How is "community property" viewed under Florida law?

Florida law does not recognize community property as a legal standard. Instead, it follows the principle of equitable distribution when dividing marital assets in the event of a divorce. Under equitable distribution, the court considers various factors to fairly divide the assets acquired during the marriage, rather than simply splitting them equally as community property states would do. This approach acknowledges that while many assets may have been acquired during the marriage, the contributions of each spouse, both financial and non-financial, are considered in determining a fair distribution. This means that one spouse may receive more than half of the assets if there are justifiable reasons based on contributions or circumstances surrounding the marriage and its dissolution.