Stevens v. Stevens

This court is now asked for the first time to resolve an issue quite aptly referred to as “the diploma dilemma,” that is, whether a spouse’s professional degree obtained during a marriage is marital property subject to division and distribution upon divorce. This dilemma typically arises in those (unfortunate) situations in which a wife supports her husband while he obtains a professional degree and then, just as the husband stands on the verge of affluence, the parties divorce. Often, the standard of living during the marriage is fairly minimal and there are few assets to divide, other than…