Schuman v. Schuman

How courts have described this case

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

• holding that the trial court should not consider tax liabilities unless the court finds that sale of non-retirement property is “reasonably certain” to occur
• concluding that trial court erred by considering tax consequences of sale of business in valuing marital property when “there was no evidence that the business was going to be sold in the near future”
• disapproving of prior case to extent it could be interpreted to mean that nonmarital property which during marriage is titled in joint tenancy cannot be considered as nonmarital asset in dissolution of marriage action
• husband entitled to credit for downpayment he made on his business, when downpayment was made with separate funds, prior to his marriage
• if inheritance can be identified, it is to be set aside to inheriting spouse and eliminated from marital estate
• trial court’s valuation of closely -7- held corporation in dissolution proceeding is reasonable if it has acceptable basis in fact and principle

Source: CourtListener parenthetical corpus (CC0).