Davis v. Davis

PITTMAN, Judge.

After a 36-year marriage, Susanne M. Davis (“the wife”) filed an action seeking a divorce from Edward E. Davis (“the husband”). The parties have no minor children, and they settled all issues pertaining to the division of marital assets and liabilities in mediation. The Elmore Circuit Court incorporated their mediation settlement agreement into the divorce judgment. That agreement provided that the husband would have exclusive ownership of the marital home, would refinance the mortgage indebtedness on the property, and would pay the wife $24,000 for her equity interest in the…