Katherine Cassell v. William Cassell

CourtMississippi Supreme Court
DecidedJune 20, 2024
Docket2023-CA-00213-SCT
StatusPublished

This text of Katherine Cassell v. William Cassell (Katherine Cassell v. William Cassell) is published on Counsel Stack Legal Research, covering Mississippi Supreme Court primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Katherine Cassell v. William Cassell, (Mich. 2024).

Opinion

IN THE SUPREME COURT OF MISSISSIPPI

NO. 2023-CA-00213-SCT

KATHERINE CASSELL

v.

WILLIAM CASSELL

DATE OF JUDGMENT: 02/08/2023 TRIAL JUDGE: HON. E. VINCENT DAVIS TRIAL COURT ATTORNEYS: JENNIFER LEIGH BOYDSTON DAVID BRIDGES B. BLAKE TELLER COURT FROM WHICH APPEALED: CLAIBORNE COUNTY CHANCERY COURT ATTORNEY FOR APPELLANT: DAVID BRIDGES ATTORNEY FOR APPELLEE: B. BLAKE TELLER NATURE OF THE CASE: CIVIL - DOMESTIC RELATIONS DISPOSITION: AFFIRMED - 06/20/2024 MOTION FOR REHEARING FILED:

BEFORE RANDOLPH, C.J., COLEMAN AND CHAMBERLIN, JJ.

CHAMBERLIN, JUSTICE, FOR THE COURT:

¶1. Katherine Cassell (Kathy) appeals from a final judgment of divorce. She argues that

William Cassell (Bill) did not rebut the marital property presumption with regard to two

separate tracts of land and that the chancellor should have fully considered and granted an

award of lump sum alimony. The chancellor did not err in his findings of fact and conclusions

of law, and, therefore, the judgment is affirmed.

FACTS AND PROCEDURAL HISTORY

¶2. Kathy and Bill married on August 17, 1991, in Claiborne County. They did not have any

children together, but they each had children from previous marriages. Prior to the marriage, Bill and his two siblings had inherited land in Mississippi from their mother. Along with their

father, Bill and his siblings formed Waterloo Farms, Inc. (Waterloo), in 1987, which held title

to the inherited land. In addition to the inherited land, Waterloo owned land consisting of two

tracts—Tract One and Tract Two—located in Claiborne County. Tract One was an

amalgamation of inherited land and land that Waterloo purchased from Mississippi River

Lodge, LLC in 2008. Tract Two was purchased by Waterloo in 1990 from James Beesley. In

that same year, Waterloo sold a portion of Tract Two to Black Creek Planting Company, Inc.

Subsequently, Waterloo bought the portion of Tract Two back from Black Creek Planting

Company, Inc., in 1997.

¶3. In 1996, after Kathy and Bill were married, Bill began farming as Valley of the Moon

Farms, LLC (VOM). VOM was owned 50 percent by Bill and 50 percent by Moon Planting

Company, Inc. (MPC). MPC was formed by Bill’s father, and in 1998, he transferred 99

percent of MPC’s ownership to Kathy and 1 percent to Bill. In summary, VOM was owned 50

percent by Bill and 50 percent by MPC—of which Bill owned 1 percent and Kathy owned 99

percent.

¶4. Kathy and Bill maintained two bank accounts—one personal joint account and one

account for VOM. Revenue from VOM was deposited into the VOM account and from there,

money would be transferred into Kathy and Bill’s joint personal account for monthly expenses.

VOM would also pay both Kathy and Bill’s personal credit cards. In addition to the couple’s

personal expenses, the VOM account paid all of VOM’s business expenses, such as rent to

Waterloo to farm the land, farm equipment, fuel and seed. Bill also received distributions from

2 Waterloo, which he would place in the VOM account.

¶5. In 2006, Bill, his brother and Fred Hart purchased property in Kansas using money from

Waterloo distributions. In 2012 or 2013, they exchanged the property in an Internal Revenue

Code Section 1031 tax-free exchange1 for a second piece of property in Kansas. Bill testified

that in 2019, this second property was either similarly exchanged under Section 1031, or it was

sold, and the proceeds were used to acquire property from Daniel and Ashley Turley (Turley

Property). A warranty deed conveying the second property to Lamar and Jacob Perry was

signed by Kathy along with Bill and his brother. Bill testified that Kathy’s signature was

required to convey the property according to Kansas state law. There were no deeds entered

into evidence that identified Kathy as a grantee of any of the properties in Kansas. When Bill

and his brother obtained the Turley Property, Bill received a two-thirds interest, while his

brother received a one-third interest. Only Bill and his brother signed the warranty deed for the

Turley Property, acknowledging the receipt of the property.

¶6. In 2020, Bill and his brother purchased another property in Kansas from Kenneth and

Julia Thompson and Wayne and Glenda Thompson (Thompson Property) using money from

a tax-free exchange of land combined with cash that came out of the VOM account. Bill

testified that the cash from the VOM account used to acquire the Thompson Property was

money he received as a distribution from Waterloo. He could not point to a specific Waterloo

distribution, however, and he admitted on cross-examination that the funds were placed into

the VOM account and that the check used to purchase the Thompson Property came from the

1 Simply put, Section 1031 allows for the exchange of property for property without the recognition of a gain or loss for tax purposes.

3 VOM account, stating, “I put in distributions all along, and I don’t have any other accounts.

I just put it in Valley of the Moon Farms. I thought it was the same as me.”

¶7. After thirty years of marriage, the couple separated in 2021, and Kathy filed for divorce

on the grounds of uncondoned adultery and, alternatively, habitual cruel and inhuman

treatment and irreconcilable differences. Both Kathy and Bill stated that their interests had

diverged and they had grown apart over the years. This divergence of interests is what Bill

claimed led him to have an affair. Kathy sought an equitable division of the marital estate,

permanent periodic alimony, lump sum alimony and for Bill to maintain her medical and dental

insurance and his own life insurance for which she was the sole beneficiary. Kathy also

requested reasonable attorneys’ fees.

¶8. On November 22, 2021, the chancery court entered an Agreed Temporary Order, which

awarded Kathy temporary alimony in the amount of $7,610 per month, maintenance of her

health insurance premiums and exclusive use and possession of the marital residence and its

contents. The order also governed the operations of VOM and MPC. After the order was

entered in November, Bill and his brother formed Moon Land Company, LLC (MLC), in

December 2021. Bill and his brother exchanged their stock in Waterloo with their sister for

title to Tract Two through MLC. In summary, Bill was left with a 50 percent interest in

MLC—which owned Tract Two—and he no longer had an ownership interest in Waterloo.

¶9. A trial took place from June 29 to July 1, 2022. On February 8, 2023, the chancellor

entered a final judgment of divorce and his findings of fact and conclusions of law. The

chancellor granted the divorce on the ground of uncondoned adultery. Among other assets, the

4 chancellor classified Tract Two and the Turley Property as Bill’s separate property, and

classified the Thompson Property and the VOM account as marital property. In total, Bill’s

separate property was valued at $5,341,640.14. After classifying and equitably dividing the

various marital assets applying the Ferguson2 factors, the chancellor considered Kathy’s

alimony request weighing the Armstrong3 factors and awarded her permanent periodic alimony

in the amount of $7,500 per month. In total, Kathy was awarded permanent periodic alimony

and 40 percent of the marital estate, and the court ordered Bill to maintain life insurance for

which Kathy was the sole beneficiary in the amount of $500,000 and to maintain Kathy’s

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