What other factors can affect the division of assets in Florida?

Posted by Antonio G. Jimenez, Esq. | Oct 01, 2023 | 0 Comments

In addition to the factors mentioned earlier, there are several other factors that can influence the division of assets in a divorce case in Florida. These factors include:

1. Child custody and support: The court will consider the needs of the children involved in the divorce, including their financial needs and who will have primary custody. This may impact the division of assets.

2. Marital misconduct: While Florida is a no-fault divorce state, the court may still consider any misconduct by either spouse (such as adultery or wasting marital assets) when determining the distribution of assets.

3. Contributions to marital and non-marital assets: The court will assess the contributions of each spouse to the acquisition, enhancement, and preservation of both marital and non-marital assets. Non-marital assets typically include those acquired prior to the marriage or through inheritance or gifts.

4. Economic circumstances and employability: The court will assess each spouse's economic circumstances, including their income, employability, and future earning capacity. This can influence the division of assets to ensure a fair outcome.

5. Health and age: The physical and emotional health, as well as the age, of each spouse can be considered in determining the division of assets. This may be relevant if one spouse has a disability or health condition that affects their ability to support themselves.

It's important to understand that the division of assets is determined on a case-by-case basis, and the weight given to each factor may vary depending on the specific circumstances involved. Consulting with a family law attorney who is familiar with Florida divorce laws will provide you with personalized advice and guidance regarding the division of your assets.

About the Author

Antonio G. Jimenez, Esq.

Managing Attorney and Founder


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