Kisha Dean Trezevant v. Stanley H. Trezevant, III

This is a divorce case between parties who amassed a great amount of wealth and lived an extravagant lifestyle for many years. There are no minor children involved, and this appeal is limited to the trial court’s identification, classification, valuation, and division of marital property, the trial court’s awards of alimony to Wife, and Husband’s convictions for several counts of criminal contempt. One of the most salient issues raised by Husband on appeal relates to the trial court’s decision to use a financial statement prepared by Husband in 2012 to value several properties in the marital estate rather than the certified appraisals that were prepared in the course of litigation for the purpose of valuing the marital estate. According to Husband, this resulted in the court grossly overvaluing the marital estate. For the reasons stated herein, we affirm the trial court’s identification and classification of marital property as well as the trial court’s findings and sentencing related to Husband’s criminal contempt. We vacate the trial court’s valuation and distribution of the parties’ marital property and awards of alimony. We remand the case to the trial court for further proceedings consistent with this Opinion.