Property Division Attorney in Jacksonville

When it comes to a divorce, property division can be a complex and emotionally charged issue. At Zisser Family Law, our experienced property division attorney can help you navigate this process to ensure that your rights and interests are protected.

Call Zisser Frazier Family Law today at (904) 395-2044 or contact us online to schedule a consultation with our property division attorney in Jacksonville.

What is Property Division?

Property division is considered the legal process of distributing assets and debts between partners during a divorce. In Florida, this process involves determining what qualifies as marital property versus separate property. Marital property generally includes assets and liabilities acquired during the marriage, while separate property consists of assets owned before the marriage or received through inheritance or gifts. Property division is a crucial aspect of divorce proceedings as it has long-term financial consequences for both parties.

The goal of property division in Florida is fairness, which doesn’t always mean splitting everything down the middle. It requires a careful evaluation of the financial circumstances of both parties, taking into account aspects like income, contributions to the marriage, and the needs of each spouse moving forward.

How is Property Divided in Florida?

Florida follows the principle of "equitable distribution" in dividing marital property. Unlike community property states, where assets are split 50/50, equitable distribution means the court strives for a fair but not necessarily equal division. The court evaluates various factors to decide how property should be allocated, including:

• Duration of the marriage: Longer marriages often result in more equal divisions of property, while shorter marriages may lead to a more varied distribution.
• Contributions to the marriage: This includes financial contributions, but also non-financial contributions such as homemaking, raising children, or supporting a spouse’s career or education.
• Economic circumstances: The financial situation of each spouse is considered, including income, earning capacity, and liabilities.
• Desirability of retaining certain assets: The court will look at whether one spouse should retain particular assets, such as the family home, especially if it is in the best interest of the children.
• Dissipation of marital assets: If one spouse has wasted or misused marital assets, the court may take that into account in the division process.
• Marital vs. Non-Marital Property: A critical part of property division is distinguishing between marital and non-marital property. Marital property is generally any asset or liability acquired by either spouse during the marriage, such as earnings, retirement accounts, or real estate purchased after the wedding. Non-marital property includes assets each spouse owned prior to the marriage, inheritances, and gifts received by one spouse alone.

How Our Property Division Attorney Can Help You

As a Jacksonville property division lawyer, we understand the unique laws and regulations surrounding property division in Florida. We will work closely with you to understand your specific circumstances, including the assets and debts involved, and develop a strategy to achieve the best possible outcome.

Our Jacksonville property division attorney is dedicated to helping our clients achieve a fair and equitable distribution of property. We will advocate for your interests and work to negotiate a settlement that meets your needs.