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Is Property Divided Equally in a Divorce?

A divorce is a complicated event. It ends a marriage, which is never easy to do. Even if you have only been married for a few years, you still need to deal with the various elements, including property division.

Property division laws vary from state to state. Florida recognizes equitable distribution laws. Equitable means fair but not necessarily equal. Florida is not a community property state, but the parties could still split marital assets 50/50. But it could be some other split as well, such as 60/40 or 70/30.

Also, only marital assets are split in a divorce. This refers to assets acquired during the marriage. There are a couple of exceptions, though, such as inheritances, gifts to one spouse, and anything outlined in a prenuptial agreement. Anything that the spouses had before marriage is considered nonmarital or separate assets and is not split in a divorce.

How is Property Split?

Property division in a Florida divorce is based on the following factors:

Contact Our West Palm Beach Divorce Lawyer Today

Property is divided fairly and equitably in a Florida divorce. Depending on the circumstances, it may be an equal split, but Florida is not a community property state, so the division could vary.

Learn more from West Palm Beach divorce attorney Brian K. McMahon, P.A. We understand that divorce can involve tough situations, such as property division. Schedule a consultation today by calling (561) 658-1789 or filling out the online form. We serve the West Palm Beach, Boca Raton, Port St. Lucie, and South Florida areas.