Division of Property And Assets in Palm Beach County, Florida

Division of Marital Property and Marital Assets – Installment Payments in Florida Although a trial court has discretion to order an equitable distribution award to be made in installments, the installments cannot be spread over too long of a period of time. “We recognize that under section 61.075(10), a trial court has discretion to order an equitable distribution award payable in installments over a fixed period of time. See Beers v. Beers, 724 So. 2d 109,114 (Fla. 5th DCA 1998). However, under the scenario fashioned by the trial court, it would take over eighteen years for the former wife to receive her share of the award, effectively depriving the former wife of her one-half interest in the marital assets.” Fotinos v. Fotinos

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