Marriage of Singhal CA2/2

FACTS AND PROCEDURAL BACKGROUND

I. The Marriage and Dissolution

Shelly and Jennifer married in July 2001 and have four children together. The couple separated in 2017. Jennifer filed for divorce in February 2018. In October 2018, the trial court entered a temporary order resolving several issues pursuant to the parties’ stipulation. Among other things, Shelly stipulated that “his monthly self- employment income was $12,000[.]” Based on that income, Shelly was required to (1) pay Jennifer a base $5,500 per month in child support and $700 per month in spousal support and (2) transfer 20 million shares of stock in LiveWire Ergogenics (LiveWire stock) to Jennifer so that she could sell enough stock to pay the community’s monthly debts and give $50,000 each to herself and Shelly.

Because the parties to this appeal share the same last name, we refer to them by their first names for ease of identification. No disrespect is intended.

2 The trial court issued a judgment terminating the parties’ marital status on October 14, 2022. It reserved jurisdiction over all remaining issues.

II. Trial

Pursuant to a later stipulation from the parties, the matter proceeded to a…