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PER CURIAM. We agree with the appellant ex-husband that, under the terms of the parties’ property settlement agreement, the partial liquidation of the fund in question did not trigger the appellee ex-wife’s right to her distributive share of the entire fund.
1 The order under review, which reflects the trial court’s contrary conclusion, is therefore vacated without prejudice to the entry of a judgment reflecting the appellee’s entitlement to her share of the proceeds of a liquidation of the entire fund.Vacated with directions.
. Some $300,000.00 of the approximately $1,000,000.00 fund was "liquidated” in the transaction at issue in this case. Under the agreement, however, the husband was to receive the first $483,000.00 of the proceeds of a complete liquidation, with only the remainder split between the parties.
Document Info
Docket Number: No. 93-735
Citation Numbers: 624 So. 2d 852, 1993 Fla. App. LEXIS 9974, 1993 WL 390366
Judges: Cope, Hubbart, Schwartz
Filed Date: 10/5/1993
Precedential Status: Precedential
Modified Date: 10/18/2024