Dividing Marital Assets In Florida Divorces
Asset division can be one of the most contentious aspects of divorce, particularly with high-value marital estates. At the Law Office of Troy W. Klein, P.A., I can help you address marital asset division from a strategic place of strength.
I’m Troy Klein, the firm’s founder and a West Palm Beach family law attorney with more than 20 years of experience. I have devoted my career to the field of family law in all of its nuances. I am board-certified in marital and family law through The Florida Bar, a distinction not many attorneys hold.
Understanding Asset Division In Divorce
When it comes to dividing assets in divorce, Florida follows an equitable property division standard. That means a judge will ultimately weigh the circumstances to arrive at a distribution that is fair and just. Often, though not always, that division is roughly equal.
Complexities come into play with circumstances like:
- One spouse stayed at home to raise children.
- One spouse has significant nonmarital assets (separate property) that they acquired before the marriage or during the marriage through gifts or inheritance.
- The parties have a family business.
- One spouse has been hiding or dissipating assets.
Additionally, property division becomes more complicated with high-value assets such as:
- Real estate
- Business interests
- Investment accounts
- 401(k)s and other retirement accounts
Having an experienced, knowledgeable attorney on your side is essential for protecting your property interests in divorce.
Learn How I Can Help Protect Your Property Interests
I can help you navigate all aspects of divorce, including property division, in a manner that safeguards your interests and helps you build the post-divorce life of your dreams. To learn more, contact my office in West Palm Beach through a quick online contact form or by phone at 561-823-0650.