Keeping Your Fair Share In Your Divorce

Going through a divorce can leave you with a lot of uncertainty about what amount of assets you will be able to keep once the dust settles. Understanding how Florida law divides assets while also trying to represent yourself through your divorce to protect your best interests in divorce can result in you leaving money on the table. Instead, let an experienced family law team represent you through your divorce and asset division processes.

At Itzkowitz Law, PLLC, we have extensive experience representing clients through the most challenging divorces. From our Lutz office, we take the time to craft personalized strategies to help our clients pursue the outcome they are looking for in their asset division process. As we represent you, we can help you determine what your asset division priorities are, establish reasonable goals for them, and help through every stage of your divorce while answering your questions and concerns.

How Asset Division Works

The method that courts use to divide marital assets and debts in a divorce can vary from state to state. In Florida, courts use “equitable distribution,” which means that judges will try and divide assets as equally as possible. While the usual goal  is a 50/50 split, some factors can tip the balance one way or another, including:

• Contributions to the marriage by each spouse, including contributions to the care of children and services as homemakers.
• The economic circumstances of the parties.
• The duration of the marriage.
• The interruption of the career or education of either party, and/or the contribution of one spouse to the career or education of the other spouse.
• The desirability of retaining any asset, including an interest in a business, intact and free from any interference by the other spouse.
• Extraordinary contributions of a spouse to the acquisition, enhancement, and production of income, or the incurring of extraordinary liabilities against marital assets and nonmarital assets.
• The need to keep the marital home for the benefit of the children, if economically feasible.
• The intentional dissipation, waste, hiding, or destruction of marital assets after the divorce is filed or within two years before filing for divorce.

We can help present the facts in your case to a judge so they can make informed decisions in your divorce, helping you keep your fair share.

If you and your spouse decide to negotiate your asset and liability division instead, we can advise and advocate for you to help things remain civil while seeking a realistic and reasonable division agreement as well.

Our Team Is Ready To Help

If you want to be sure you are getting the representation you need to keep what belongs to you in your divorce, contact us today. Call 813-461-6600 or email us here to schedule your initial consultation today.