Florida employs equitable distribution, not group property, in dividing belongings throughout divorce proceedings. This implies marital belongings should not mechanically break up 50/50. As a substitute, courts intention for a good, although not essentially equal, division. For instance, if one partner considerably contributed to buying belongings, the courtroom might award them a bigger share. Issues embrace every partner’s contributions to the wedding, financial circumstances, and any dissipation of belongings.
Equitable distribution goals to make sure each events can preserve an inexpensive way of life post-divorce. It acknowledges the varied roles people play inside a wedding, whether or not as main breadwinners or caretakers. Traditionally, the adoption of equitable distribution changed older methods that usually deprived homemakers or lower-earning spouses, thus offering a extra balanced strategy to asset division upon dissolution of marriage.