Marriage of Gottsacker v. Gottsacker

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

• holding that AAA in subchapter S corporation of which the spouse was a part owner was nonmarital property
• holding that an Accumulated Adjustment Account (AAA) in a subchapter S corporation was nonmarital property on the dual bases that the wife had no control over distributions from the AAA and that no marital effort increased the value of the wife’s interest in the AAA
• degree of control shareholder spouse can exercise over corporation determines whether retained earnings are marital or nonmarital asset
• “If the interest is ‘income’ from the nonmarital asset, it is marital income.”
• “Cash dividends ... [are] income and; therefore, [are] marital property.”

Source: CourtListener parenthetical corpus (CC0).