Case Name: Nancy H. HOOD, Appellant, v. Louie Franklin HOOD, Appellee
Court: Florida District Court of Appeal
Jurisdiction: Florida
Decision Date: 1989-01-05
Citations: 535 So. 2d 715
Docket Number: No. 88-838
Parties: Nancy H. HOOD, Appellant, v. Louie Franklin HOOD, Appellee.
Judges: DAUKSCH and COBB, JJ., concur.
Reporter: Southern Reporter, Second Series
Volume: 535
Pages: 715–715

Head Matter:
Nancy H. HOOD, Appellant, v. Louie Franklin HOOD, Appellee.
No. 88-838.
District Court of Appeal of Florida, Fifth District.
Jan. 5, 1989.
Marcia K. Lippincott of Marcia K. Lippin-cott, P.A., Orlando, for appellant.
Donna L. Surratt-Mclntosh and Kenneth W. McIntosh, Sanford, for appellee.

Opinion:
SHARP, Chief Judge.
The final judgment of dissolution is affirmed except for the payment period for the award of attorney's fees. The trial court required the husband to pay $14,000 for the wife's attorney's fees as follows: $200 per month with no interest for the first two years; 12% interest thereafter, or until the husband sold or otherwise transferred certain lakefront property.
The trial court abused its discretion in allowing the husband a seven year payment period, especially in light of the husband's financial affidavit reflecting net assets of over $117,000 and a weekly income of over $1,100. Urbieta v. Urbieta, 469 So.2d 930 (Fla. 3d DCA 1985). Under these circumstances, we think that a payment period should not exceed two years, and that it should provide for interest at a reasonable rate from the date of dissolution. Accordingly, we reverse the payment period with directions to the trial court to determine a schedule for payment consistent with this opinion.
AFFIRMED in part; REVERSED in part.
DAUKSCH and COBB, JJ., concur.