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 earnings earned throughout this era, in addition to any purchases made with these earnings or different marital funds. For example, if one partner purchases a car after the couple separates however earlier than the divorce is finalized, that car is usually topic to equitable distribution within the divorce proceedings. Figuring out the date of separation will be advanced and infrequently depends on proof demonstrating the intent of the events to completely terminate the conjugal relationship.
Understanding the therapy of belongings collected 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 advanced from historic precedents the place property possession primarily resided with the husband. Fashionable authorized frameworks acknowledge the contributions of each spouses throughout the marriage, even after separation, till the authorized dissolution of the wedding is full.
