Arendt v. Chamberlain

The Supreme Court affirmed the the circuit court’s classification and division of property in this divorce case in all but one respect as regards a clerical issue, which the Court remanded for clarification.Husband and Wife held most of their assets separately throughout their eighteen-year marriage. In granting them a divorce, the circuit court classified most of their assets as marital property and divided them equally. The Supreme Court held (1) the circuit court did not abuse its discretion in classifying the parties’ separately held assets as marital property; and (2) Wife was not entitled to relief on her arguments relating to the circuit court’s division and valuation of property with the exception of her argument that the circuit court erred in failing to divide and allocate three liabilities. Because the court’s failure to allocate these debts may have been a clerical error, the Supreme Court remanded the issue for the circuit court’s classification. View "Arendt v. Chamberlain" on Justia Law