Richard Vallis v. Marilyn Vallis

2025 Ark. App. 465
CourtCourt of Appeals of Arkansas
DecidedOctober 1, 2025
StatusPublished

This text of 2025 Ark. App. 465 (Richard Vallis v. Marilyn Vallis) is published on Counsel Stack Legal Research, covering Court of Appeals of Arkansas primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Richard Vallis v. Marilyn Vallis, 2025 Ark. App. 465 (Ark. Ct. App. 2025).

Opinion

Cite as 2025 Ark. App. 465 ARKANSAS COURT OF APPEALS DIVISION II No. CV-24-345

RICHARD VALLIS Opinion Delivered October 1, 2025 APPELLANT APPEAL FROM THE SEBASTIAN COUNTY V. CIRCUIT COURT, FORT SMITH DISTRICT MARILYN VALLIS [NO. 66FDR-23-555] APPELLEE HONORABLE SHANNON L. BLATT, JUDGE

AFFIRMED

KENNETH S. HIXSON, Judge

Appellant Richard Vallis (Rick) appeals after the Sebastian County Circuit Court

entered a divorce decree and other orders in favor of appellee Marilyn Vallis (Marilyn). On

appeal, Rick argues that (1) the circuit court erred in finding that certain property was marital

property; (2) the circuit court erred in allocating all the residence-loan debt to him and not

giving him any credit for the debt that was owed to his single-member LLC; and (3) the

circuit court did not state its basis and reasons for making an unequal distribution of marital

property. We affirm.

I. Relevant Facts

Rick and Marilyn were married on August 24, 2012, and separated in October 2021.

They have one minor child (MC). Marilyn filed her complaint for divorce on July 27, 2023.

In her complaint, she asked to be granted a divorce, awarded primary custody of MC, awarded spousal support, and for their property to be divided. Rick filed an answer asking

that Marilyn’s complaint be denied. On August 8, 2023, Marilyn filed a motion for a hearing

to set temporary child support and spousal support and maintenance.1

At the hearing for temporary support on September 20, 2023, Rick testified that he

is the sole owner of California Customs, LLC (hereinafter, “California Customs” or

“company”). Rick stated that he took a salary of $3,500 a week but keeps any remaining

earnings in the “company for growth.” When asked whether the admitted tax returns were

his personal returns or the company’s returns, he said that they were “basically one and the

same.” Rick admitted that the company’s income is reported on his personal tax returns on

a Form K-1. Rick agreed that his net income according to his return in 2019 was $573,000

and that he had a 2020 K-1 distribution of $202,000. Rick further stated that he would not

argue with counsel’s statement that his total income in 2021 was approximately $440,000.

Rick admitted that he recently, during the separation, sold some stock from his

personal investment accounts2 and purchased a residence. He lived in the new residence

with his girlfriend. At the time of the hearing, he said that he was giving Marilyn a check

from his company for $800 a week. Rick admitted that he takes “cash out of the company

1 Because the issues on appeal are limited to the division of marital property, we limit our discussion of the other issues resolved by the circuit court, including issues of child custody, child support, and spousal support. 2 We acknowledge that our record refers to “retirement accounts,” “stock accounts,” “IRAs,” “accounts,” “Edward Jones accounts,” and “investment accounts.” Rick concedes on appeal that these terms were used interchangeably. For simplicity, we use the term “investment accounts.”

2 for personal expenses or petty cash.” Although he said he currently did not keep a ledger,

he admitted that he has used a ledger in the past. He would keep cash on hand from his

business or gambling winnings in a safe.

On cross-examination, Rick testified that although he claimed business income on

his tax return, most of the income was retained in the company. He also said that the

company has money in his personal investment accounts. Marilyn continued to live in the

marital residence, which Rick thought was comparable in value to the residence that Rick

recently purchased. Rick testified that he purchased Marilyn’s vehicle (the Range Rover)

“for her” and pays taxes and insurance on both the vehicle and the marital residence. A

spreadsheet of the expenses Rick paid was admitted into evidence without objection.

Marilyn testified that she was not working but was studying surgical technology. She

admitted that Rick was sending her a check for $800 a month from his business. She thought

her monthly expenses were $13,825 a month but did not have access to their “marital

money.” She admitted that she was not contending that the company itself was a marital

asset; however, she said that she did contend that the profit from the company was marital

because Rick “commingles it.” Much of Marilyn’s testimony related to her expenses during

the separation and the care and support of MC, which are not relevant to this appeal.

After the hearing, the circuit court filed a temporary order on September 22, 2023,

and an amended temporary order on September 25, 2023. The circuit court awarded

Marilyn temporary possession of the marital residence and set temporary spousal support,

3 child support, and child custody. The specific findings of these orders are not relevant to

this appeal.

A final hearing on the outstanding issues was held on February 14, 2024.3 Marilyn

testified that the parties have lived separate and apart from each other for at least eighteen

months. During the separation, Marilyn continued to live in the marital residence on

Carleton Place (hereinafter referred to as “Carleton Place residence” or “marital residence”)

with MC. She had one vehicle in her possession, a 2021 Range Rover Velar (Range Rover).

Marilyn acknowledged that since the separation, Rick purchased his residence on Ridgefield

Drive (hereinafter referred as “Ridgefield Drive residence”) and spent money remodeling

that residence. She asked the circuit court to consider an inequitable distribution “as a result

of the money that was spent on the new residence.” She asked that the various investment

accounts be awarded to her. She contended that the funds in the investment accounts were

“our money” and that those marital funds were used to pay for the Ridgefield Drive

residence. An IRA account was also set up for her during the marriage that contained

approximately $22,000 to $26,000. She wanted any funds set up for MC to remain for MC.

Regarding her marital contributions, Marilyn testified that she was an employee at California

Customs during the marriage and aided in the company’s growth. She agreed that she was

not a shareholder of the company and that she had incurred credit-card debt.

3 Because division of the marital property is the only issue on appeal, we limit our discussion of the facts and evidence presented at the final hearing to this issue.

4 Regarding the Range Rover, Marilyn admitted that it was not a marital asset but was

owned by California Customs and that she was fine with it being sold. Marilyn clarified that

although she was not asking the circuit court to award her an ownership interest in

California Customs, she was asking the circuit court to “consider the income that Rick makes

from that when determining what, if anything, [she is] entitled to.”4

The documents admitted at the temporary hearing were also admitted at the final

hearing without objection.

Rick testified that he purchased the Ridgefield Drive residence for $755,000 cash and

has been doing some work on it. He said that he borrowed a total of $115,494.24 as a loan

from his company to purchase, complete the remodeling of, and furnish the residence. He

admitted that the loans were not memorialized in any document. Rick said he also took a

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