The Second District Court of Appeal today rejected the equitable distribution of assets and debts in the long-term marriage of Parks v. Parks. While rejecting the remaining arguments, the Court found that it was error to fail to award the Wife a setoff for the reasonable rental value of property occupied by the Husband, and that it was error to award the Wife half of the proceeds of a home-equity line of credit as equitable distribution while allowing the Husband to keep the purchase made with his half of the proceeds as non-marital.
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