PRACTICE AREA
Property Division
Understanding Property and Debt Division
Fort Lauderdale Division of Assets Lawyer
Ensuring a Fair Distribution of What You Built Together
Dividing assets and debts is one of the most important parts of any divorce.
It is not just about who owns what — it is about determining what was built during the marriage and how it should be fairly divided moving forward.
At the Law Office of Diksha Mehan Sharma, we help clients understand their rights, protect their financial interests, and pursue fair outcomes in property division.
Appointments available in Miami, Broward and Palm Beach. We speak Spanish, Portuguese, Hindi and Punjabi.
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As part of a divorce, the court must divide both assets and debts between the parties.
Before deciding how to divide them, the court first determines: which assets and debts are considered marital.
This step is critical, because only marital property is subject to division.
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In Florida, the key factor is when the asset or debt was acquired.
Assets or debts acquired during the marriage are generally considered marital
Assets or debts acquired before the marriage may be considered non-marital
This distinction is often more important than whose name is on the account or title.
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Many people assume: “If it’s not in my name, it’s not mine.”
That is not necessarily true. The court does not rely only on title or ownership. Instead, it looks at the timing and nature of the asset or debt.
That means you may still have a claim to an asset — or responsibility for a debt — even if your name is not attached to it.
Florida courts generally aim for an equal distribution of marital assets and debts.
However, equal does not always mean identical.
There are situations where one party may receive more or less based on specific factors.
In some cases, the court may decide that a 50/50 split is not fair.
Factors that can influence this include:
Each spouse’s financial situation
Contributions to the marriage (including non-financial)
Waste or misuse of marital assets
Economic circumstances moving forward
These factors must be clearly presented and supported.
Property division is not just a mechanical process.
How assets are categorized, valued, and presented can significantly impact the outcome.
Without proper legal strategy, you may:
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Overlook assets you are entitled to
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Assume responsibility for debts unfairly
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Agree to a distribution that does not reflect your rights
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Diksha Sharma helps clients navigate property division with clarity and precision.
We assist with:
Identifying marital vs. non-marital assets
Evaluating debts and financial obligations
Building strong arguments for fair distribution
Addressing complex or disputed financial issues
Speak with a Fort Lauderdale Property Division Lawyer
Schedule your free consultation.
Ensure a fair division of assets and debts. Get clear guidance to protect what matters most during your divorce.