Question
9. At their Dissolution trial, H&W introduced the following evidence. Their house is titled in joint tenancy and has a net value of $400,000. W
9. At their Dissolution trial, H&W introduced the following evidence. Their house is titled in joint tenancy and has a net value of $400,000. W paid $20,000 from her separate property as the downpayment for the house in 1990. W has a pension from her employment worth $150,000. H's pension is valued at $250,000. The household furniture is worth $20,000. There are two automobiles: a 1986 Volvo, that W drives and a 2001 Mercedes that H drives, the titles to which are in both names. H started his medical practice one-year after marriage; it was valued at $350,000 as of the date of trial. The court proposed to divide the property as follows: The residence and furniture, Volvo, Mercedes, W's pension and the downpayment to W. The practice and H's pension to H. Is the Court correct in its proposed division?
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Smith and Roberson Business Law
Authors: Richard A. Mann, Barry S. Roberts
15th Edition
1285141903, 1285141903, 9781285141909, 978-0538473637
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