Protect Your Assets Through Fair Property Valuation In Florida Divorce

Property valuation plays a critical role in the division of assets during divorce. If you’re going through a divorce, obtaining an accurate valuation of shared assets is the foundation for protecting your property interests and pursuing a fair outcome.

I’m Mark E. Sawicki, a divorce attorney practicing in the Palm Beach Gardens and Fort Lauderdale areas. I understand the complexities of family law and the sensitive nature of divorce proceedings. As an award-winning attorney with more than a decade of experience, I am well-equipped to handle complex, high-asset divorces, including addressing the intricacies of property valuation. My deep understanding of Florida family law guides each client through these challenging times with compassion and professional care.

How Valuation Supports The Equitable Division Of Marital Property

Florida divorce law requires an equitable division of marital assets and liabilities. This means the division must be fair, though not necessarily equal. Distinguishing between marital and nonmarital properties is essential in this process. Marital property includes assets and debts acquired during the marriage, while nonmarital property refers to those acquired before the marriage or personally gifted during the marriage.

Property valuation ensures that the division of assets accounts for their true worth.

Valuing Real Estate Through An Accurate Appraisal

For many divorcing couples, real estate – particularly the marital home – is among their most valuable assets. Securing an accurate real estate valuation requires determining the fair market value – that is, the price a property would likely fetch in an open market at the time of valuation. A professional appraisal is essential for obtaining this valuation.

Appraisers may use different methods to value the property. Ideally, they should have experience in divorce valuations. I can involve the right appraisers for your property type to secure a valuation that is well-founded by strong evidence.

Valuing Businesses And Professional Practices

If you or your spouse owns a business or professional practice, it’s vital to assess its value accurately. This type of valuation can be complicated. It must address not only the business’s tangible and intangible assets but also its earning potential and market position, among other things.

I routinely work with business owners going through divorce to help them address this complex aspect of property division. I can help you weigh your options based on an accurate valuation conducted by a trusted financial expert.

Valuing Investment And Retirement Accounts

While these valuations are often more straightforward, since the account values can be easily obtained through statements, the timing of the valuation is particularly critical. The valuation date will significantly affect the financial outcomes for both parties.

Get Help Securing Your Financial Future

If you are facing a divorce and need reliable guidance on property valuation, contact me online or by phone at 954-928-9331. As a divorce lawyer who truly cares about my clients, I will work diligently to ensure that your assets are fairly evaluated and divided. I’m committed to helping you build a strong foundation for your financial future.