Philpott Law
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DeLand: (386) 873-2884
Daytona: (386) 236-9490
In Your Defense and By Your Side
In Your Defense and By Your Side

How a Local Divorce Attorney Can Help Protect Your Marital Assets – Orange City, FL

Contemplating a divorce is one of life’s most difficult decisions and it can be very stressful. However, there are important decisions that will need to be made that can have an impact on your future. So, if you live in Orange City and are thinking about divorce, it is imperative you consult with a Florida divorce lawyer as early as possible.

Philpott Law is an experienced, considerate and understanding divorce attorney who has helped spouses in Orange City, FL and neighboring communities seek an equitable distribution of assets through the dissolution of their marriage.

One area of contention that often arises is regarding the disposition of marital assets and a misunderstanding of what the law considers non-marital assets. Sometimes a spouse may try to hide certain assets, which is not a good idea. A divorce attorney can help not only protect the integrity of your marital assets, but also ensure you receive a fair and equitable divorce settlement.

Marital Assets

Under Florida law, most assets that are acquired or purchased during the marriage will be considered marital property irrespective of who actually made the purchase or signed the agreement. If a car or house, for example, is purchased by either spouse during the marriage, it is considered marital property under the law. While your divorce attorney will make the case for his or her spousal client for keeping certain marital assets the court will ultimately make the final decision.

Non-Marital Assets

Generally speaking, assets or income that a spouse acquired or earned prior to marriage will be considered a non-marital asset and will not be subject to divorce proceedings. However, there are some exceptions such as certain gifts or inheritances from a relative which may also be considered non-marital property even though it was acquired during the marriage. Because there are always exceptions to the rule, the importance of choosing an experienced divorce attorney is clear.

If you are contemplating divorce in Orange City, FL, contact us today at 386-873-2884 for a free consultation with an experienced divorce lawyer.