Alejandro Raul Torres Missouri Cases

Husband appealed the property distribution portion of an amended divorce judgment, challenging the trial court's order for him to pay Wife an equalization payment. He argued the court misapplied the law regarding non-marital company equity, lacked evidence for the business's marital value, and failed to subtract a marital home mortgage from the net marital estate calculation. The appellate court affirmed the trial court's classification of the increase in the value of Husband's non-marital company during the marriage as marital property. However, it reversed and remanded the case for clarification regarding the trial court's treatment of the marital home mortgage in calculating the net marital estate and the resulting equalization payment.