Many couples that divorce in Florida are unable to reach an agreement about property division outside of court. If a judge must determine how to divide marital assets between two spouses, the judge does so according to the principle of equitable distribution that is followed in Florida and in the majority of other states. Equitable distribution means that marital property is divided fairly, but not necessarily equally.
Florida residents may be interested in an article detailing some of the ways that a spouse can hide assets in a divorce. The article also touches on how information on these hidden assets can be found.
Divorce proceedings in Florida tend to divide up marital debt between two former spouses. This can include mortgages, credit cards, and car and other personal loans. If student loan debt is incurred during a marriage, the equitable division is somewhat more complicated, especially if payment designations aren't defined in a prenuptial or postnuptial agreement.
Florida pet owners who are filing for divorce may wonder who gets to keep the family pets after a separation. While some people may consider their pets to be members of the family, the law does not agree. In the courtroom, a dog or cat is treated as a piece of property.