Childers v. Childers

605 S.E.2d 266, 167 N.C. App. 370, 2004 N.C. App. LEXIS 2220
CourtCourt of Appeals of North Carolina
DecidedDecember 7, 2004
DocketNo. COA04-68
StatusPublished

This text of 605 S.E.2d 266 (Childers v. Childers) is published on Counsel Stack Legal Research, covering Court of Appeals of North Carolina primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Childers v. Childers, 605 S.E.2d 266, 167 N.C. App. 370, 2004 N.C. App. LEXIS 2220 (N.C. Ct. App. 2004).

Opinion

THORNBURG, Judge.

Keith H. Childers ("defendant") appeals from an equitable distribution, alimony, and attorney fees order entered 1 July 2003 and an order denying defendant's request for a decrease in his child support and post-separation support obligations entered 5 September 2003.

Beverly J. Childers ("plaintiff") and defendant were married on 30 March 1985 and have two children from the marriage, born 7 May 1988 and 1 September 1991. Plaintiff and defendant separated on 14 July 2002. On 15 July 2002, plaintiff filed a complaint for child custody, child support, post-separation support, alimony,equitable distribution and attorney fees. On 23 September 2002, the district court entered an order requiring defendant to pay child support and post-separation support. On 11 February 2003, defendant filed a motion requesting that the court reduce his child support payments and eliminate his post-separation support payments. A hearing on these matters was conducted on 11 and 12 March 2003 in New Hanover County District Court. The court issued orders on 1 July 2003 and 5 September 2003 addressing these matters. On appeal, defendant contends that the trial court erred in its classification and distribution of a First Union CAP account, in making an unequal distribution to plaintiff, in awarding alimony to plaintiff, and in denying defendant's motion to decrease child support and post-separation support.

Classification of the First Union CAP Account

Defendant first argues that the trial court erred by finding and concluding that the First Union CAP account was marital property. N.C. Gen. Stat. . 50-20 requires the trial court to classify the parties' property as marital or separate. This section defines marital and separate property as follows:

"Marital property" means all real and personal property acquired by either spouse or both spouses during the course of the marriage and before the date of the separation of the parties, and presently owned, except property determined to be separate property or divisible property . . . . It is presumed that all property acquired after the date of marriage and before the date of separation is marital property except property which is separate property . . . . This presumption may be rebutted by the greater weight of the evidence.

"Separate property" means all real and personal property acquired by a spouse before marriage or acquired by a spouse by bequest, devise, descent, or gift during the course of the marriage . . . . Property acquired in exchange for separate property shall remain separate property regardless of whether the title is in the name of the husband or wife or both and shall not be considered to be marital property unless a contrary intention is expressly stated in the conveyance. The increase in value of separate property and the income derived from separate property shall be considered separate property.

N.C. Gen. Stat. § 50-20(b)(1),(2)(2003).

It is undisputed that the property at issue was acquired during the marriage, before the date of separation, and is presently owned. Defendant, however, contends that the trial court erred by not classifying a portion of the account as defendant's separate property. Specifically, defendant points to evidence that his father provided $10,000 and his mother provided $3,000 to fund the account to further his contention that portions of the account are defendant's separate property.

The trial court made the following finding of fact in regard to these events:

At separation, the parties had a joint account at First Union which consisted of $9,922.32 in the "money market account" and 3100 shares of Parametric Technology Corp. stock at $3.06 per share, for a total value, at separation of $19,408. Defendant contended that this account contained money that he had received from his father and had used the funds and invested them on his father's behalf in Parametric Technology stock. Defendant further contended that the account contained money that he had received from his mother to invest in Terex stock but that he had failed to invest said sum for her. The Court finds that funds were deposited into and withdrawnfrom this account by Defendant on a regular basis; that Defendant bought and sold Parametric Technology stock several times since 1997; that the funds received from said sales were, from time to time, a part of this CAP account; and that Defendant reported the gains and losses on these sales of stock on the parties' joint tax returns for the applicable years. The Court finds that Defendant cannot trace the funds received from his father and his mother into the funds which were on deposit at the time of separation and the Court therefore finds that the balance in the CAP account at separation is martial property.

A trial court's determination that property is to be labeled marital or separate will not be disturbed on appeal if there is competent evidence to support the determination. Minter v. Minter, 111 N.C. App. 321, 329, 432 S.E.2d 720, 725, disc. review denied, 335 N.C. 176, 438 S.E.2d 201 (1993). After careful review of the record on appeal, we conclude that the trial court did not err in classifying this account as marital property.

In Minter, the defendant presented evidence that he received inheritances of investment securities, and that he purchased various other assets with funds from the sale of these inheritances. Id. at 323-24, 432 S.E.2d at 722. There was no dispute that the contested assets were acquired during the marriage. This Court found that "[o]nce this showing [that the assets were acquired during the marriage] had been made, the burden of proof necessary to show that the assets were marital had been met. The burden then shifted to the defendant to show that the source of the contested property was separate property[.]" Id. at 327, 432 S.E.2d at 724. The defendant in Minter testified that hecould not trace all of the various assets he inherited to the assets he and his wife owned on the date of separation. Id. at 328, 432 S.E.2d at 725. The defendant had placed funds from various sources into the various accounts, and from these accounts other investments were purchased, including the contested assets. Id. at 323, 432 S.E.2d at 722.

As in Minter,

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Related

Minter v. Minter
432 S.E.2d 720 (Court of Appeals of North Carolina, 1993)
Atwell v. Atwell
328 S.E.2d 47 (Court of Appeals of North Carolina, 1985)
Bowes v. Bowes
214 S.E.2d 40 (Supreme Court of North Carolina, 1975)
Coble v. Coble
268 S.E.2d 185 (Supreme Court of North Carolina, 1980)

Cite This Page — Counsel Stack

Bluebook (online)
605 S.E.2d 266, 167 N.C. App. 370, 2004 N.C. App. LEXIS 2220, Counsel Stack Legal Research, https://law.counselstack.com/opinion/childers-v-childers-ncctapp-2004.