What is marital property in Florida?

Marital property in Florida is the term that generally describes marital assets and liabilities. When you look at the pile of assets and liabilities that exists between parties, prior to a divorce, they are typically divided into two different types, non-marital assets and liabilities, and marital assets and liabilities. Non-marital assets and liabilities typically stay with the party who accrued them. Marital assets and liabilities, which are generally assets and liabilities accrued during the marriage, are typically divided between the parties, equally, is the general rule. It is a little more complicated than that, but that is the general concept.