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In Florida, property held by both parties is considered marital, notwithstanding when the property was acquired. In order to prove a property is separate, a qualified Fort Lauderdale property division attorney must present clear and convincing evidence in court. If you have questions about how property division process works in Florida, give Law Offices of Gustavo E. Frances a call today.

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what s your is yours what s your is yours

What’s your is Yours -

What’s your is Yours -

Dividing Property during

Dividing Property during

Divorce Fairly

Divorce Fairly

while all states have different rules about

While all states have different

rules about property division,

Florida involves an equitable

division of your assets. It all

comes down to one thing,

property division should be fair,

no matter how much you

dislike your former spouse.

2 2

some aspects include when dividing some aspects

Some Aspects Include When Dividing

Some Aspects Include When Dividing

Property

Property

How long you have been married for?

Your financial situation

Educational opportunities

Financial contributions to the marriage

Contributions to acquiring or improving marital assets

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some assets are difficult to divide some assets

Some Assets are Difficult to Divide

Some Assets are Difficult to Divide

Some assets are more difficult to divide than others. For instance,

when a spouse starts a business during the course of the

marriage, it generally becomes a marital asset. However, in most

cases, the operating spouse stays with the business. A marital

home, on the other hand, can’t be divided yet it can be sold and

divided. Courts will also consider how these decisions can affect

school-age children.

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marital versus non marital property marital

Marital versus non-marital property

Marital versus non-marital property

There is always the possibility of converting the non-marital

property into marital property. This is possible through title

transfer. In Florida, property held by both parties is considered

marital, notwithstanding when the property was acquired. In order

to prove a property is separate, a qualified Fort Lauderdale

property division attorney must present clear and convincing

evidence in court.

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assessing and dividing assessing and dividing

Assessing and dividing

Assessing and dividing

Couples who get along may continue owning property together.

For instance, some divorcees may want to keep the family home

so the children have a stable place to live or wait until the

property increases in value. There are also debts accrued during

marriage such as credit card debts, car loans, and mortgages.

These can be difficult to figure out on your own if you don’t hire

expert advice.

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some tax considerations some tax considerations

Some tax considerations

Some tax considerations

There shouldn’t be any tax issues on your next tax return since

there are no federal tax complications regarding property transfer

during divorce. However, transfers should be done in a timely

manner, and it should be related to the dissolution of marriage in

order to avoid tax consequences.

7 7

law offices of gustavo e frances law offices

Law Offices of Gustavo E. Frances

Law Offices of Gustavo E. Frances

200 SE 6th St #402,

Fort Lauderdale,

FL 33301

1-866-435-4172

https://www.lauderdaledefense.com/Contact.shtml

thanks thanks any questions you can call

Thanks!

Thanks!

Any questions?

You can call at 1-866-435-4172

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