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Property & Asset Division in Pembroke Pines

Decades Spent Helping Our Clients Preserve Their Interests

The first step in determining how assets and liabilities are to be distributed between the parties is to locate and identify the assets of the marriage. Property division can be a very complex issue, especially if you own a business or other significant assets. When emotions surround the negotiation process, it can be difficult for couples to cooperate. Hiring an experienced Pembroke Pines family attorney can make a substantial difference in the outcome of how property and assets are divided. Call the Law Office of Jerome P. Ventura to learn more.

Get help with property and asset division during a divorce. Call the Law Office of Jerome P. Ventura by dialing (954) 280-6119 today.

Dividing Assets in Florida

A determination needs to be made as to which assets are marital and which assets are nonmarital. Marital assets are those which are part of the marital estate and are accumulated from the date of your marriage until the date of separation.

Marital assets usually include:

  • Savings and investments
  • Businesses
  • Real estate
  • Retirement benefits

Nonmarital assets generally include those assets you had prior to marriage and were not co-mingled and any passive appreciation of those assets, as well as gifts and inheritances received after marriage. They fall outside the marital estate.

Gray Areas of Asset Division

While the rules determining marital and nonmarital assets may seem straightforward, there can be many gray areas where a lawyer's advice is vital regarding property division.

There are some confusing property division laws, such as:

  • If you co-mingled nonmarital and marital assets, then those assets could be considered marital. Co-mingling is putting both names on property, putting money into a joint bank account or putting a title in both names.
  • One party may have unequal distribution in marital property. For example, if you used separate property to make a down payment on a house, then you would be entitled to receive that equity back before the asset is divided.
  • If you actively traded stocks owned prior to marriage, then the appreciation may be considered marital property.

Get Help from an Experienced Family Law Attorney

If property division issues are keeping you up at night, the Law Offices of Jerome P. Ventura may be able to provide you with answers. Our Pembroke Pines founding lawyer, Jerome Ventura, is highly experienced in identifying marital assets and helping clients understand how family law courts in Florida have treated those assets in other divorces.

For an initial limited consultation at no charge, call (954) 280-6119or complete the contact form. We have evening appointments available.

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