Trusted and Experienced Equitable Distribution Attorney in Stuart, Florida
Divorce can be incredibly stressful and emotional. And trying to navigate the legal system and endless amount of paperwork can feel like an overwhelming and never-ending battle, especially when trying to figure out who gets what and how much. Working with a qualified and experienced divorce attorney can help make the process a little easier.
The legal team at The Law Offices of Travis R. Walker, PA specialize in various areas of family law, including the following:
- Equitable Distribution
- Child Support
- Parenting Plans
If you and/or your spouse are considering filing for divorce, then contact an experienced divorce attorney in Stuart, Florida for legal advice and help, particularly with equitable distribution.
What is Equitable Distribution?
Finances are always discussed during a divorce for the purposes of the dissipation of assets and liabilities. The dissipation of assets and liabilities is essentially the process of dividing any and all marital assets and liabilities between both parties.
Marital assets and liabilities refer to any debts incurred or assets that were purchased during the marriage. Marital assets can include vehicles, properties, and even cash. In the process of divorce, the State of Florida recognizes marital assets and liabilities, and the Court is required to divide them between each party fairly through the doctrine of equitable distribution.
In many cases, partners assume that equitable distribution is 50/50. However, 50/50 is only a starting point. Equitable distribution is determined and calculated on a case-by-case basis. There are many factors and circumstances that go into determining how marital assets and liabilities are divided.
By filing for divorce, both parties are required to disclose all assets and debts to the Court. In the legal world, we refer to this as “financial disclosure”.
Financial disclosure can include statements and any paperwork related to the following:
- Children (such as medical or daycare expenses)
- Health insurance
- Tax returns
- Any relevant pending claims (such as personal injury, workers’ compensation, or bankruptcy suits/actions)
Financial disclosure is one of the most important elements in a divorce—and also the most overwhelming. Therefore, it’s important for parties to have their financial documents and paperwork in order prior to walking into any courtroom.
By working with an experienced and qualified equitable distribution attorney in Stuart, Florida, you can protect yourself and your assets during a divorce.
How The Law Offices of Travis R. Walker Can Help
At the Law Offices of Travis R. Walker, we understand that every client’s situation is unique. We take great care in handling client cases and consider all circumstances in a case to ensure the best possible legal outcome.
From a simple dissolution of marriage to more complex divorces, our team handles all types of divorce cases, including the following:
- Child support and custody
- Equitable distribution
- Tangible and intangible assets
- Prenuptial agreements
- Postnuptial agreements
- Temporary relief
Through mediation, hearings, and trials, we represent clients diligently and effectively. We work to ensure our client receives their deserved rights and benefits. Contact our legal team today for a free consultation.