LGBTQ Divorce Attorney Parkland: Division of Marital Assets

The moment you get the services of an LGBTQ Divorce Attorney Parkland, it is crucial to note the difference between the two marital and non-marital assets in a same-sex marriage. Here are some important points to remember about marital assets:

• The assets or properties co-owned by both parties are considered “conjugal”;
• The assets deemed martial are subject to property division pursuant to the principle of equitable distribution;
• The assets obtained during marriage can either fall under positive assets like a car or bank account;
• There are negative assets that take the form of loans and other obligations;
• The acquired assets prior to marriage are not part of the equal division of estate

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