Masri v. Masri

48 Va. Cir. 5, 1999 Va. Cir. LEXIS 14
CourtChesterfield County Circuit Court
DecidedJanuary 4, 1999
DocketCase No. CH98-92
StatusPublished

This text of 48 Va. Cir. 5 (Masri v. Masri) is published on Counsel Stack Legal Research, covering Chesterfield County Circuit Court primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Masri v. Masri, 48 Va. Cir. 5, 1999 Va. Cir. LEXIS 14 (Va. Super. Ct. 1999).

Opinion

By Judge Randall G. Johnson

This divorce case, in which a final decree was entered on June 3,1998, is before the court on defendant-wife’s request for equitable distribution, spousal support, and attorney’s fees and costs, as well as her request feat Dr. Masri be held in contempt for failing to comply wife a previous order requiring him to pay pendente lite spousal support. Ah ore terms hearing was held on December 17, 1998. The parties have also submitted as evidence depositions taken in April 1998.

Dr. and Ms. Masri were married on December 26,1961. Dr. Masri is 62 years old; Ms. Masri is 58. They are bofe in good health. At feé time of their marriage, Dr. Masri, who was then not an American citizen, was a fourth-year medical student at the University of Virginia. From 1961 to 1966, the parties had two children, and Ms. Masri, a nurse, worked full time to support fee family while Dr. Masri completed his medical residency. In 1966, fee family moved to Petersburg where Dr. Masri set up his psychiatric practice. Both parties also worked at Petersburg General Hospital (now Soufeside Regional) in the psychiatric unit. In 1967, Dr. Masri became a United States citizen, having been sponsored by Ms. Masri.

From all indications, Dr. and Ms. Masri were a very happy and secure couple during fee first twenty-five years or so of their marriage. Shortly after [6]*6moving to Petersburg, they had two more children; Dr. Masri began earning relatively large sums of money from his psychiatric practice; Ms. Masri became a traditional housewife; and their family life was good. This all changed, however, in 1988.

In 1988, Dr. Masri, who made all of die financial, business, and investment decisions for the family, experienced a rapid decline in his financial affairs. He made and engaged in what proved to be unwise investment decisions, bad loam, and Med joint ventures. By the end of 1991, the parties were in dire financial straits, most of their assets had been liquidated to keep the family “afloat,” and Ms. Masri was forced to return to outside employment as a psychiatric nurse. Their fortunes continued to decline, however, and in 1993, they filed for bankruptcy. They lost their marital home in Colonial Heights, a cottage in Nags Head, North Carolina, a home in Lake Tahoe, Nevada, and, according to Ms. Masri, “everything else.” In 1994, Dr. Masri was investigated for Medicaid and insurance fraud. He eventually pleaded guilty to one count of mail fraud and spent five months in federal prison. He also lost his medical license, while he was in prison, Ms. Masri did die best she could to pay the family bills, and she visited Dr. Masri every week.

In 1995, Dr. Masri’s medical license was returned to Mm. Although he was not allowed to participate in insurance plans because of Ms felony conviction, he was allowed to see patients. With their combined incomes, he and Ms. Masri were able to pay their bills and, although not nearly as financially comfortable as they had been, appeared to be making filings work. On May 26,1996, however Ms. Masri returned home from work and found that Dr. Masri had left and that most of Ms clothes were gone. It was not until her daughter called her that she learned that Dr. Masri had left the country and gone to the Middle East, where he is from. Although he had been making plans to leave for several months, he had given Ms. Masri no notice of Ms plans and had never said anything to her to make her aware of Ms impending departure. As a result, Ms. Masri was suddenly forced to deal single-handedly with all of the accounts from Dr. Masri’s psycMatric practice and all of the parties’ marital debts, including an Internal Revenue Service lien of nearly $400,000.00 that resulted from erroneous refunds previously paid to the parties and spent before the error was detected.

In January 1997, wMle still in the Middle East, Dr. Masri’s medical license was again suspended, tMs time for not complying with the terms of Ms probation. Specifically, Dr. Masri did not perform community service and take an educational course in billing practices as required. Although he worked as a doctor in fire Middle East, he never received any compensation other than [7]*7expenses. He returned to the United States in September 1997 and has not worked since then. On the other hand, Ms. Masri has been gainfully employed since 1991, often working two jobs, and she continued to pay the parties’ joint debts while Dr. Masri was in jail and even while he was in the Middle East. Based on all of these facts, the court makes the following rulings.

I. Equitable Distribution

The parties have the following marital property:

A. Colonial Heights Property

The parties own four acres of land in the City of Colonial Heights which is assessed for tax purposes at $2,500.00. The court finds that to be its fair market value. The parties agree that it should be awarded to Ms. Masri.

B. Petersburg Property

Dr. Masri is a joint owner of a building in Petersburg which formerly housed his medical office. Two other doctors are the other owners. The property was purchased in 1970 while Dr. and Ms. Masri were married, so Dr. Masri’s share is marital property. The court find that the property has a fair market value of $268,800.00, which is die tax assessment, and Dr. Masri owns an undivided one-fourth interest in it. The parties ask that this property be awarded to Dr. Masri.

C. Partnership Interests

The parties are joint owners of interests in three partnerships. No evidence was presented as to the value of the partnerships, and Ms. Masri has waived all of her interest in diem.

D. Stock

Dr. Masri owns 25.607 shares of The Equitable Companies, Inc., worth $2,024.06. The shares are marital property.

[8]*8E. Individual Retirement Account

The final item of marital property before the court is the only one that is significantly in dispute. This is Dr. Masri’s IRA, which has a present value of $57,456.07. It is being held in escrow by Dr. Masri’s attorney pending resolution of this action.1

As already noted, the parties have agreed that Ms. Masri will receive the real property in Colonial Heights and that Dr. Masri will receive the real property in Petersburg. Ms. Masri has also waived her interest in the three partnerships, on which no evidence of value was presented. Ms. Masri now asks the court to award her Dr. Masri’s stock in The Equitable Companies, all of his IRA, and a cash payment in the amount of $10,626.00. This, she says, will achieve an almost even distribution of the parties’ property after giving her credit for payments she made toward the parties’ marital debt while Dr. Masri was in jail and while he was out of the country. On the other hand, Dr. Masri asks the court to use $3,500.00 to purge his contempt of the court’s previous spousal support order, which will be discussed in more detail later, and to make a more even distribution of his stock and the remainder of his IRA. He argues that Ms. Masri has received all, or nearly all, of the parties’ personal property, as well as numerous items of jewelry he gave to her during the marriage, and that a more even distribution of his IRA and stock is appropriate. The court concludes that Ms. Masri’s scheme of distribution is infinitely more reasonable than Dr.

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Bluebook (online)
48 Va. Cir. 5, 1999 Va. Cir. LEXIS 14, Counsel Stack Legal Research, https://law.counselstack.com/opinion/masri-v-masri-vaccchesterfiel-1999.