Lowery v. Lowery

Hunt, Justice.

We granted this application to appeal to determine whether the husband’s medical school education and license may be considered “marital property,” subject to equitable division. We agree with the trial court, and the majority of jurisdictions that have decided this issue, that they are not. See generally Annot. Spouse’s Professional Degree or License as Marital Property for Purposes of Alimony, Support, or Property Settlement, 4 ALR 4th 1294; see, e.g., Hughes v. Hughes, 438 S2d 146 (Fla. 1983); In re Marriage of Goldstein, 423 NE2d 1201 (Ill. 1981). These “assets” bear no…