Category: Property Division

Wetzel v. Wetzel

Trial court erred in dividing stock in kind. Where there are sufficient assets, any form of joint control or ownership of assets by divorced people should be avoided. The elimination of the source of strife and friction is sought and the financial affairs of divorced parties separated as far as possible.

Ashraf v. Ashraf

(1) Court gave due consideration to husband’s costs and tax considerations in making property division. (2) Court abused its discretion by using its own figure of 15% as a tax reduction on retirement plans, thus ignoring uncontradicted expert opinion.