Jacksonville, Florida, Marital Property and Debt Division Attorney
The Law Office of Douglas A. Oberdorfer, P.A. in Jacksonville, Florida, can help you with the division of marital assets and debt. Florida is an "equitable distribution" state, which means that marital property will be divided in a fair, but not necessarily equal manner. As your divorce attorney, I will utilize my knowledge of the laws governing equitable distribution to ensure that all assets and debts are divided fairly.
Equal Debt and Property Division
I ensure that marital and non-marital assets and debts are categorized appropriately. Marital property is property that is acquired during the marriage, and it is subject to distribution. I will examine all of the assets acquired from the first day of your marriage to the day of the divorce filing. The Law Offices of Douglas A. Oberdorfer P.A. will strive for both parties in the legal matter to secure the assets they need and truly belong to them.
Factors in Debt and Property Division
All possessions, including bank and retirement accounts, are reviewed and divided equally. To ensure an accurate calculation of everything, I use a spreadsheet to divide up the assets and debt. In addition, you should be aware that if a spouse who stayed at home did not generate formal earnings, there is still value in that job and a recognition of the significant contributions involved.
A Marital Home's Value in Property Division
Determining the ownership of the marital home is vital and it can be a complex task. I have extensive experience in determining a home’s value for a property division. Whoever keeps the home should get it for a fair value, accounting for passive appreciation (market conditions) versus active appreciation (money spent to improve the house).
For more information on debt and property division, or to schedule an appointment with a lawyer, please contact me.
