Brooks
Brooks v. Brooks (In re Brooks)
Opinion
Lead Opinion
Greenwood, J.
*913 In this dissolution action, appellant Violet Brooks (Wife) appeals from an order entered after trial on the bifurcated property issue of how to apportion certain stock appreciation. Respondent Evan Brooks (Husband) owned stock in a business he started prior to marriage; the trial court applied the Van Camp formula 1 to apportion the appreciation of the stock during the marriage. Utilizing this approach, the court characterized the increased value of the stock after marriage as return on Husband's separate property, finding that Husband did not contribute to the growth of the business after the date of marriage. Wife contends that the trial court erred in rendering that ruling. We disagree and affirm the trial court's order.
I. FACTUAL AND PROCEDURAL BACKGROUND
In 2014, the trial court heard evidence on a variety of issues, during which the parties agreed the pivotal issue was the characterization of assets derived from a company known as DigiDesign, which Husband co-founded prior to the marriage. Pursuant to the parties' agreement, the trial court issued a bifurcated ruling on that issue in February 2016, in the form of a "Final Statement of Decision Re Characterization of…