A pair of errors by a trial court allowed a husband to win his appeal before the Second District Court of Appeal recently. The lower court’s failure to include in its equitable distribution a loan taken out for the purpose of funding the couple’s child’s education was erroneous, as was…
Articles Posted in Equitable Distribution
Seeking a Continuance in Your Florida Divorce Case
When going through a divorce, some people desire to resolve the case as quickly as possible. Sometimes, though, it may be necessary, in order to obtain a truly fair and just outcome, to ask the court to put off ruling in your case. One recent case from southwestern Florida highlights…
Transferring Homes into Trusts and the Impact on Your Florida Divorce and Equitable Distribution
Sometimes, the intervention of a divorce can create some serious wrinkles in the estate plans two spouses created while they were married. Other times, the couple’s estate plans can sometimes create wrinkles in an equitable distribution plan. In the case of one southwest Florida couple, that is exactly what happened.…
Equitable Distribution in Florida and a Non-Marital Asset Maintained or Improved Using Marital Assets
When you are going through a divorce, especially one without a minor child of the marriage, one of the most important issues to resolve may be equitable distribution. While equitable distribution may be fairly straightforward in cases in which every asset is clearly marital or non-marital, many divorces and equitable…
Abolition of ‘Special Equity’ Law Wipes Out Unequal Distribution in Favor of Florida Wife
When you enter into divorce litigation, there are certain things you know at the outset. One of these is that the law presumes that your spouse and you should split all marital assets 50-50. This presumption is not ironclad, however, since fairness and the law dictate that a 50-50 split is…
Prenuptial Agreements and Equitable Distribution in Your Florida Divorce
A Florida man successfully appealed a trial court ruling that declared the couple’s home to be the wife’s separate property. The Fifth District Court of Appeal overturned the trial court’s ruling, based upon the wording contained in the couple’s prenuptial agreement. That agreement gave each spouse the right to give…
Florida Trial Court’s Double Hit of Income Tax Consequences Leads to Reversal of Equitable Distribution
In Florida, equitable distributions are presumed, as a starting point, to be equal distributions between the spouses unless special circumstances exist that warrant an unequal distribution. One of those special circumstances is a spouse’s misconduct with marital funds. Even if a spouse is guilty of misdeeds with marital funds, there…
Florida Court’s Failure to Explain How It Chose Dollar Amounts Leads Appeals Court to Throw Out Divorce Order
A lot of divorce cases have multiple distinct but related components. Even if a couple has no minor children in the home, there may be numerous elements to a divorce case, including the distribution of assets and debts, as well as alimony. When a trial court issues an order in…
Intentionally Diminishing Marital Assets and Your Florida Divorce Case
Some divorce cases go forward with both sides proceeding amicably, respectfully, and ethically. Unfortunately, this is not the case in all situations. Sometimes, a spouse may intentionally engage in wrongdoing as part of the divorce process, including improper dissipation of certain marital assets. When that happens, the law has a…
Florida Court Decides 1.5% Portion Not to Small to Consider in Equitable Distribution Case
In Latin, there is a phrase, “de minimis,” that essentially translates to “too minor to warrant consideration” or “so small that it can be disregarded.” This phrase comes up in legal matters sometimes, when an amount is so small that the court simply declines to consider it. Of course, a sum…