In Matter of Estate of Lloyd

Cite

170 Wis.2d 240, 487 N.W.2d 644 (WI Ct. App., 1992)

Summary

(1) Tracing requires records of each transaction from acquisition to termination of marriage. (2) Establishing character and identity of property is a question of law. (3) Wife’s assumption of food, clothing and shelter expenses were nothing more than performance of usual and normal marital responsibilities, and do not entitle her to share in appreciation. (4) While placing separate property into joint funds changes character, the opposite is not true – taking funds out of a joint account does not make them separate.

[ Full Opinion ]