Trial court properly found that wife’s student loans (much of which were premarital) were included in the marital estate. The marital estate includes all assets and debts acquired during or before marriage unless specifically exempted by statute.
The court did not have to consider the tax consequences of husband’s withdrawal from his IRA to make the equalization payment since it was anticipated that he would sell or refinance the homestead. Husband’s choice to raise funds through a method which resulted in a penalty is his erroneous exercise of discretion, not the court’s.
Trial court affirmed for providing husband with ten years, without interest, for paying wife for her interest in his employer’s stock where he could not sell or transfer the stock per the shareholder’s agreement. (Not published, but citeable)