When Dividing Real Estate, Work With Our Experienced Team
Dividing real estate in a divorce is rarely easy, in the best of circumstances. Complex assets like real estate take a long time to assess, value and divide, even without the presence of the emotions that may arise in a divorce. If you have a vacation property that you need to divide in a divorce, you need knowledgeable legal counsel on your side.
The team at Harris, Hunt & Derr, P.A., has helped many clients reach the outcomes they desire in their property division arrangements. We understand the many complex steps in the equitable distribution of marital property in Florida. Our team will work tirelessly to help you achieve the outcome you need.
Dividing Assets In Florida: What To Know
Because Florida is an equitable distribution state, all marital assets, including vacation homes, are subject to division in a fair and equitable manner. If you and your spouse purchased the property after the marriage, then it counts as marital property. In some rare cases, real estate that one spouse purchased before the marriage can become shared property if the other spouse invested their own money and effort into it.
Harris, Hunt & Derr, P.A., can help you determine separate and marital property and can advise you on other issues involved in high-asset divorce.
Let’s Find The Best Option For You
Every divorce is different, so every couple’s property division arrangement will be different. You will have many choices regarding how to divide your real estate. You may want to:
- Sell the property and split the profits
- Buy out your spouse’s share
- Have your spouse buy out your share
- Continue to share the property and work out a vacation schedule
Harris, Hunt & Derr, P.A., can discuss your options regarding your real estate holdings. Our firm will help you make the best choices to protect your financial security and your lifestyle.
Work With Us To Divide Your Real Estate
Consult with our experienced, dedicated team of lawyers when dividing assets like a vacation home. Our firm has two separate locations for your convenience. Reach our firm in St. Petersburg at 727-310-3017, call our Tampa office at 813-223-5421 or send us an email.