Carr v. Carr

PHILLIPS, Judge.

The equitable distribution judgment appealed from is incomplete and erroneous in several respects. To enter a proper equitable distribution judgment the trial court must classify all property owned by the parties or either of them as either marital or separate; must determine the net market value of the marital property as of the separation date; must determine what division of the marital property is equitable; and must distribute the property to the parties accordingly. Cable v. Cable, 76 N.C. App. 134, 331 S.E. 2d 765, disc. rev. denied, 315 N.C. 182, 337 S.E. 2d 856…