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Home > Practice Areas > Divorce > Division of Marital Assets

Division of Marital Assets in Tampa

Skilled Tampa divorce attorneys helping you with the equitable division of your property

Getting divorced is difficult, but it should not lead to a financial crisis. At Baccarella & Baccarella, P.A., our attorneys help establish a fair and equitable award of spousal support and division of marital assets in Tampa, allowing you to continue living as comfortably as before your marriage ended.

Negotiating marital property settlement agreements

Whenever possible, the attorneys of Baccarella & Baccarella believe that formers spouses should negotiate a marital settlement agreement for the distribution of their property to avoid having the court decide how their property should be divided between them. This can be done through collaborative divorce or through mediation, which gives both spouses greater control over the final property division. If the parties cannot agree, the Florida court steps in to divide property and liabilities.

Equitable division of property in Florida

When dividing your property, the court first sets aside the assets and liabilities of each spouse that are categorized as nonmarital. In general, nonmarital assets are those accrued before marriage, while marital assets are accrued during marriage, with some exceptions. Characterizing assets as marital or nonmarital is not always straightforward, so it is important to have an experienced attorney to help protect your interests during your divorce. All types of marital assets may be divided:

  • Family home
  • Real estate
  • Stocks and bonds
  • Retirement plans and pensions
  • Savings and cash
  • Business ownership
  • Other benefits

If you are involved in a military divorce, there are additional benefits and issues of division that must be considered.

Equitable division of property in Florida

When the court divides your marital property, it does so based on what it considers to be equitable considering several factors:

  • Spouse’s contributions to the marriage
  • Economic circumstances
  • Duration of the marriage
  • Interruptions in careers or educational opportunities
  • Contributions of each spouse to the careers or education of the other spouse
  • Need for a spouse to retain an asset, such as a business, without interference
  • Contributions to improvements of marital or nonmarital assets
  • Whether it is in the best interest of minor children for either spouse to retain the family home
  • Intentional waste, destruction or depletion of marital assets
  • Any other factors

Spousal support in Tampa

Our attorneys assist in negotiating spousal support arrangements, also known as alimony, or seek orders for temporary or permanent support in court. When the court awards spousal support, it takes into consideration several factors, including the spouse’s ages, his or her standard of living and the duration of the marriage, as well as any awards of property or assets. To learn more about spousal support in Florida, please see our Frequently Asked Questions.

Helping you obtain the assets you deserve

At Baccarella & Baccarella, we are dedicated to getting you the assets and support you need and deserve. To learn more about property division in Florida or our other divorce practice areas, call us today at 813-254-8998 or contact us online to schedule a free confidential consultation.

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Baccarella & Baccarella, P.A is located in Tampa, FL and serves clients in and around Tampa, Saint Petersburg, Clearwater, Oldsmar, Valrico, Hillsborough County and Pinellas County.

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