Bradenton Divorce Mediation Attorney
An important part of many divorces is the division of property, assets and debts that the spouses have accumulated. Under Florida law, the principle of equitable distribution applies, meaning that property is divided according to specific criteria, rather than simply being split in half.
In some situations, such as those involving cooperative divorce, collaborative divorce and divorce mediation, the two parties are able to reach agreement on how to distribute their assets without having to go to court and let a judge decide. This type of settlement is very advantageous for many divorcing couples because it is less expensive and less stressful for everyone. Whenever possible, our attorneys can help you forge a property settlement agreement that will be smoother and more cost effective than traditional divorce litigation and property division.
Categorizing and Distributing Property and Debt
At The Collins Law Group, we can help you explore, categorize and distribute your assets and debts in a way that will preserve as much value for you as possible. This will involve determining what property and assets were acquired before the marriage, what was inherited by you personally and what was acquired jointly with your spouse. With the help of other professionals, when needed, we can valuate and assess:
- Homes, investment properties and other real estate
- Retirement accounts and pensions
- Business interests and family businesses
- Cash and liquid assets
- Personal possessions like jewelry, art and furniture
In the same way, we can facilitate the equitable distribution of unsecured debts, such as credit card and loan debt, mortgage balances, business debts and other liabilities. When appropriate, we can help with bankruptcy filings that will alleviate the burden of excessive debt.
Contact a Sarasota Property Settlement Attorney
Our attorneys can help you deal with the challenges of the division of property and make sure your assets and debts are distributed fairly. Whether your assets are complex or they seem simple, we can represent you in Florida divorce proceedings and help you arrive at the best possible property settlement arrangements. Contact us to discuss your situation with an experienced lawyer.