Articles Posted in Valuation of assets

The Wrong Way to Value Stock for Purposes of Equitable Distribution
Alan R. Burton Attorney at Law

In a dissolution of marriage action, the court is required to identify all the marital assets and to establish the value for those marital assets. Stock is just one example of what might be considered a marital asset in a divorce case.  Stocks which are traded routinely on an exchange have a value that is…

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Do I Have to Pay for My Spouse’s Debts?
Alan R. Burton Attorney at Law

When two people get married, it often makes sense to combine finances. Spouses open joint bank accounts and combine their incomes to help each other pay off debts–both pre-existing debts and new ones acquired during the marriage. In many situations, spouses may depend on one another to be able to cover their monthly bills. This…

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Continuing as Partners in the Family Business After Divorce
Alan R. Burton Attorney at Law

Married couples acquire many things together over the course of their marriage, including homes, vacation homes, bank accounts, automobiles, and stock portfolios. They frequently start businesses together as well. What happens to the family business after divorce? How does it get valued, how does it get divided, who gets to continue to run the business…

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Is Jewelry a Marital Asset and How Is It Valued?
Alan R. Burton Attorney at Law

Placing a value on jewelry is a more difficult question. There is ample case law that sets forth the principle that valuations must be based upon competent evidence. Noone v. Noone, 727 So.2d 972, (Fla. 5th DCA 1998); see also Knecht v. Knecht, 629 So.2d 883 (Fla. 3d DCA 1993). In Lassett v. Lassett, 768…

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