All Content

Posted by: Landry Butler on Oct 25, 2016

Head Comment: CORRECTION: On page 5, paragraph 3, the word "solid" should have been "solido"

Court: TN Court of Appeals

Attorneys 1:

John R. Meldorf, III, Chattanooga, Tennessee, for the appellant, Norris Bettis.

Attorneys 2:

William H. Horton, Chattanooga, Tennessee, for the appellee, Rebecca Bettis.

Judge(s): GIBSON

This is an appeal of a trial court's award of alimony and valuation of marital assets. Husband appeals the trial court's decision to award a percentage of his bonus income as alimony as well as the trial court's valuation of stock allocated to Husband. Wife appeals the trial court's decision not to award her alimony in futuro. We affirm both the trial court's finding with respect to the value of the stock and its decision to not award alimony in futuro. However, we vacate the trial court's decision to award a percentage of Husband's bonus income as alimony and remand for proceedings consistent with this opinion.