Property Division

Orlando Divorce Lawyers

Property division is an important issue to address in an uncontested divorce or contested divorce. If you and your spouse can come to an agreement about this issue outside of the courtroom, you will have more freedom in determining who gets what property, assets and even debts. If your divorce is highly complicated, and you and your spouse cannot come to an agreement about property division, this will need to be addressed in court.

The attorneys at Katz & Phillips, P.A. are experienced in helping our clients deal with legal matters involving the division of property in either contested or uncontested divorces. We take on cases throughout Orlando and the surrounding areas in Florida and offer a free initial case evaluation with a skilled lawyer to help you get started.

An Orlando divorce attorney can protect your assets and your financial stability during a contested divorce in court or during negotiations in an uncontested divorce. Either way, this service will be invaluable through the entire divorce process.

Determining Property Division in Florida

When the court determines property division in an Orlando, Florida divorce, it will first establish what is considered to be marital or non-marital property. Marital property may include assets and liabilities that were acquired during the marriage, by either party or by both. Gifts between spouses and any enhancement in value of property during the marriage will also count. Non-marital property may include assets and liabilities that either party acquired prior to the marriage, gifts, inheritance, and in certain circumstances income derived from non-marital assets during the marriage.

Following the designation of marital and non-marital property and assets, the court will then make a determination of how to distribute property and liabilities. While the court will most often try to make this equal, the final decision may be influenced by the length of the marriage, the economic circumstances of each spouse, the contribution of each spouse to the marriage and children from the responsibility of a homemaker, and much more.

Property division may be a highly complex issue that can affect you for many years in the future. Contact an Orlando divorce lawyer at our firm today to learn more about your rights and options in this regard.