In Florida, belongings obtained between the date of marital separation and the finalization of a divorce are usually thought-about marital property. This consists of revenue earned throughout this era, in addition to any purchases made with these earnings or different marital funds. As an example, if one partner purchases a automobile after the couple separates however earlier than the divorce is finalized, that automobile is often topic to equitable distribution within the divorce proceedings. Figuring out the date of separation could be advanced and sometimes depends on proof demonstrating the intent of the events to completely terminate the conjugal relationship.
Understanding the remedy of belongings amassed between separation and divorce is essential for each spouses in a dissolving marriage. Equitable distribution, the authorized precept governing property division in Florida, goals for a good and simply allocation of marital belongings and liabilities. A transparent understanding of what constitutes marital property throughout this interim interval helps guarantee a good final result. This precept of equitable distribution developed from historic precedents the place property possession primarily resided with the husband. Trendy authorized frameworks acknowledge the contributions of each spouses in the course of the marriage, even after separation, till the authorized dissolution of the wedding is full.
