DocketNumber: No. 1D11-6111
Judges: Benton, Lewis, Swanson
Filed Date: 12/10/2013
Status: Precedential
Modified Date: 10/19/2024
Doris Madson, the Former Wife, appeals the Final Judgment of Dissolution of Marriage and raises several issues, only one of which merits discussion. The Former Wife argues that the trial court erred by classifying her Coca-Cola shares as marital assets. We agree and, therefore, reverse the Final Judgment solely as to this issue and remand with instruction to reclassify the Coca-Cola shares as nonmari-tal assets. In all other respects, we affirm the Final Judgment.
At trial, the Former Wife’s son testified that he had purchased Coca-Cola shares for the Former Wife as a gift. The Former Wife testified that the Coca-Cola shares were a gift from her son, and she neither purchased additional shares nor reinvested the original ones. In its equitable distribution scheme, the trial court classified the Coca-Cola shares as marital assets and distributed them to the Former Wife. This appeal followed.
In light of the testimonies of the Former Wife and her son, the trial court erred by classifying the Coca-Cola shares as marital assets because the Former Wife had received the shares as a gift from her son and did not commingle them with marital assets. See § 61.075(1), (6)(b), Fla. Stat.; McKee, 120 So.3d at 163-64; Tradler, 100 So.3d at 743; Capozza, 917 So.2d at 368.
AFFIRMED in part, REVERSED in part, and REMANDED for further proceedings.