In divorce proceedings, it is not uncommon for a spouse to deny the ownership of certain assets or funds as a means of avoiding paying fees associated with them. At least, that’s what happened in a recent divorce case that made its way to Florida’s 4th District Court of Appeal.
After 17 years of marriage, a man left his wife to live with another woman and filed for divorce. It wasn’t long before financial complications began to arise. As reported in the Florida Record, the wife was displeased with the trial court’s decision that the approximate $1,000,000.00 worth of stocks in the husband’s name was non-marital. The wife was also displeased with the trial court’s decision that both she and husband were responsible for paying unsecured debt to a third party from the sale proceeds associated with an apartment that belonged to her and her husband.