Marriage of Furrh CA4/1
Opinion
Opinion
Irion, J.
I.
FACTUAL AND PROCEDURAL BACKGROUND
A. Assets Held at the Time of Marriage
Frick and Furrh were married on September 30, 1995, and separated on
November 16, 2007. At the time of their marriage, Frick and Furrh were near retirement
age and both had separate property assets. Furrh's wealth was primarily held in the form
Unless otherwise indicated, all further statutory references are to the Family Code.
2 of real estate, which included his residence and several income-producing rental
properties. Frick's wealth was primarily held in the form of money, securities and three
real properties. Frick had inherited much of her wealth shortly before marriage after the
passing of her parents and her aunt and uncle.2 According to the analysis of available
documentation conducted by Frick's expert witness accountant, John R. Cooper, Frick
had liquid assets at the date of marriage (including securities) in the amount of
$2,888,178. Furrh's liquid assets at the date of marriage were $227,689.
In 1996, the parties combined many of their liquid assets into a single brokerage
account held at Jack White & Co. ("the Jack White account"), which the…