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eBook details

• Title: Bowers v. Bowers
• Author : Virginia Court of Appeals
• Release Date : January 18, 1987
• Genre: Law,Books,Professional & Technical,
• Pages : * pages
• Size : 55 KB

Description

In the present case, the trial court granted the wife a monetary award but specifically excluded any value for the husbands "retirement pension and profit sharing plan." The appellant-wife asserts that her contributions to the marriage which qualified her for a monetary award from other marital property entitled her to some reasonable value for the husbands retirement plan and for the shares of stock which he acquired through an employment benefit plan. She contends that the courts failure to consider these assets was an abuse of discretion. The trial court assigned insufficient evidence "to determine entitlement or value" as its reason for excluding the "retirement pension and profit sharing plan." Thus, we consider whether a trial court which has determined to grant a monetary award must consider the total value of the marital assets, or whether the court may, under certain circumstances, exclude the value of one or more marital assets in granting and calculating a monetary award.

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