Legal Definition

Marital property (marital assets) under F.S. §61.075 includes assets acquired and income earned by either spouse during the marriage, plus the enhancement in value of non-marital assets due to marital labor or funds, all subject to equitable distribution.

Example

The retirement account funded during the marriage was classified as marital property and divided between the spouses.

Related Statutes

  • 61.075

Related Terms

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