Opinion ID: 2264730
Heading Depth: 4
Heading Rank: 3

Heading: Valuation of marital airplane

Text: The trial court valued the marital airplane at $162, 979, explaining that it accepted the value testified to by Cathy's expert appraiser, Mr. Zerkel. The court said it found Zerkel to be a credible witness and [an] accomplished . . . highly credentialed appraiser who took Terry's criticisms of the appraisal into account. In its order denying reconsideration, the court further explained that Terry's own appraiser was excluded from trial because he was not on the expert witness list and had not produced a report. Terry testified that . . . he would not sell [the plane] at any price, effectively depriving the court of the option of simply ordering [the plane] sold and dividing the proceeds. Terry did not cogently explain how he settled at his own valuation of $120,000. The court accepted the certified appraisal rather than Terry's unsupported lay opinion. Additional facts and proceedings relating to the trial court's exclusion of Terry's expert airplane appraiser appear below. Terry appeals the trial court's equitable division of property on several grounds. Terry also appeals the trial court's valuation of the marital gun collection and the court's decision to exclude the expert testimony of his appraiser.