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How are assets split in a LGBT divorce?

Posted by Michael G. Butash | Aug 11, 2017 | 0 Comments

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.

About the Author

Michael G. Butash

Michael G. Butash Stetson University College of Law Florida State University Former State Prosecutor Mike grew up in the Tampa Bay area and graduated from Stetson University College of Law in 1997. He was immediately hired as an Assistant State Attorney for the 6th Judicial Circuit (Pinellas/...

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