Florida Divorce With House
Description
How to fill out Florida Divorce Worksheet And Law Summary For Contested Or Uncontested Case Of Over 25 Pages - Ideal Client Interview Form?
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FAQ
Florida operates under the laws of ?equitable distribution,? which essentially means property acquired during the marriage belongs to the spouse who earned it, and during a divorce all assets and liabilities are to be divided between the spouses in a fair and equitable manner.
Florida is an equitable distribution state; therefore, all common property that the two parties possessed during the marriage must be divided ?equally? in the divorce.
Pre-Marital Assets. Assets acquired by either of the spouses before they were married are not subject to distribution. Assets Acquired by Inheritance or Gift (Noninterspousal). If you inherit assets from 3rd parties, or your family, the assets are not subject to distribution by the court.
In most cases, property obtained during the marriage will be considered marital property. Only marital property will be divided between the two spouses, while nonmarital property will be kept by whichever spouse is considered the owner.
The General Property Rule So, if you and your spouse purchased the house together during the marriage, then it is treated like any other asset and is divided equally.