Opinion ID: 884138
Heading Depth: 2
Heading Rank: 6

Heading: Value and distribution of the horse awarded to David and the vehicle awarded to Mayla

Text: With regard to the valuation of the horse awarded to David and the vehicle awarded to Mayla, we reverse the findings of the District Court. After a review of the record we have, first, found no indication of who actually owns the horse valued at $500 and distributed as an asset to David. If neither Mayla nor David own the horse, and it is instead owned by the parties' daughter, then it cannot be distributed as an asset of the marital estate. Second, Mayla replaced the family van with another vehicle sometime after the date of the first trial in this matter. At the time of the dissolution, Mayla represented that the van had a value of $15,000, against which there was a debt of $5,467. The vehicle for which she exchanged the van has a value of $5,500, but $4,420 is owed for that vehicle. Despite this exchange of property, the District Court failed to account for the difference in value of the two vehicles and any income gained from the sale of one vehicle and purchase of the other. Therefore, because the findings of the District Court regarding the horse and automobile are not supported by substantial evidence, we conclude that they are in error and we remand to the District Court for a determination of value and redistribution.