When the parties in an Orange, Osceola or Seminole county divorce or dissolution of marriage action have assets that will need to be divided, the date of filing will be an important landmark. The assets as well as the liabilities accumulated during the marriage must be valued and distributed. This process is called Equitable Distribution. The time frame that the court will use to value the assets and liabilities will be from the date of marriage to the date of filing the Petition for Dissolution of Marriage.
Knowing you are ready to file for divorce is difficult decision. Understanding the best time to do so can be an important factor in your future financial security. A lawyer who is experienced in Family Law matters is the best resource for information concerning this timing. If you would like more information regarding your specific situation, please email our office or call us today at (407) 895-9900 to schedule an initial consultation with Attorney Wade P. Luther.