Narrative Opinion Summary
The court affirms the trial court's decision in all respects except for acknowledged errors. The appellee admits that a marital asset awarded to the appellant was overvalued by $6,000 and that the wife had $5,500 worth of marital assets (furniture and jewelry) omitted from the equitable distribution list. The court reverses the trial court’s decision regarding these errors and remands the case with directives to amend the final judgment. Specifically, the valuation of the West Broward Lago property is to be reduced by $6,000, and the omitted $5,500 in furniture and jewelry is to be included in the marital assets. Consequently, the court instructs a reduction of the lump sum alimony awarded to the appellee by $5,750. The decision is affirmed in part, reversed in part, and remanded with instructions for amendment. Judges Letts and Walden concur.
Legal Issues Addressed
Adjustment of Alimony Based on Asset Valuationsubscribe to see similar legal issues
Application: The court adjusts the lump sum alimony to account for corrected valuations of marital assets, reducing it by $5,750.
Reasoning: Consequently, the court instructs a reduction of the lump sum alimony awarded to the appellee by $5,750.
Appellate Review and Remand for Correction of Errorssubscribe to see similar legal issues
Application: The appellate court reverses the trial court's decision in part and remands the case for correction of acknowledged valuation errors and omission of assets.
Reasoning: The court reverses the trial court’s decision regarding these errors and remands the case with directives to amend the final judgment.
Inclusion of Omitted Marital Assetssubscribe to see similar legal issues
Application: The court identifies omitted marital assets and orders their inclusion in the equitable distribution, specifically furniture and jewelry worth $5,500.
Reasoning: The wife had $5,500 worth of marital assets (furniture and jewelry) omitted from the equitable distribution list.
Valuation of Marital Assets in Equitable Distributionsubscribe to see similar legal issues
Application: The court acknowledges an error in the valuation of a marital asset and corrects it by reducing the valuation of the West Broward Lago property by $6,000.
Reasoning: The appellee admits that a marital asset awarded to the appellant was overvalued by $6,000.