Property Division Attorneys in Orlando, FL Ensuring Equity Through Difficult Days
Divorcing couples have a lot of emotions to worry about, and one of the most difficult concerns is property division. It can be deeply emotional to divide up all the assets and properties that have been accrued over a lifetime together.
Our attorneys at the Law Office of Erin Morse can help make this process easier for divorcing couples. Our job is to ensure that both parties are treated fairly and equally throughout divorce proceedings. We will review all financial documents and statements to determine an equitable outcome in terms of asset distribution.
Having an attorney’s know-how ensures no detail goes overlooked or undervalued. Our team can also provide guidance on complex financial issues, such as retirement accounts, investments, and business ownership. An experienced property division attorney at the Law Office of Erin Morse is ready to help; call us today at 407-743-6059 to schedule your initial consultation.
How is Property Divided in a Marriage in Florida?
Marital property is defined as any asset or liability acquired during the course of a marriage, regardless of which spouse purchased or obtained them. Marital property includes but is not limited to real estate, investments, retirement plans, personal property such as furniture and vehicles, bank accounts, and debt. While separate property acquired prior to marriage is typically awarded to the owning spouse by default, separate property acquired during the marriage that has been commingled with marital assets can become difficult to untangle without assistance from a qualified divorce attorney in Orlando.
In order to ensure that both spouses have their fair share of the marital assets when getting divorced in Florida, assets will usually be divided according to “equitable and equal distribution only,” a legal framework intended to provide a fair outcome for both parties involved in a divorce. Factors taken into consideration when dividing assets under equitable distribution may include each spouse’s income level or earning capacity, contributions made by each spouse toward improving or acquiring an asset, length of the marriage, the standard of living established during the marriage, non-economic contributions (such as child care or homemaking), financial obligations accrued before and after separation, and any other relevant factors deemed appropriate by the court.
If you find yourself facing a divorce in Florida, our attorneys at the Law Office of Erin Morse can help you navigate through the complex process of distributing your marital assets.
How Do Prenuptial Agreements Play a Role in Property Division?
When it comes to property division, prenuptial agreements can be incredibly important. These agreements are contractual documents that couples enter into before marriage, and they outline the details of how assets will be divided should the couple divorce in the future. Prenuptial agreements are enforceable in court and can be beneficial for both parties involved, especially when it comes to property and the division of property together.
A properly drafted prenuptial agreement may help protect either party from financial hardship or risk upon the dissolution of the marriage. These types of agreements can also simplify and speed up the process of divorce, as certain matters have already been addressed prior to the legal proceedings.
What If There’s a Disagreement in Who Gets What?
Dividing property during a divorce can often cause a lot of conflict between the couple. In some cases, one spouse may feel entitled to more marital assets than the other. If couples are unable to come to an agreement on how things should be divided, they may need to turn to their legal representatives for help.
If you find yourself in this situation, our property division attorneys, who are highly experienced, can offer you valuable assistance. We can review any relevant documents and assess the situation objectively and may conduct interviews with both parties and collect evidence that could be pertinent to the dispute. We will also ensure that any agreement reached is fair and equitable for both sides based on current laws.
Parties may choose between collaborative law or litigation when it comes to settling disputes over property division. In collaborative law, couples agree to work together with their attorneys in an amicable way toward reaching a fair distribution that works best for them both. On the other hand, if they decide on litigation, they will attend court proceedings and have a judge determine how assets should be split between them.
Ultimately, an attorney experienced in property division matters can provide invaluable guidance throughout this often complex process and ensure that all parties’ rights are respected and upheld under the law.
Why Should I Hire a Property Division Lawyer?
When a marriage breaks down, one of the most stressful parts of the process is dividing up assets and property. Although it may seem like a simple task, couples must be aware of their rights in such cases if they are to ensure that they are receiving everything that they are entitled to. This is where hiring one of our experienced property division lawyers can make a world of difference.
Our attorneys have extensive knowledge of state laws and how the court handles these matters. We understand how critical it is for each spouse to get what is rightfully theirs so that families can start anew with financial security. We work diligently to negotiate settlements fairly and handle matters through litigation if needed.
The attorneys at the Law Office of Erin Morse not only provide guidance throughout this entire process, but we also protect our client’s rights. We handle a wealth of complex paperwork associated with asset splitting, such as titles, deeds, or other documents related to estates. Let us guide you to a favorable outcome. Call our team at 407-743-6059 to schedule your consultation today.