Asset Division in Florida Divorces
Contact a Family Law Attorney With Extensive Experience
The goal of equitable distribution of assets in a Florida divorce is not always straightforward. Even when spouses believe that they agree how property should be divided, there are often assets that are overlooked or hidden or are too complicated for anyone but a professional to be able to accurately value such as business ownership or multiple retirement accounts.
Every divorce involves equitable distribution of both property and debts. Most people who contact our firm at the Daytona Beach law office of Revis and Blackburn are primarily concerned about the following:
- Ownership of the marital home — in today's real estate market, sometimes this is viewed as a liability more than an asset.
- Ownership of other real estate such as vacation homes, investment property and commercial real estate.
- Retirement funds including 401(k) savings accounts, pensions and IRAs. (Division of such funds typically requires Qualified Domestic Relation Orders or QDROs.)
- Survivorship benefits associated with pensions and life insurance benefits.
- Debts, including credit cards, auto loans, home improvement loans and business loans and mortgages.
Our firm has extensive experience representing spouses from all walks of life in divorce and associated family law issues including equitable distribution of marital property, child custody, child support and spousal support. We understand the need to minimize legal expenses and maximize assets to be retained by family members. To this end, we help our clients prioritize, to allow for a greater focus on those things that matter the most in equitable distribution calculations and negotiations.
Revis and Blackburn has developed a reputation as one of the prominent family law firms in the East Central Florida area. Contact an experienced lawyer with all aspects of your divorce such as property distribution, which sometimes entails complex asset division.