Court Opinion

ID: 9724336
Source: CourtListenerOpinion
Date Created: 2023-08-26 10:53:11.313144+00
Date Added: 2024-06-11T18:24:59.380579
License: Public Domain

SHORT, Judge
(dissenting).
I respectfully dissent on the issue of appellant’s shares of stock in his family’s business. It is undisputed the shares of stock in Lincoln Enterprises were given to appellant by his parents before the parties’ marriage. Although the trial court’s characterization of assets and division of property is entitled to great weight, I believe the trial court abused its discretion in finding the appreciation in stock resulted from appellant’s efforts. See Duffey v. Duffey, *850416 N.W.2d 830, 832-33 (Minn.App.1987), pet. for rev. denied (Minn. Feb. 24, 1988). The record supports a finding of passive appreciation. I would therefore reverse, and award all appreciation in the shares of stock to appellant as a nonmarital asset.