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You Are Here: Classification of Assets
        Restricted31. Divorce Source: PROPERTY ACQUIRED AFTER SEPARATION
(�1999) Stock acquired by the husband after the couple had separated was to be considered his separate property rather than marital property subject to equitable distribution ...
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        Restricted32. Divorce Source: INTERSPOUSAL GIFTS
(�1999) The husband and the wife were married for 53 years. At the time of the divorce, the chancellor divided certain items of personalty valued at $23,616.54, the marital home having an estimated value of $54,500, and various savings accounts solely in the name of the wife having an aggregate value of $63 ...
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        Restricted33. Divorce Source: PROPERTY EXCLUDED BY AGREEMENT--IRA
(�1999) The wifes signed consent to the designation of beneficiary for the husband ...
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        Restricted34. Divorce Source: CLASSIFICATION--SOURCE OF FUNDS FOR ACQUISITION
(�1999) A real estate tract that the husband owned prior to the marriage was marital property under the source of funds rule, where the debt for the entire value of the tract was paid with marital funds ...
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        Restricted35. Divorce Source: INVESTMENT ACCOUNTS - APPRECIATION AND DEPRECIATION
(�1999) The family court had the authority to order the husband to consider any increase or decrease in investment accounts at the time of the transfer of the wifes share ...
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        Restricted36. Divorce Source: MARITAL GIFTS
(�1999) Absent fraud, or a contract or agreement that the stock was to be separate property, a presumption exists that it was joint property subject to division ...
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        Restricted37. Divorce Source: GIFTS AND MARITAL DEBT
(�1999) In Hughes v. Hughes, the husband claimed that his parents gave him a gift of the value of one-half of the marital home, and the trial court so found. The wife claimed that this finding resulted in an inequitable distribution of assets since it lowered the value of the marital interest in the home ...
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        Restricted38. Divorce Source: DEBTS FOR MEDICAL EXPENSES
(�1999) In the parties divorce proceeding, the trial court refused to classify medical expenses incurred by the husband as a marital liability because the expenses were elective and because the expenses were ...
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        Restricted39. Divorce Source: STOCK OPTIONS - CLASSIFICATION
(�1999) The parties were married in 1973 and separated in 1992. The husband was granted various stock options during that period. Over the four years following the parties separation, the husband exercised ...
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        Restricted40. Divorce Source: CLASSIFICATION OF PERSONAL INJURY PROCEEDS
(�1999) The wife had breast implants a year after the parties got married in 1983. The implants ruptured and gave rise to a cause of action for malpractice. In addition, a doctor published an article in a ...
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