How are marital assets and liabilities distributed upon a dissolution of marriage in Florida?
Florida is an “equitable distribution” state. Generally, marital assets and liabilities are equally distributed. However, there may be a justification for an unequal distribution. Relevant factors that are considered may include but are not limited to the following: a. Each party’s contribution to the marriage. b. The relative economic circumstances of the parties. c. The duration of the marriage. d. Any interruption of the personal career or educational opportunities of either party. e. The contribution by one party to the personal career or educational opportunities of the other party. f. The desirability of having one party retain a particular asset, such as a business, free from interference by the other party. g. The contribution of each party to the acquisition, enhancement, and production of income, assets, or liabilities. h. The desirability of retaining the marital home as a residence for any dependent child, or for one of the parties when it would be equitable and financially
Related Questions
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- How are marital assets and liabilities distributed upon a dissolution of marriage in Florida?
