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In Florida, the division of assets in a divorce follows the principle of equitable distribution. Equitable distribution means that marital property should be divided fairly, though not necessarily equally, between spouses. To understand this concept better, here are some key points regarding the division of assets in a Florida divorce: 1. Marital vs. Non-Marital Property: Marital property typically includes assets acquired during the marriage while non-marital property, on the other hand, typically includes assets acquired before the marriage, inheritances or gifts received by one spouse during the marriage, and certain assets excluded by a valid prenuptial agreement. 2. Equitable Distribution: Florida law requires that marital assets and liabilities be divided fairly, taking into account various factors such as the duration of the marriage, each spouse's economic circumstances, and contributions to the marriage. 3. Marital Settlement Agreement: Spouses can negotiate the division of assets and debts through a marital settlement agreement. This agreement can specify how property will be divided among the parties. 4. Court Intervention: If spouses cannot reach an agreement on the division of assets, the court will make the determination based on the principles of equitable distribution. The court will consider evidence presented by both parties regarding their financial circumstances and contributions to the marriage.