Since Florida divorce law calls for equitable distribution of marital property, it is important to understand what marital property is. Couples who keep their finances separate throughout the marriage and those who have been separated from their spouse for a long time often believe that they have no marital assets to divide during a Florida divorce.
You may be surprised to find out that you DO have marital assets. It doesn't matter whose name is on the account or the title or the deed. Money or property that you get after the wedding and before the divorce petition is filed is marital in Florida. While there are some exceptions, if it was bought during the marriage – even after separation – it is likely to be a marital asset.
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