Tools and Equipment in Divorce

Dividing tools, jewelry, instruments, or machinery used for business or hobbies is often contentious. In Lassett v. Lassett, 768 So.2d 472 (Fla. 2d DCA 2000), the appellate court reversed an unsupported $10,000 valuation of jewelry.

The same principle applies to tools and equipment:

• Identify each item with photos, serial numbers, or descriptions.
• Provide evidence of condition and value.
• Consider whether the items were used for income generation or personal use.

Many spouses undervalue or overstate the importance of tools and business equipment in divorce proceedings. If the equipment supports a family business, misclassification or undervaluation can lead to an unfair settlement.

Tips for handling tool and equipment valuation:

• Prepare an inventory of all tools, including brand, model, and year of purchase.
• Include usage context: was the tool used in a professional, hobbyist, or shared household capacity?
• Consider depreciation and wear-and-tear when estimating value.
• If needed, consult a qualified appraiser or industry expert (e.g., a mechanic for auto tools).

In contested cases, detailed itemization and fair-market evaluations are often more persuasive than general estimates. Courts rely on documentation, not assumptions.

If you own or are disputing tools and business equipment during divorce, contact Rhoden Law Group at 321-549-3162 to ensure a proper and fair valuation. Or use the contact form on this site. We serve clients throughout Brevard County, including Melbourne, Viera, Palm Bay, and the beaches.

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