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Dividing high-asset properties after a divorce

On Behalf of | Jun 29, 2022 | High Asset Divorce |

If you are getting divorced in Florida, you naturally want to retain all of your assets. This will be all the more true if they happen to be judged as very high in value. If this is the case, you will want to do all that you can to keep them from going to your spouse. Here are some tips on how to prevent an unfair split.

You need to list your premarital assets

The first thing that you should do when faced with the prospect of a high-asset property division will be to make a thorough list of your premarital assets. These are the assets that you came into the marriage with. In most cases, they can remain yours after divorce.

You can also make a bid to exclude other types of assets from a division following your divorce. These can include prenuptial exclusions. These will be any type of assets you possess that are protected under the terms of a prenuptial agreement. The agreement in question must be judged to be valid.

You may also include in this group any proceeds or assets that have come to you by way of an inheritance. Gifts that were acquired by you, but not also gifted to your spouse, can be protected under this heading. Any proceeds that came to you as the result of a personal injury settlement will usually be yours alone.

You will have to prove your claim

There are a great many hurdles that may need to be overcome during the process of a high-asset divorce. One of these is the fact that, until proven otherwise, all assets belonging to either party are usually considered as part of the marital estate. It will be up to you to do all that you can to prove otherwise.

If there are assets that the court does not accept as belonging solely to you, they will need to be divided. The court will attempt to do so in a way they consider fair. You will need to negotiate with your spouse to secure a satisfactory arrangement.

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