Bilbao v. Bilbao

OPINION

CARPENETI, Justice.

I. INTRODUCTION

In a divorce proceeding the trial court divided the marital property of the parties evenly, distributing half to each. Because at the time of divorce the husband possessed more of the marital assets than the wife, the court ordered him to make an equalizing payment of $202,962 to her. In calculating the amount of this equalizing payment, the court considered as marital property $50,500 that the husband had recently withdrawn from some certificates of deposit. The husband argues that the court erred in characterizing these funds as marital property…