In this episode of the Best Florida Family Law Podcast, Attorney Jonathan Jacobs discusses the equitable distribution of marital assets and liabilities in Florida divorce and family law. He explains the legal framework governing asset division during divorce, emphasizing the presumption of equal distribution unless exceptions apply. The conversation covers the definition of marital and non-marital assets, the implications of prenuptial agreements, and the importance of understanding these concepts for anyone facing divorce.
- Equitable distribution in Florida is presumed to be 50-50.
- Marital assets include those acquired during the marriage.
- Non-marital assets are those acquired before marriage or through inheritance.
- Commingling funds can complicate asset division in divorce.
- Prenuptial agreements can protect individual assets from being divided.
- The court must set apart non-marital assets during divorce proceedings.
- Understanding marital liabilities is crucial for equitable distribution.
- Income from non-marital assets can be treated as marital in some cases.
- Legal advice is essential for navigating family law issues.
- Education about family law helps individuals prepare for divorce.
- Navigating Equitable Distribution in Divorce
- Understanding Marital Assets in Florida
Sound Bites
- "The distribution is presumptively equal, 50-50."
- "What we deal with on a daily basis."
- "This is what we work with every day."
Chapters
00:00 Introduction to Equitable Distribution
07:05 Understanding Marital vs Non-Marital Assets
Call Jacobs Law Firm at 407-335-8113 to learn more. This is not legal advice and does not establish an attorney-client relationship. www.jjlawfl.com