In re Marriage of Reynolds, No., 3-151, 2013 Iowa App. LEXIS 399 (Iowa Ct. App. Apr. 10, 2013)

Date of decision:

(inherited property used to purchase farmland that was sold after the marriage and proceeds used to purchase marital home with remainder used for household expenses; home was only asset of the parties and so court found inequitable to keep inherited property separate; court ordered equalization payment of half of value; on appeal, court held husband’s wise investment of inheritance allowed couple to live in home debt free; court found equitable distribution to be three-quarters to disabled husband and one-quarter to wife; dissent filed arguing house was purchased for wife and husband intended to sell it anyway and continue to live in farmhouse, so district court order should be affirmed).

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