Hilton v. Hilton
Texas Court of Appeals
678 S.W.2d 645 (1984)
- Written by Whitney Kamerzel , JD
Facts
Eric Hilton (defendant) and Patricia Hilton (plaintiff) were married and subsequently divorced. Eric inherited 12,403 shares of Hilton Hotel Corporation stock that constituted his separate property. During Eric’s marriage to Patricia, Eric sold the inherited shares and used them to pay a community debt consisting of the Hiltons’ living expenses, taxes, and interest. At the Hiltons’ divorce, the trial court awarded Eric 12,403 shares of the same stock as equitable reimbursement. Patricia appealed, arguing Eric failed to use tracing to identify that the proceeds from the shares paid the community debt. Moreover, Patricia argued, living expenses, taxes, and interest were not reimbursable.
Rule of Law
Issue
Holding and Reasoning (Draughn, J.)
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