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November 17, 2005
Effect of Trust Assets on Alimony and Equitable Distribution
In the case of In re Marriage of Rhinehart, at issue was the treatment of the wife's future interest in a trust. The court held that the undistributed income from the trust could not be treated as a current source of financial support that would alleviate the wife's need for alimony; the undistributed income from the trust was not a marital asset that was subject to division. The Iowa Supreme Court also held that the wife's future interest in the trust could be considered when determining equitable division of property.
Posted on November 17, 2005 in Alimony, Property Distribution | Permalink
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Main
| Child's Surname in Paternity Actions »
November 17, 2005
Effect of Trust Assets on Alimony and Equitable Distribution
In the case of In re Marriage of Rhinehart, at issue was the treatment of the wife's future interest in a trust. The court held that the undistributed income from the trust could not be treated as a current source of financial support that would alleviate the wife's need for alimony; the undistributed income from the trust was not a marital asset that was subject to division. The Iowa Supreme Court also held that the wife's future interest in the trust could be considered when determining equitable division of property.
Posted on November 17, 2005 in Alimony, Property Distribution | Permalink
TrackBack
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Listed below are links to weblogs that reference Effect of Trust Assets on Alimony and Equitable Distribution:
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