Legal Question in Family Law in Florida

I owned a IRA prior to marriage worth 80k

I have been married for 6 � years and she left me 6 months ago

I have bought and sold positions inside the account,

but have only contributed $50 dollar to the account in 2010.

The account market value is now 180k and I am getting divorced

I have been told two different versions of how this asset will be treated

1) Said only the increase (180k-80k=100k increase) is subject to marital distribution...

2) Said as the account only received $50 dollars of contributions and most of the increase is market value driven, only $50 dollars is subject to marital distribution and the bulk ($179,950) is excluded...

Which attorney was right?


Asked on 10/26/11, 10:44 pm

1 Answer from Attorneys
David Slater David P. Slater, Esq.

1

Read more
Answered on 10/27/11, 4:55 am


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