Rohde v. Rohde

by
The Supreme Court affirmed the decree dissolving Appellant's marriage to Appellee, holding that the district court did not abuse its discretion in determining the valuation dates for the marital assets and in classifying, valuing, and dividing the marital estate. On appeal, Appellant challenged the division of property, asserting that all assets must be valued using a single date and that a coverture formula was required to establish the premarital value of a business. The Supreme Court disagreed, holding (1) using a single date to value all assets would imagine upon the discretion necessary to equitably divide a marital estate, and therefore, the district court did not abuse its discretion in valuing marital assets on dates that rationally related to the property being divided; and (2) the coverture formula depends upon speculation and assumptions generally inconsistent with such valuations, and therefore, the district court did not abuse its discretion when it declined to apply that method. View "Rohde v. Rohde" on Justia Law