Legal Definition

Under F.S. §61.075(7), the cutoff date for determining marital assets and liabilities is the earliest of the date the parties enter a valid separation agreement or another date the court finds just and equitable, with the date of filing the petition commonly serving as that line.

Example

Because Florida has no legal separation, the court used the petition's filing date rather than their informal date of separation to classify the marital debts.

Related Statutes

  • 61.075

Related Terms

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