Brief Fact Summary. Husband and wife divorced, but requested a ruling on whether wife’s celebrity status and career success was marital property subject to equitable distribution in the divorce proceeding.
Synopsis of Rule of Law. To the extent that a supporting spouse’s efforts led to an increase in value of spouse’s career, he or she is entitled to a share in equitable distribution.
Issue. Whether a spouse’s career and or celebrity status constituted marital property subject to equitable distribution.
Held. Reversed, to the extent that Defendant’s contributions and efforts led to an increase in the value of the Plaintiff’s career, this appreciation was a product of the marriage and subject to equitable distribution.
Things of value acquired during marriage are marital property even though they may fall outside the scope of traditional property concepts. The statute does not mandate that the thing in question be transferable, assignable, or salable.
The enhanced skills of an artist such as the Plaintiff, albeit growing from an innate talent, may be valued as marital property subject to equitable distribution.
The nature and extent of the contribution by the spouse seeking equitable distribution, rather than the nature of the career, should determine whether it is marital property.
Also, an increase in value of separate property of one spouse during the marriage, which is due in part to the indirect contributions or efforts of the other spouse as homemaker and parent, should be considered marital property.View Full Point of Law