Boynton Beach Equitable Distribution Lawyer
The most basic element of any Florida divorce is dividing up the various assets and liabilities of the parties in a fair manner. When you get divorced in Florida, all of your marital property must be divided equitably with your spouse. Instead of a strict 50/50 split (in which each spouse receives exactly one-half of the property), equitable distribution looks at the financial situation that each spouse will be in after the marriage is terminated.
Given the complexities involved, and in order to make sure you receive and retain all the assets you are entitled to after a divorce, it is important to talk with a knowledgeable family law attorney. At the Law Offices of Brian M. Moskowitz, we have over a decade of experience handling family law matters. In addition to this professional experience, divorce attorney Brian Moskowitz has endured the divorce process himself. He has a passion for family law and won’t let anyone take advantage of you or your situation. He will guide you through the procedure of property distribution while ensuring that your rights are protected.
Contact us today at 561-369-4481 or by filling out our online form to discuss your equitable distribution questions. From our offices in Boynton Beach, Boca Raton and West Palm Beach, we provide family law services to individuals throughout the state of Florida, including the South Florida communities of Boynton Beach, Boca Raton, Delray Beach, Lake Worth, Wellington, West Palm Beach, Palm Beach and all of Palm Beach County.
In a divorce, the court determines what is considered to be marital property and what is considered to be separate property. Any property acquired during the marriage is classified as marital property. Those assets acquired before the marriage are known as separate property and are not subject to the equitable distribution process. In dividing marital property, the court considers a number of factors including:
- Earning power of the spouses;
- Separate property of the spouses;
- One spouse having done all the work to acquire the property;
- The value that one spouse contributed as the home-maker for the family;
- Economic fault of one spouse in wasting and dissipating marital property;
- Duration of the marriage;
- Age and relative health of the spouses;
- The responsibility for providing for children of the marriage; and
- Spousal abuse or marital infidelity.
Property includes everything that you have that could be considered an asset such as your:
- Investment accounts;
- Retirement assets;
- Pensions and annuities;
- Bank accounts;
- Stocks and bonds;
- Businesses; and
- Life insurance cash value.
Going through a divorce is a time when a divorce lawyer's advice is crucial to ensure that you keep all of the property to which you are entitled and that you obtain a fair distribution of those assets that must be divided. If you would like further information about equitable distribution or have questions regarding your individual situation, please contact the equitable distribution attorneys at the Law Offices of Brian M. Moskowitz. We can be reached by phone at 561-369-4481 or by our online form. We do our very best to return your phone call the same day but at a minimum we promise to return your call within 24 hours.