Okaloosa County Property Division Lawyers
Protecting Your Finances & Your Assets in a Divorce
After you have received divorce papers, or when you and your spouse have
decided to split up, you may wonder about the division of your property.
The thought of losing some of the items you love, have purchased, or have
earned throughout your marriage can be cause for concern. Instead of panicking,
you should be advised to speak with a Okaloosa County divorce attorney who
can provide you with information on the way property is divided in the
state of Florida.
Understanding Community & Exempted Property
There are two main types of property which are considered in the property
division process: community property and non-marital assets. Those items
or assets which you received or acquired before the marriage would not
be considered part of the property which is split up between you and your
spouse. Most other financial assets and property will be divided equally,
depending on whether you are able to have an amicable discussion about
who will get which items.
- For the most part, community property will be split 50/50, including:
- Real estate
- Financial assets
- Savings and retirement funds
- Misc. household items
- Debts and money owed
Equitable Division of Property in FL
Our attorneys at Chesser & Barr, P.A. have more than 35 years of experience
and thoroughly understand the various laws which control the way all marital
assets and debt are divided between spouses in divorce. This not only
allows our Okaloosa County family lawyers to guide you through the property
division process, but provides us with the detailed knowledge to answer
your questions and address your concerns. Our top priority is to work
closely with you to help you reach a solution that meets your needs.
We are available now to speak with you on the phone and to
schedule a consultation in person.
Contact our office today at 850.610.7471 if you would like to set up an appointment.