If you are preparing to divorce in Florida, you will necessarily go through the division of your marital property. In Florida, assets are deemed as either marital or nonmarital property. Marital property will be divided equitably between spouses, while separate property will remain the property of the spouse who brought it into the marriage.
Although property division may sound as if it will be a simple undertaking, it can be complex in the event your estate is large, you or your spouse is a business owner or your spouse is attempting to hide assets. If you divorce is a contentious one, your spouse may be trying to hide assets in order to try to keep you from receiving your rightful share or may be claiming that marital property is his or her separate property.
It will be important for you to locate all assets and income sources, as well as to understand the value of the assets held by both you and your spouse. You may need to employ the services of a business valuation expert, a real estate appraiser or an estate appraiser. An investigator and forensic accountant may also be needed in the event your spouse is hiding assets.
At our law firm, we routinely utilize the help of any number of experts in order to make certain that our clients’ rights are protected in divorce property division. We have experience in uncovering assets that a spouse is attempting to hide, while also making certain that all income sources are taken into account. Because we understand the complexities inherent with property division, we have put together additional information on our property division page should you have further questions on the services that we can provide.