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Buzzwords and Key Terms in a Lake Mary, Florida Divorce

There are certain terms you should be familiar with in a Lake Mary, Florida Divorce. If your divorce involves a child, you need to know the following terms: Marital, Non-marital, Equitable Distribution, Alimony, Attorney Fees, Parenting Plan, Timesharing, Best Interest of the Child, Child Support, and Child Support Guidelines Worksheet. If you have no minor children, then you will not deal with a Parenting Plan, Timesharing, Best Interest of the Child, Child Support and a Child Support Guidelines Worksheet. 

The above-mentioned terms are key to a divorce case. That is because the Florida Statutes defining these keywords explain how the assets and liabilities are divided, who pays whom, and who pays what in a Lake Mary, Florida divorce case. In the Florida Statutes, the terms spell out what analysis that the judge must follow in making his/her ruling during a Lake Mary, Florida dissolution of marriage case. 

Under Florida Statute 61.075, equitable distribution is defined. In this statute, it is stated that the first thing the judge must do is to set aside non-marital assets and non-marital liabilities. Non-marital assets are assets that you had prior to the marriage; or that you received during the marriage by gift or inheritance; and the asset or the money you received during the marriage were kept segregated during the marriage. It is your obligation to gather all the financial paperwork to show that these assets or liabilities are non-marital. 

The Judge must then equitably divide all the marital assets and liabilities in accordance with Florida Statute 61.075. After that the court determines whether the court should award alimony. That is pursuant to Florida Statute 61.08. If there are children, the court must determine child support per the child support guideline worksheet. 

Before the court can determine child support, the court must know the amount of overnights each parent has with the child. Currently there is a presumption that 50/50 timesharing is in the best interest of the child. This is in accordance with 61.13.  

You can review the Florida Statutes mentioned to learn the buzzwords and the key terms in a Lake Mary Dissolution of Marriage case. 

If you have more questions regarding a Marital and Family Law matter, you may call Ann Marie Giordano Gilden at Ann Marie Giordano Gilden, P.A. at 407-732-7620 and set an initial consultation. You may also visit my website at: https://www.annmariegildenlaw.com 

This article is for informational purposes only and does not form an attorney client privilege.