Boca Raton Equitable Distribution Attorney
One of the most difficult steps during the dissolution of marriage action is determining which spouse will continue to own specific property. This is a complex area of Florida divorce law which should not be taken lightly, especially those involved in a high net worth divorce with many assets or liabilities. If you are involved in a dissolution of a marriage and need advice regarding your property and assets, call Boca Raton equitable distribution attorney Matthew D. Martin at (561) 406-8555
Do I get half of everything?
Equitable distribution does not necessarily mean equal distribution. Florida courts have the power to unequally distribute property depending on factors listed in Florida law. Some factors supporting unequal distribution include:
- Monetary situation of both parties
- Duration of the marriage
- Contribution of each spouse to the marriage
- Each spouse’s enhancement of marital and nonmartial assets
- Intentional wasting or discarding of marital assets
Boca Raton equitable distribution attorney Matthew D. Martin is ready to competently assist you throughout the equitable distribution process. Contact Boca Raton equitable distribution attorney Matthew D. Martin by scheduling a free consultation by contacting us online or at (561) 406-8555
Can I get a lump sum or payments in lieu of property?
To keep the distribution of property fair for both parties, the court may, to maintain the equitable distribution process, order lump sum money payments or installment payments over a specified amount of time. The court may also order these monetary payments in lieu of the fair division of marital property.
Will the equitable distribution process affect alimony payments?
There is no guarantee that the equitable distribution process will not affect alimony or spousal support payments. Florida Statutes provide that the court may distribute marital assets without regard to alimony payments but does not have to disregard alimony payments.
Free Consultation: (561) 406-8555
During the equitable distribution process, having an aggressive advocate to fight for your rights to property and support is critical to protecting your best interests. Boca Raton equitable distribution attorney Matthew D. Martin is ready to meet with you for a free consultation about your divorce or equitable distribution case. Call Boca Raton equitable distribution attorney Matthew D. Martin today at (561) 406-8555