Division Of Assets, Debts & Property In Florida Divorces
When a marriage ends, the assets and debts of one household must be divided into two. This process can be emotional for many couples, and the guidance of an experienced lawyer is often necessary to make sure that a client’s interests are protected. At the law firm of Ami L. DiLorenzo, P.A., we help our clients throughout central Florida set their emotions aside so that they can make smart decisions about their futures. We act forcefully to ensure that our clients achieve the best possible results.
Florida Law On Property Division
Under Florida law, any assets and debts acquired during a marriage are presumed marital and are divided 50/50. However, this property division can involve many factors, such as excessive credit card debt, student loan debt or the existence of a family-owned business. It may also be affected by other aspects of a divorce, such as an alimony award or the parenting time both parents spend with the children. An experienced lawyer is often needed to make sure things run smoothly. To talk with an Ocala divorce attorney about your situation, contact us online.
Division Of Complex Assets/Debts
Our founding attorney, Ami L. DiLorenzo, is an experienced litigator who has the capacity to handle a broad spectrum of complex assets. When the following classes of assets are involved in a property division controversy, we often work with forensic accountants and appraisers to resolve matters.
This helps us protect our clients’ interests in a wide range of property:
- Pensions and 401(k)s
- Investments
- Family businesses
- Valuable collections
- Jewelry
- Animals, including family pets, livestock and horses
- Art collections
- Boats, jet skis and RVs
- High-end electronics
- Farm equipment
- Home furnishings
Who Gets The House?
When dividing the assets and debts of a marriage, “who gets the house” is often one of the most important questions for couples – especially if there are small children involved. Many people worry that the judge will force them to sell their family home and divide the profits, which can be distressing during tough economic times.
Many of our clients find comfort in the fact that the judge has the discretion to allow children to remain in the house until a time fixed by the court. This may be until the market corrects itself, until the children graduate from high school or until a spouse becomes self-supporting. It is critical, however, to work with an experienced attorney who can help the judge understand your situation so that the court’s orders will be fair to you in your current situation.
Schedule A Consultation
To schedule a consultation with an Ocala divorce lawyer at the law firm of Ami L. DiLorenzo, P.A., call us at 352-580-1141, or contact us online. We place great emphasis on answering email inquiries as quickly as possible.