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You Are Here: Classification of Assets
        Restricted21. Divorce Source: MARITAL HOME, SAVINGS ACCOUNTS, LIMITED LIABILITY CORPORATION
The wife contended that the chancellor erred in granting the husband a one-half interest in the equity of the home, which she inherited from her grandmothers one-half interest in the home. ...
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        Restricted22. Divorce Source: PENSION AND DISABILITY BENEFITS
The husband claimed that part of his pension represented compensation for personal injuries and thus was not subject to equitable distribution in its entirety. Here, the couple was divorced in July 1999 following a trial. The judgment of divorce provided, among other things, that the entirety of the ...
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        Restricted23. Divorce Source: ANTENUPTIAL AGREEMENT, BUSINESS PROPERTY, AND INDIVIDUAL RETIREMENT ACCOUNTS
The husband then argued that the trial court abused its discretion by ordering that all the couple ...
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        Restricted24. Divorce Source: ANTENUPTIAL AGREEMENT, BUSINESS PROPERTY, AND INDIVIDUAL RETIREMENT ACCOUNTS
The husband then argued that the trial court abused its discretion by ordering that all the couple ...
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        Restricted25. Divorce Source: PROFIT-SHARING PLAN
The trial court excluded the husband ...
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        Restricted26. Divorce Source: INDIVIDUAL RETIREMENT ACCOUNTS
After a consideration of the exceptions, the court noted that since the IRAs were acquired after the couple ...
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        Restricted27. Divorce Source: SEPARATE PROPERTY IN A JOINT ACCOUNT
Where the wife deposited two sums of money inherited from her father in a joint account, the money lost its character as separate property. ...
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        Restricted28. Divorce Source: CLASSIFICATION OF TORT AWARDS
If a personal injury claim is property acquired during the marriage, it may be marital property or separate property, depending on how the particular state views the nature of the claim. In some states, the question is answered in the equitable distribution statute itself. ...
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        Restricted29. Divorce Source: VALUATION OF PROPERTY
The trial court should have determined with respect to the farm, the stock, the insurance policy, and the cattle what portions of each were separate property and what portions of each were marital property by looking at the date of acquisition and the source of funds used to purchase ...
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        Restricted30. Divorce Source: VALUATION OF PROPERTY
(�1999) Both the husband and the wife testified that the wife moved out of the marital residence on that date, and they no longer cohabitated after that date. Moreover, by using the phrase de facto termination of the marriage, the court necessarily indicated its intent to choose a termination date different ...
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