What Property is Considered Marital in Florida?
Posted on Oct 12, 2010 8:00am PDT
The state of Florida follows the laws of
equitable distribution during divorce and legal separation proceedings. Under equitable distribution,
property is either considered separate or marital. The court deems the
following marital property when distributing assets:
- Assets acquired by one or both spouses during the length of the marriage.
- Gifts given by one or both spouses during the marriage.
- Tested and non-vested benefits or funds occurred throughout the marriage
in pension, retirement, insurance and annuity programs.
- Debt and expenditures accrued throughout the duration of the marriage.
Property may include, but is not limited to: homes, vacation homes, vehicles,
furniture, jewelry, savings accounts, boats, etc.
Do you have questions about equitable distribution laws in the state of Florida?
Contact Hutchinson Law today to speak with a
Jacksonville family law attorney. A lawyer from our team will take the time to listen to your questions
and provide you with guidance and reliable answers.