Equitable Distribution
Florida law requires the division of assets, property, and debts accumulated during a marriage be accomplished through equitable (fair) distribution. Every divorce case that involves real and tangible property (such as a house, retirement accounts, art collection) and debts (such as a mortgage, taxes, credit cards) must be divided between the parties so that each person receives equal value of the net marital estate.
The first step in equitable ditribution is to identify the value of each asset and each debt. We may be required to use a forensic accountant or property appraiser to provide actual values of the assets and liabilities. Once we know the value of the assets and liabilities that you accumulated during your marriage, then we discuss your "wish list" of your preferred assets and liabilities to receive in your divorce (such as receiving the house and the mortgage that is associated with it).
We represent many people in South Florida who own significant assets, including a successful business, highly valued real estate, and valuable collections. Our goal is to allow you to keep those assets and not have to liquidate them to pay attorney's fees and costs of litigation.
Please contact us either online or by telephone at 305.444.3324 to schedule a consultation with us.