Summary
The Supreme Court of Georgia affirmed a divorce decree awarding the wife a Massachusetts property as part of the equitable division of marital assets. The court held that the trial court had sufficient evidence to find that the husband's equitable interest and any increase in value attributable to marital contributions were nominal, despite the absence of a current property valuation.
Holdings
- A current valuation was not required because the parties lacked evidence of the property's value at the time of marriage, making the increase in net equity attributable to marital contributions impossible to measure, and the trial court had other evidence supporting its finding that the marital increase was nominal.
- The trial court did not abuse its broad discretion in awarding the property to Wife as part of the equitable division of marital property because ample evidence supported its conclusion that Husband's equitable interest was nominal.
Questions Presented
- Whether the trial court abused its discretion by awarding the Massachusetts property to Wife as part of the equitable division of marital assets without a current valuation of the property.
- Whether the trial court had sufficient evidentiary support to determine that any increased value attributable to Husband's contributions and marital expenditures was nominal.
Disposition
affirmed
Cases Cited (5)
- Newman v. Patton, 286 Ga. 805, 806, 692 S.E.2d 322 (2010)(followed)
- Wright v. Wright, 277 Ga. 133-134(1), 587 S.E.2d 600 (2003)(followed)
- Pollard v. Pollard, 279 Ga. 57(1), 609 S.E.2d 354 (2005)(followed)
- Hubby v. Hubby, 274 Ga. 525, 556 S.E.2d 127 (2001)(followed)
- Dupree v. Dupree, 287 Ga. 319, 322(4), 695 S.E.2d 628 (2010)(followed)
Cited In (0)
No citing cases on record yet.
Court Document
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