Property & debt in a Florida divorce

Equitable distribution

A fair-looking split on paper may carry very different financial consequences. Understand what is owned, what is owed, and what each asset actually represents.

Fort Lauderdale office · Broward, Miami-Dade & Palm Beach

  1. What is owned
  2. What is owed
  3. How it transfers
Understand the issues

Identify. Value. Carry out the division.

01

Identify and classify

Florida distinguishes marital from nonmarital assets and liabilities. The name on an account or deed does not, by itself, answer every classification question.

02

Understand value and obligations

A home, business interest, retirement account, and cash balance are not interchangeable. Valuation, debt, transfer requirements, and potential tax questions deserve separate attention.

03

Think through the transfer

A proposed agreement should address how its terms will be carried out. Refinancing, a sale, account division, or a business buyout may require additional steps and professional input.

Related official resource: Florida property-division statute. Source checked September 1, 2026.

Practical guide

Different assets need different questions.

Home & real estate

Discuss ownership, mortgage balances, valuation, and what a sale or refinance would require.

Business interests

Identify the ownership structure, available records, and any valuation or cash-flow questions.

Retirement & investments

An account balance is not the whole picture. Ask about transfer procedures, restrictions, and the need for tax or other professional advice.

Common questions

Before we speak.

Official resources · Reviewed September 3, 2026Florida Statutes § 61.075

Does the name on an account settle who keeps it?

Not necessarily. Florida law distinguishes marital and nonmarital assets and liabilities. Title is part of the factual picture, not a substitute for classification analysis.

Why consider implementation before agreeing on a split?

The agreement needs to work in practice. A transfer, refinance, sale, or account division can involve requirements beyond assigning a value on paper.

Your next step

Talk with GFC LAW

Tell us the general matter type and any approaching deadline. We will confirm consultation availability and next steps.