Vicki Lynn Fox v. Terry Wayne Fox

This appeal involves the financial aspects of the dissolution of a marriage that lasted approximately ten years. Both parties sought a divorce in the Chancery Court for Putnam County. Following a bench trial, the trial court granted the wife a divorce and approved a permanent parenting plan designating her as primary residential parent for the parties’ two children. In addition, the trial court classified the parties’ assets, divided the marital estate, reduced the husband’s alimony arrearage to a judgment for alimony in solido, and ordered the husband to pay the wife $350 per month in longterm alimony. The husband takes issue on this appeal with the manner in which the trial court classified the parties’ assets and divided the marital estate and with the trial court’s decision to require him to pay long-term alimony. We have determined that the trial court erred in its classification of the parties’ property. However, we find that the evidence fully supports the manner in which the trial court divided the parties’ marital estate, as well as the trial court’s decision to award the wife long-term alimony.