equitable distribution Flashcards
What presumption should an appellate court have regarding equitable division awards?
An appellate court should approach an equitable division award with a presumption that the family court acted within its broad discretion.
What is the family court’s discretion regarding the division of marital property?
The division of marital property is within a family court’s discretion and will not be disturbed on appeal absent an abuse of that discretion.
What does an appellate court consider when reviewing the apportionment of marital property?
An appellate court looks to the overall fairness of the apportionment.
Is it relevant if the appellate court would have arrived at a different apportionment?
If the end result is equitable, the fact that the appellate court would have arrived at a different apportionment is irrelevant.
What is marital property?
Marital property includes all real and personal property acquired during a marriage and owned as of the date of filing or commencement of marital litigation.
S.C. Code Ann. § 20-3-630(A) (Supp. 2009)
What is the doctrine of equitable distribution?
The doctrine of equitable distribution recognizes marriage as an economic partnership and aims to divide property acquired during the marriage fairly.
How should property be divided upon dissolution of marriage?
Property should be divided in a manner that fairly reflects each spouse’s contribution to its acquisition, regardless of legal title.
what are the equitable distribution factors that the court MUST give weight to. 15
- Duration of marriage and age at time of marriage and time of divorce;
- Martial misconduct or fault either or both parties, if impacted $ or contributed to breakdown of relationship
- value of the martial property and contribution each spouse put towards appreciation/depreciation; includes contribution as homemaker
- income/earning potential/opportunity for future acquisition of capital assets for each spouse
- health (physical/mental) of each spouse
- spouse need for additional training or edu to reach spouse income potential
- non-marital property of each spouse
- existence/nonexistence of vested retirement benefits
9.whether separate maintiance or alimony has been awarded
- desirability of awarding the fam home as part of distribution or right to live there for reasonable time to the spouse that got the kids
- tax consequences
- existence/extent of prior support obligations
- leins/other encumbrances on the marital property/any other debts
- chikd support obligations
16 any other facotrs
What burden does the spouse claiming an equitable interest in property have upon dissolution of marriage?
The burden of proving the property is part of the marital estate.
What must the opposing spouse do if he wishes to claim the property is not part of the marital estate?
He has the burden of presenting evidence to establish its nonmarital character.
What must a spouse claiming nonmarital property has been trasnmuted to marital property must show
The spouse must produce objective evidence showing the parties regarded the property as common property of the marriage during the marriage.
What are examples of evidence of transmutation?
Examples include jointly titling the property, using the property exclusively for marital purposes, commingling the property with marital property, or using marital funds to build equity in the property.
Is the mere use of separate property sufficient to establish transmutation?
No, the mere use of separate property to support the marriage is not sufficient without additional evidence of intent to treat it as property of the marriage.
What determines whether separate property has been transmuted into marital property?
It is a matter of intent to be gleaned from the facts of each case.
what must a court do in making an equitable distribution determination (4 things)
(1) identify the marital
property, both real and personal
(2) determine the fair market value of the property so identified (valued as of the date of martial litigation filed)
(3) identify the proportionate contributions, both direct and indirect, of each party to aquiring the martial property, and
(4) provide for an equitable division of the marital estate,
even if property begins as nonmartial, when can non marital property be considered transmuted into marital property during the marriage (3)
(1) if it becomes so commingled with marital property as to be
untraceable;
(2) if it is titled jointly; or
(3) if it is utilized by the parties in support of the marriage or in some other manner so as to evidence an intent by the parties to make it marital property
What is nonmarital property?
Property acquired by either party before the marriage is nonmarital property.
S.C. Code Ann. § 20-7-473(2).
how is transmutation fact dependent
it is a matter of intent to be gleaned from the facts of each case.
What happens to marital property in the form of earnings?
It becomes marital property in the form of appreciation in the value of the nonmarital estate.
What interest does a spouse have in improvements to nonmarital property?
A spouse has an equitable interest in improvements to property to which she has contributed, even if the property is nonmarital.
What is ‘marital debt’?
‘Marital debt’ is debt incurred for the joint benefit of the parties, regardless of legal liability.
Do the same rules apply to marital debts as to marital property?
Yes, the same rules of fairness and equity apply to both marital property and marital debts.
Who bears the burden of proof for nonmarital debt?
The burden of proving a spouse’s debt as nonmarital rests upon the party making the assertion.
What is the presumption regarding debts incurred before marital litigation?
There is a rebuttable presumption that a debt incurred by either spouse prior to marital litigation is a marital debt.