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You Are Here: Classification of Assets
        Restricted51. Divorce Source: INTERSPOUSAL TRANSFERS AROUND TIME OF DIVORCE
(�1998) When a marital asset is transferred between divorcing spouses to prepare for the ultimate distribution of property, the transferred asset retains its marital character. ...
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        Restricted52. Divorce Source: GIFTS TO CHILDREN AS DISTRIBUTABLE PROPERTY
(�1998) The trial court ruled that the account was marital and ordered a division. An appeals court held, however, that the account was nonmarital because it could be traced to a nonmarital source. ...
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        Restricted53. Divorce Source: CLASSIFICATION OF SOFTWARE CREATED DURING MARRIAGE
(�1998) The value of software written by the husband during the marriage was marital property ...
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        Restricted54. Divorce Source: VALIDITY OF DECREE DUE TO A MISTAKE OF THE LAW
(�1998) This case makes the simple but important point that any errors by the trial court in classifying and distributing property must be challenged by way of direct appeal rather than by waiting and assert ...
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        Restricted55. Divorce Source: CLASSIFICATION OF WRONGFUL DEATH SETTLEMENT
(�1998) Two years after the parties got married, the wifes daughter from a prior union died. The wife filed a wrongful death and survival action in connection with her daughters death. The action was eventually ...
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        Restricted56. Divorce Source: CLASSIFICATION OF PROPERTY ACQUIRED DURING PREMARITAL COHABITATION
(�1998) For the purpose of classifying assets as separate or marital, the trial court cannot include any period of cohabitation that may have occurred before the parties married ...
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        Restricted57. Divorce Source: MEDICAL DEGREE EARNED DURING MARRIAGE
(�1998) The court refused to follow New Yorks minority approach characterizing degrees and licenses acquired during marriage as marital property. That approach is based exclusively on a unique statutory ...
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        Restricted58. Divorce Source: Support Received During Marriage from Former Spouse
(�1998) If a spouse who was previously married receives support payments during the marriage, that money is nonmarital property, the Iowa Court of Appeals held in ...
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        Restricted59. Divorce Source: SPOUSE HAS LAW PRACTICE AS A CONTRACT ATTORNEY
(�1998) The trial court did not err in adopting the values reported to the Internal Revenue Service as the value of stock shares gifted to the husband during the parties marriage ...
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        Restricted60. Divorce Source: SPOUSE HAS LAW PRACTICE AS A CONTRACT ATTORNEY
(�1998) The trial court did not err in adopting the values reported to the Internal Revenue Service as the value of stock shares gifted to the husband during the parties marriage ...
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