Dividing up property is perhaps one of the most crucial and potentially contentious parts of nearly every divorce. This is most likely because asset division can directly affect the financial future of each Florida resident. Therefore, it needs to be handled appropriately in order to keep one party from having an unfair advantage over the other.
One of the biggest obstacles to receiving a fair settlement is knowledge. Without a complete a picture of what assets, income and debts make up the marital estate, it will be difficult to negotiate a fair settlement. In many marriages, one party primarily handles the finances, which means that the other party might not fully understand the couple's financial situation as the divorce begins. Therefore, it will be necessary to gather as much documentation as possible.