McIntyre v. McIntyre

722 S.W.2d 533, 1986 Tex. App. LEXIS 9395
CourtCourt of Appeals of Texas
DecidedDecember 31, 1986
Docket04-86-00138-CV
StatusPublished
Cited by22 cases

This text of 722 S.W.2d 533 (McIntyre v. McIntyre) is published on Counsel Stack Legal Research, covering Court of Appeals of Texas primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
McIntyre v. McIntyre, 722 S.W.2d 533, 1986 Tex. App. LEXIS 9395 (Tex. Ct. App. 1986).

Opinion

OPINION

CANTU, Justice.

In this appeal, appellant Leo Robert McIntyre, complains of the division of property made by the trial court in a divorce action brought by the appellee, Marian McIntyre. The parties were married in 1968 and separated in 1984. There are three children of the marriage.

A divorce was granted on January 7, 1986, and appellee was named managing conservator of the children. The court divided the property of the parties and awarded attorney’s fees to appellee’s attorney. Appellant’s first four points of error complain of the property division, alleging that the trial court abused its discretion in ordering an unequal and disproportionate division of the community assets and debts that is manifestly unjust and inequitable, and in setting certain community assets at valuations which are without support in the record and which values are further against the great weight and preponderance of the evidence.

Specifically, appellant complains that a limited partnership, known as the Parman Properties Joint Venture and Stone Oak, in which the parties had an interest, was overvalued. Appellant valued the partnership interest at $200,000.00 in his deposition taken in January 1985. Approximately $67,-000.00 was owed in connection with the partnership at the time of trial. Appellant offered evidence at trial that a third party who had been interested in purchasing the interest for $73,000.00 was no longer interested in buying it at any price. The trial court valued the partnership interest at $200,000.00. Appellant also complains of the trial court’s finding that a Dominion Country Club Membership was worth $17,-500.00. He claims that the evidence established that it was purchased for $6,500.00 and that it currently had no equity value.

The property division required the family residence to be sold. Proceeds from the sale were to be distributed first to discharge the lien on the property, then to discharge all indebtedness owed in connec *535 tion with the Parman Property Joint Venture. Appellee was to receive 75% of the remaining proceeds, from which she was to pay her attorney $20,000.00. Appellant was to receive 25% of the remaining proceeds from which he was to pay appellee’s attorney $30,000.00, and the further sum of $1,145.00 as fees for psychological testing related to custody issues.

Indebtedness on the vehicles was to be assumed by the party awarded each vehicle. Additionally, appellant was ordered to assume all other community indebtedness including outstanding credit card balances and his legal expenses incurred in the divorce, which totaled $32,000.00. He was further ordered to pay the mortgage payments on the family residence until it was sold. Other assets including an IRA account and money in a bank account were also divided.

A trial court has wide discretion in dividing the estate of the parties, and its division will be set aside on appeal only if an abuse of the court’s discretion is shown. Hedtke v. Hedtke, 112 Tex. 404, 248 S.W.2d 21 (1923). Community property need not be equally divided, TEX.FAM.CODE ANN. § 3.63 (Vernon Supp.1986), and a disparity in the incomes or earning capacities of the parties may be considered in dividing the property. See Murff v. Murff, 615 S.W.2d 696, 698 (Tex.1981) and cases cited therein.

The trial court found that appellant had the use and benefit of $131,775.00 during the parties’ separation and that appellee had the use and benefit of $21,251.00. Ap-pellee has obtained employment as a kindergarten teacher and earns approximately $1,000.00 per month. Appellant estimated his employment income for 1985 at $45,-000.00, and estimated his income in 1986 would be $50,000.00. His salary in prior years ranged from a low of $60,000.00 to a high of $144,000.00, less expenses incurred.

The property division resulted in a distribution as follows:

Asset Awarded Awarded Value to Wife to Husband

Net proceeds from house 1 $201,500 $151,125 $ 50,375

less attorney fees to wife’s attorney -50,000 20,000 30,000

Parman Properties Joint Venture 200,000 100,000 100,000

Automobiles 2 20,000 3,000 17,000

Dominion lot 1,000 —0— 1,000

Dominion Country Club Membership 17,500 -0-17,500

IRA and money in bank 12,900 12,900 -0-

Total share of net estate 402.900 247,025 155.875

less community debts -32,000 -0--32,000

370.900 247,025 123.875

Plus amounts available during separation 153,026 21,251 131,775

Total assets as divided 523,926 268,276 255,650

This distribution awards appellant 49% of the total community assets and awards appellee 51%. Based upon the disparity in earning capacity, and in light of the cruel treatment found by the court to have been exhibited by appellant, we find that the trial court did not abuse its discretion in dividing the property in an unequal or in a disproportionate manner. Point of error one is overruled.

Appellant’s contention that the value of $200,000.00 placed by the court upon the parties’ interest in the Parman Properties Joint Venture is without support in the evidence is without merit. Appellant testified in a deposition prior to trial that the interest was worth between $200,000.00 and $250,000.00. At trial appellant declined to place a value on the interest and asked the court to determine its value. Ap-pellee testified at trial that the interest was worth $200,000.00. Evidence was introduced that an offer to buy the interest for $73,000.00 was made in March of 1985. *536 The parties stipulated that the person who made this offer would have testified that the partnership interest is no longer worth that amount. No stipulation as to the interest’s value was entered.

The trial court, in evaluating the community assets, may blend all of the evidence and fix a value on property anywhere within the range of the testimony. To do so is not an abuse of its discretion. McGee v. McGee, 537 S.W.2d 94 (Tex.Civ.App—Amarillo 1976, no writ). Since there was evidence that the Parman Property Joint Venture interest was worth $200,000.00, the finding of such was not so against the great weight and preponderance of the evidence as to be manifestly unjust. In re King’s Estate, 150 Tex. 662, 244 S.W.2d 660 (1951). Point of error two is overruled.

The evidence at trial established that Dominion Country Club Memberships were priced at $17,500.00 at the time of trial. The evidence indicated that appellant had paid only $6,500.00 for it. Appellant testified that there was no equity in the membership because it cannot be sold. He nevertheless admitted that the money for the membership is returnable after thirty years. No other evidence of the membership’s value was offered. Thus, the evidence supports the trial court’s finding that the membership had a value of $17,500.00. See Dyer v. Dyer,

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Bluebook (online)
722 S.W.2d 533, 1986 Tex. App. LEXIS 9395, Counsel Stack Legal Research, https://law.counselstack.com/opinion/mcintyre-v-mcintyre-texapp-1986.