Marriage of Manlin v. Manlin

REINHARD, Presiding Judge.

Husband appeals from the marital property distribution provisions of a dissolution decree. The court awarded each of the parties one-half of the net marital property valued at $1,853,603.85. The husband owned one-half of the shares of stock issued by Manlin & Liebert Builders, Inc. The court assigned to those shares of stock a value of $1,485,958.05 and assigned all of the shares to husband. The court ordered husband to pay wife, in lieu of shares of stock, the sum of $438,501.92 in annual installments of $21,925.10 for 20 years with interest at the judgment rate on…