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April 2019 Archives

Divorce and entitlement of proceeds when a marital home is sold

Floridians who get a divorce might be of moderate means or be in the middle of a high asset divorce. Regardless of their financial circumstances, there will be one property that has significant value and from which both sides will want a share: the marital home. Often, as part of the divorce, it is decided that the property will be sold. When this happens, it is imperative to understand what the law says about the entitlement to credits or setoffs (recovering of money due) when the property is sold. Having legal advice from a qualified litigator in family law is integral to dealing with this issue.

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