When a marriage ends and spouses have to divide their property, they are usually advised to come to a settlement before the divorce court date. In the event that a couple cannot reach terms on a settlement, the divorce court will equitably distribute property between the spouses.
Equitable distribution means that both spouses get their fair share of property as the court sees it. If you and your spouse are headed toward divorce, contact the Fort Lauderdale divorce lawyers of Eric N. Klein & Associates, P.A., at 954-580-8080 today for a free case evaluation.
How Equitable Distribution Works
Instead of splitting property between spouses 50-50, equitable distribution states such as Florida look at several factors in a marriage to determine how much of the marital property each spouse deserves. These factors may include:
- Length of the marriage
- Each spouse’s income
- Childcare considerations
- Age of spouses
- Any allegations of spousal abuse or adultery
Taking these factors into consideration, the court will split the married couple’s joint property in the way it sees as most fair. For example, this may mean that one spouse receives 80 percent of the property, or it may mean that the property is evenly split among the parties.
It is difficult to predict the outcome of equitable distribution, so individuals are advised to work toward a settlement without the court’s help for more control over the distribution of assets.
The Fort Lauderdale divorce attorneys of Eric N. Klein & Associates, P.A., may be able to help you reach a settlement with your spouse before your court date. For more information, contact us today at 954-580-8080.