Opinion ID: 1453917
Heading Depth: 1
Heading Rank: 1

Heading: decree of divorce and journal entry of judgment

Text: The trial court found in the Decree of Divorce and Journal Entry of Judgment that the parties were married in February, 1957, and to this marriage three children were born; that the wife should be granted a divorce on the grounds of incompatibility; and that the wife should be awarded custody of the three minor children, subject to reasonable rights of visitation on the part of the husband. (The trial court's judgment is in accord with these findings and no specifications of error are urged concerning these matters). The trial court further found that the husband has a present financial worth in excess of $375,000.00, and that his position with John Zink Company for the past several years has been worth at least $30,000.00 a year to him, including salary, bonuses, transfers of stock and other benefits. It also found the wife's present financial worth is between $175,000.00 and $200,000.00, and her income is between $1,500.00 and $2,000.00 per year; and that the wife is not trained to and is unable to work at any outside employment. The trial court ordered that all of the separate property of the wife be awarded to her, free and clear of all claims of the husband. This included all bank accounts, stocks and bonds standing in the wife's name; her personal effects and a 1962 Oldsmobile registered in her name; timber land in the State of Tennessee; and the home of the parties and the household goods and furnishings. (The wife purchased the home and automobile out of her separate funds). The husband was ordered to pay the wife for alimony and as a proper division of jointly acquired property, if any, the sum of $60,000.00, payable over a period of 12 years, in equal monthly installments of $417.67; $500.00 per month as child support for the three minor children; and $5,000.00 attorney's fees.