In Florida, property and monetary assets must be divided equitably during a divorce. This also includes individual or joint bank accounts. In order to ensure your money is properly accounted and handled for in a court of law, speak with a certified divorce attorney for men who can guide you through this process.
A divorce court judge will look at money in both individual and joint accounts when determining things like alimony and child support payments. Florida will divide property into marital and separate property when examining assets. In this case, the property can mean anything from physical property to monetary assets like bank accounts.
Joint property, or marital property, can be divided by the court during your divorce proceedings. Individual bank accounts are often not divisible by the court but could play into account when determining payments to a spouse.
Dividing property during a divorce can become complicated and often requires a divorce attorney for men who can advocate on your behalf. For example, if you received an inheritance it would be considered separate property, but then if you deposit the inheritance into a shared bank account, that then becomes shared between spouses.
In Florida, you may be required to show that the property started off as yours individually, and therefore should be exempt from division during the separation. Since Florida is an equitable distribution state. This means that the court will follow these four steps:
1. The court identifies all marital and nonmarital property.
2. The court determines if the property is either marital or nonmarital property. Nonmarital property is set aside and marital property is lumped together. The court uses the date of marriage and the date the parties enter into a valid separation agreement or the date of filing a petition for dissolution of marriage to determine the dates used for classifying the property as marital or nonmarital.
3. The court determines the values of the marital property.
4. The court will disperse the marital property.
If you are going through a divorce and need the assistance of a divorce attorney for men, contact the law offices of In Law We Trust to guide you through the process.


