Marital Assets Divided Equally Despite Wife Bringing House to Marriage
Tennessee case summary on property division in divorce. Tracy Marie Haltom v. Gregory Wayne Haltom The wife in this Rutherford County, Tennessee, case filed for divorce in 2017 after twelve years of marriage. There were no children, and neither party asked for alimony. They agreed to the division of many assets, but were unable to […]
Read More»Not Dissipation of Assets Transferring to Joint Account w/ Son
Tennessee case summary on dissipation and appreciation of separate property in divorce. Lori Ann Amacher v. Stanley Dwight Amacher The husband and wife in this Franklin County, Tennessee, case were married in 1981. They had two children, both of whom had reached the age of majority prior to their 2014 divorce. The husband had formed […]
Read More»Property Owned by Doctor Before Marriage Ruled Marital Assets
Tennessee case summary on marital or separate property in divorce. Louise Helen Pack Dover v. Norris Lee Dover The husband and wife in this Knox County, Tennessee, case were married in 2000 and had two children. The husband was an anesthesiologist, and the wife was mostly a stay-at-home mom during the marriage. The husband had […]
Read More»Divorce After Husband Charged with Trying to Have Wife Murdered
Tennessee divorce case summary. Leslie Burnett Montgomery v. Gary Alan Montgomery The husband and wife in this Davidson County, Tennessee, case were married in 2002 and had no children. It was the husband’s second marriage and the wife’s first. The wife filed for divorce in 2016, alleging among other things an attempt on her life. […]
Read More»Business Property, Even if Gift to Wife, Transmuted to Marital Property
Tennessee case summary on property division classification and transmutation in divorce. Wanda Sue Binkley v. Allen Dale Binkley The husband and wife in this Montgomery County, Tennessee, case were married in 1986. The wife filed for divorce in 2017, and the case went to trial before Judge Ted A. Crozier late that year. After a […]
Read More»Gifts to Wife During Marriage Are Her Separate Property
Hanover v. Hanover, 775 S.W.2d 612 (Tenn. Ct. App. 1989). In this 1989 case, after 31 years of marriage, the husband was granted a divorce on the grounds of cruel and inhuman treatment. Among other issues, the wife argued that many pieces of personal property were her individual property, and that the trial court had […]
Read More»Property Lost Prior to Divorce No Longer Exists and Can’t Be Marital Property
Flannary v. Flannary, 121 S.W.3d 647 (Tenn. 2003) In the run-up to Y2K, Mr. Flannary decided that the couple’s money wasn’t safe in the bank. Therefore, starting in September 1999, he started making withdrawals, either $8000 or $10,000 at a time, in hundred-dollar bills. He placed the money, totaling $48,000, in his bedroom drawer, with […]
Read More»Enterprise Goodwill of Dental Practice is Separate When Intertwined with Professional Goodwill
Lunn v. Lunn, No. E2014-00865-COA-R3-CV (Tenn. Ct. App. June 29, 2015). The professional goodwill of a one-person professional practice is the professional’s separate property, and this rule was discussed in the Lunn case. Andrew Lunn, DDS, brought a divorce action against his wife Carole in 2011. They were married in 1995 and had three children, […]
Read More»Lawyer’s Assets May Be Marital Property But Professional Goodwill is Separate Property
Bloggers note: Smith is another important, if not iconic case, family lawyers and business valuation experts should know well. Smith v. Smith, 709 S.W.2d 588 (Tenn. Ct. App. 1985) Angelyn Jenkins Smith and Ewing Smith were married in 1952. Mr. Smith was an attorney and was first licensed in 1956. He was a 30% partner […]
Read More»Professional Goodwill of Medial Practice is Separate Property
Bloggers note: Hazard is considered by many of Tennessee’s most experienced forensic accountants to a be a cornerstone case that all forensic accountants and family lawyers should study and know. Hazard v. Hazard, 833 S.W.2d 911 (Tenn. Ct. App. 1991) Patrick and Myra Hazard were married in 1980 At the time of the marriage, Mrs. […]
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