Fort Lauderdale Equitable Distribution Attorney

When you’re getting a divorce, an important aspect of the process is fairly dividing all of the property that you and your spouse own together. You may co-own a lot of things, and it’s important that each spouse gets what is due to him or her. However, “fair” does not mean “equal.” It is not simply a matter of splitting everything fifty-fifty. That is why it’s important to have an experienced Fort Lauderdale Equitable Distribution Lawyer on your side.

Types of Property

Some examples of assets, obligations, and property that you and your spouse may need to divide are:

  • Real estate
  • Debt obligations
  • Vehicles
  • Valuables and antiques

Separate Property vs. Marital Property

Separate property refers to all property purchased or acquired before the marriage began or after it ended. Courts catalog and take into account the separate property of each spouse because it may have an effect on the distribution of marital property.

Marital property refers to all the assets purchased or acquired jointly during the marriage. This is the property which will be fairly divided by the court. Even if one spouse bought something during the marriage and did not receive assistance from the other spouse, he or she will have to prove that it was done in a separate manner with resources that were not shared.

How is Fair Distribution Determined?

There are a number of factors that determine and affect the distribution of assets after a divorce, including:

  • The length of the marriage
  • The income of each person
  • The standard of living during the marriage
  • The age and health of each person
  • Tax consequences to each person
  • The income and property brought to the marriage by each person
  • The value of the marital property

Fort Lauderdale Equitable Distribution Attorney

If you’re living in Broward County and you need an equitable distribution lawyer, don’t hesitate to call the Law Offices of Karen D. Faulkner. She can represent you efficiently and professionally, and will make sure you receive what you rightfully own and deserve.

Call us today at 954-772-3666 or email us at kdfaulknerlaw@gmail.com to schedule a confidential appointment!

The Law Office of Karen D. Faulkner, P.A. | 2801 N. University Drive, Suite 203, Coral Springs, FL 33065 | Phone: 954-772-3666
Our Office Hours: | Monday through Friday | 9:00 a.m. to 5:00 p.m.