There are probably more people in Florida who have heard divorce horror stories than there are those who have heard of divorce cases that go smoothly. However, as long as the divorcing couple is able to focus on the issues that need to be addressed — while keeping their emotions in check — a divorce case does not need to be a knockdown, dragged out fight in court. But, when it comes to issues, like property division, many people get entrenched in their ideas.
When it comes to the equitable division of marital property, the divorce case can get complicated due to the subjectivity of the issue. What is “equitable?” The answer may be different, depending on the person who is asked.
Every divorce case comes with a different set of facts. Each couple has a different amount of assets at issue, varying among bank accounts, investment accounts, retirement accounts, real estate and valuable items of personal property, among other things. When it comes to evaluating the full extent of assets and debts that are part of the property division process, a comprehensive approach is best.
A comprehensive approach to property division will allow the divorcing couple to get a full picture of where they stand financial and, then, attempt to reach a compromise on what is “equitable.” At our law firm, we fight to make sure our clients know their options. For more information about how we attempt to help Florida residents who are facing property division issues, please visit our website.