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Brown v. Brown
New York Supreme Court, Appellate Division
203 A.D.2d 912, 611 N.Y.S.2d 65 (1994)
- Written by Tammy Boggs, JD
Facts
Richard Brown (plaintiff) and Frances Brown (defendant) were married. Frances maintained an investment management account at Chase Lincoln First Bank (the investment account) as her separate property. During Frances’s marriage to Richard, the investment account increased in value. Richard filed for divorce and claimed a share of the appreciation in value. At trial, Frances presented evidence that the account had increased in value because of the bank’s management of the account’s investments, market forces, and a deposit of an inheritance from her father in 1984. The trial court awarded Richard a portion of the appreciation in the account. Frances appealed.
Rule of Law
Issue
Holding and Reasoning ()
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