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Dividing marital property is part of nearly every divorce. But when significant or complex assets are involved, the process becomes more demanding, more time-consuming, and higher stakes for both parties. The decisions made during property division can affect your financial security for years after the case is closed.
At Fairway Law Group, we dig into the details, work with the right financial experts, and fight for an equitable result that reflects what you’ve actually built.
When significant assets are involved, property division raises questions that a standard divorce doesn’t. A few of the most common complications:
These cases require attorneys who know how to navigate the financial complexity and work with the right professionals to build a complete picture of what’s there.
Florida only requires divorcing spouses to divide their marital property. Separate assets are not subject to division, though they can influence how marital assets are split. Before division begins, both spouses must identify and value all assets and determine which are marital and which are separate.
Marital property generally includes everything acquired during the marriage, with some exceptions such as gifts and inheritance given to one spouse. Once marital assets are identified, they can be divided.
When spouses are willing to negotiate, they can reach a property settlement outside of court. For couples with complex assets, this is often the better path. You have more control over the outcome and aren’t bound strictly by state distribution laws. This is especially valuable when a business is involved and both parties want a say in what happens to it.
If the agreement isn’t unconscionable to either spouse, the court will approve it. Your attorney can help you reach a fair agreement that protects your interests and is likely to get court approval.
When couples can’t reach an agreement outside of court, the court divides marital assets under Florida’s equitable distribution laws. The court starts by assuming each spouse has an equal claim to marital assets, then adjusts based on specific factors:
The court has broad discretion in making these determinations. Your attorney’s job is to make sure the factors that favor you are clearly presented.
Some assets require financial professionals or specialized appraisers to determine their fair market value. Common examples include:
Getting the valuation right matters. An incorrect or incomplete valuation can significantly affect the outcome of your case.
If a business is marital property, both spouses have a claim to its value. Even businesses started before the marriage can have a marital component if marital assets were used to build it or a spouse contributed to its growth. Determining what’s marital and what isn’t requires careful financial analysis.
Options for handling a business in divorce include a competitive salary arrangement, co-ownership, a buyout, or a sale with the profits divided. The right solution depends on your specific situation and is best worked out with your attorney before the court gets involved.
In high asset divorces, it’s not uncommon for one spouse to attempt to hide or undervalue assets to influence the outcome. If you suspect this is happening, tell your attorney immediately. The formal discovery process, combined with the right financial experts, can uncover what’s there.
Complex property division cases require preparation, expertise, and attention to detail. Schedule a free 30-minute case evaluation with a family law attorney and walk away with a clear understanding of what your case involves, what’s at stake, and what to expect.
Brian and Matthew are amazing attorneys. They handled a sensitive legal matter for me. Call them if you need a lawyer you can trust.
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