
work with me. With more than ten years of experience, I can provide you
with the information, answers, and representation that you need during
Contact a Broward County divorce attorney from
Lindsay A. Feldman, P.A. today for skilled legal assistance.