This appeal arises out of a settlement agreement between the parties that resolved the
distribution of the decedent’s estate’s assets. Under the settlement agreement, Appellant
agreed to receive $1,800,000.00 from a joint brokerage account in his name and the
decedent’s name. Appellant alleged that he was entitled to $1,800,000.00 outright and was
not required to pay the capital gains taxes associated with the disbursement of such funds.
Appellant also alleged that he was entitled to post-judgment interest on the $1,800,000.00.
The trial court concluded that Appellant was responsible for the capital gains taxes
associated with the disbursement and that Appellant was not entitled to post-judgment
interest on the same. Discerning no error, we affirm.
Case Number
E2022-00649-COA-R3-CV
Originating Judge
Chancellor Douglas T. Jenkins
Date Filed
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