Tuesday, December 15, 2009

Increased Value of Husband's IRA Due to Community Efforts

The Arizona Court of Appeals recently disagreed with the family court that "[an] increase in value of [a husband's] IRA Accounts can be attributed solely to the inherent nature of the investments," determining that instead the increase was partially due to community efforts.  The court remanded for a recalculation of property awarded to the wife to reflect her efforts in increasing the IRA's value.  See Quinlan v. Quinlan, 2009 WL 3644806 (Ariz. App. 2009), or see here for the opinion.


MR

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Comments

It should be noted that this is a Memorandum decision of the Arizona Court of Appeals, and not an "opinion" which can be cited as precedent in other cases.

Posted by: Annette | Dec 15, 2009 5:00:16 PM

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