Division of Assets and Debts
Florida follows the principle of equitable distribution, meaning that the court may divide marital assets and debts, although in a fair but not equal manner. The court considers several factors when determining a fair distribution, including the length of the marriage, each spouse's financial situation, contributions to the marriage, and future earning potential. Non-marital assets, such as property owned before marriage or inheritances, remain with the original owner.
Alimony
Even without children, alimony may be a consideration. Florida courts evaluate several factors when deciding whether to award alimony. These factors include the length of the marriage, the income and earning capacity of each spouse, the standard of living established during the marriage, and each party's contributions to the marriage. The court may award temporary, rehabilitative, or permanent alimony.
Trial
If all attempts at resolution fail, the case proceeds to trial. Both spouses present evidence and witness testimonies during the trial to support their positions. The judge listens to both sides and decides on all unresolved issues, including the division of assets and alimony. Trials can be time-consuming and expensive, so many couples strive to reach an agreement before this stage.
Final Judgment
After the trial, the judge issues a final judgment of divorce. This document outlines the court's decisions on all contested issues. Once signed by the judge, the marriage ends. Both parties must comply with the terms of the final judgment, and failure to do so can result in legal consequences.
Post-Divorce Considerations
After the divorce finalizes, both parties may need to address various post-divorce matters. These include dividing retirement accounts, updating beneficiary designations, and changing legal documents such as wills and powers of attorney. In addition, either party can request modifications to the final judgment if there is a substantial change in circumstances.