How is property divided in a Florida divorce?
Florida is an equitable distribution state which means property is divided fairly but not necessarily equally. Assets must first be categorized as shared or separate. Shared property, also known as marital assets may be divided. While separate property, such as a gift or inheritance that was not combined with marital assets may be kept by that spouse. Much of the decision for what is a marital vs non-marital asset is up to interpretation. Therefore it is important to retain an experienced Miami Florida divorce attorney who can help maximize your share of property that gets divided.