Couples who are pursuing a divorce in Fort Myers may naturally have concerns about what possessions and finances they will have once their dissolution is finalized and they move forward into their newly-single lives. After all, many of their marital assets may have a great deal of financial or sentimental value, especially if a couple had been married a long time. It is important that the property division process is fair to both spouses, so they can walk away from the marriage on even footing.
In Florida, marital assets are divided equitably. However, each party must be completely open and honest about all their marital assets and debts, along with any premarital assets that may have commingled with marital assets and thus became part of the marital estate. It may be tempting to try to hide assets in a divorce, to keep them for yourself. However, not only is this unlawful, but it is most likely that these efforts will fail, especially when attorneys have experience working with experts such as forensic accountants.
In Florida, many times a couple must try to mediate their divorce legal issues before they can have their hearing in court. This can be useful, as it gives couples more control over the outcome of the property division process. Property division does not have to be a contentious process if couples are willing to reach a resolution out of court.
At our firm, we understand how important property division is to our clients. While we encourage mediation, if out-of-court negotiations fail, we are ready to represent our clients in court when necessary. Our firm’s webpage on equitable distribution may be a good starting point for those who want to learn more about this topic.