In Re Marriage of Ayres v. Ayres
Court properly found that the appreciate value of gifted shares of stock resulted from “the general accumulation efforts of previous generations and general market conditions” and were therefore nonmarital.
Court properly found that the appreciate value of gifted shares of stock resulted from “the general accumulation efforts of previous generations and general market conditions” and were therefore nonmarital.
Trial court erroneously exercised discretion when it included appreciation of a farm in the marital estate based on contributions to marriage as a whole rather than the individual contributions of each party.
Where the appreciated value of separate property is due solely to general economic conditions, such a inflation or normal appreciate of real estate values, the property remains separate.