How are assets split in a LGBT divorce?
In the state of Florida, when there's a divorce, whether it be a heterosexual divorce, or an LGBT divorce, the court uses the Florida Statutes to divide the property. It's called equitable distribution. The court starts out with the presumption that all of the assets of the marriage will be divided 50/50, and all of the debts of the marriage will be divided 50/50. It is, however, a [rebutable 00:00:28] presumption, meaning one party can make arguments to the court to try and make the court believe that an equitable or fair distribution of the property is not an equal distribution, but rather one party will get more of the assets, and/or fewer of the debts than the other party in order to make things fair.
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