Skip to main content

How to Protect Assets in a Tampa Divorce

Divorcing in Tampa Bay & Asset Protection

Asset division for divorcing spouses in Florida is called equitable distribution. Equitable distribution is governed by Florida Statutes 61.0075. When divorcing in Tampa Bay, one of the first things that must be addressed is the division of assets.

During the process of asset division, couples are required to “set apart” non-marital assets and liabilities. To this point, safeguarding your separate property is a must and there are several ways this can be achieved.

Protecting Your Separate Property



When divorcing in Florida, any assets either spouse acquired during the marriage count as marital property, even if the asset is in one spouse's name. 

You can protect your non-marital property by entering into a prenuptial agreement or a postnuptial agreement. It is crucial to hire an experienced Tampa Florida marital law attorney to draft these contracts, so they will hold up in court should they be challenged. 

Separate property, or non-marital property, includes:

  • Assets that either spouse owned before the marriage
  • Gifts and inheritances
  • Property identified as separate in a prenuptial agreement or a postnuptial agreement

There are, however, reasons for the courts to consider unequal distribution of assets and liabilities and an experienced Tampa contested divorce attorney can find those relevant factors in such cases. Otherwise, equitable distribution allows for a presumption of the courts to consider a couple's asset "equal" and to be divided as such in a divorce settlement.

Read: Worried About Dissipation of Assets in a Tampa Bay Divorce?

Tampa Divorce & High Asset Divorce Attorneys

If you are a high net worth individual, business owner or entrepreneur, it is important to hire a divorce lawyer who specializes in Florida Family Law. Nilo J Sanchez & Associates has over 25 years of experience representing high net worth clients and business owners in Tampa Bay. Protecting your assets in any contested divorce in Tampa Bay begins with hiring the best Tampa Divorce Lawyer for YOU. 

Consultations: 813-879-4600
Divorce-lawyer-tampa.net 



Popular posts from this blog

Tampa Family Lawyer on Timesharing Modifications, Enforcements

Tampa Family Law Attorney  What Can Parents do When Parenting Plans are Not Being Followed Tampa Child Custody Attorney Nilo J Sanchez is an experienced family law attorney in Tampa, Florida. For over 25 years he has represented parents who have high conflict family law matters.  Timesharing & Custody Disputes & Florida Family Law Timesharing and custody disputes seem to initiate the most conflict between parents. Much is written about parents who refuse timesharing to their ex, but not much is written about the parent who doesn't show up for their court ordered timesharing.  If you are experiencing a substantial, permanent change in timesharing that is financial in nature because your ex is not showing up for their scheduled timesharing, please reach out to Nilo J Sanchez & Associates.  50/50 Timesharing in Florida Family Law Time-sharing has come a long way in Florida and most family law judges find that equal timesharing between parents is generally i...

Tampa Family Attorneys on Uncontested Divorce

Uncontested Divorces in Florida Nilo J Sanchez & Associates PA Tampa Family Law & Divorce Attorneys Hiring a Tampa family law attorney when your divorce is uncontested is highly beneficial, particularly if you want to keep your divorce amicable. When couples agree that they no longer wish to be married, they either opt for a contested divorce or an  uncontested divorce process.  Uncontested Divorces : In an uncontested divorce in Tampa Bay both parties wish to terminate their marriage. Through mediation and negotiations, the parties must agree on the matters that must be settled in an uncontested or contested divorce such as; D ivision of property  (Equitable distribution)   A limony C hild support   Child custody/ parenting plans , if applicable.  The parties in an uncontested divorce must be willing to sign ALL pertinent documents regarding the matters that are to be settled in their case. They further agree that they do not wish to have th...