Wright v. Wright

OPINION

RABINOWITZ, Justice.

I. INTRODUCTION

Tex and Lorraine Wright were separated on November 7, 1991, after 86 years of marriage. At the time of trial, Tex was 75 years old and Lorraine was 60 years old. There are two children of the marriage, Donna and Bill, who are now adults. The superior court allocated 60% of the marital estate, valued at $6,584,063, to Lorraine. This appeal and cross-appeal require us to determine whether the superior court erred in valuing a solely-owned corporation, in failing to include a potential malpractice claim in the marital estate, in holding that a gift to…