Equitable Distribution: trial court can consider a Rule 60(b) motion during an appeal; stipulation in pre-trial order revokes a revocable Trust
Published for On the Civil Side on November 20, 2024.
In Wenninger v. Wenninger, decided May 7, 2024, the North Carolina Court of Appeals held that an equitable distribution judgment was void for lack of a necessary party because the parties in the equitable distribution proceeding stipulated in a pre-trial order that certain items of property were held in a revocable Trust and further stipulated that some of the property held by the Trust was marital property. The court of appeals held that the Trust was a necessary party, even though the trial court refused to distribute the items in the Trust because they were not owned by either party.
Continue Reading >>