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Stocker v. Stocker
2017 Ohio 8434
| Ohio Ct. App. | 2017
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Background

  • Hans and Jennifer Stocker married in 1997 and had three children; they formed Norville Enterprises, LLC (an Adam and Eve franchise) in 2010, operated day-to-day by Jennifer.
  • Jennifer filed for divorce in October 2014; trial occurred before a magistrate in October 2015 and a magistrate decision issued February 2016.
  • Major disputed issues: valuation and division of the marital residence, valuation/allocation of Norville Enterprises (Jennifer to retain the business), and child support including whether to cap combined income at $150,000.
  • Two competing professional appraisals of the marital home: Jennifer’s $290,000 and Hans’ $323,000; magistrate adopted Jennifer’s appraisal and ordered Jennifer to keep the home subject to mortgage.
  • Business valuation dispute: Hans’ expert (Hoge) valued Norville at $337,757 using an income approach; Jennifer’s expert valued it at $204,881 also using income approach but with different adjustments; magistrate adopted Hoge’s valuation and ordered an equalizing payment to Hans.
  • Child support: parties’ combined gross income exceeded $150,000; magistrate and trial court declined to cap income at $150,000 for worksheet computation and set Hans’ support at $1,276.71/month.

Issues

Issue Plaintiff's Argument (Jennifer) Defendant's Argument (Hans) Held
Valuation of marital residence Jennifer urged acceptance of her $290,000 appraisal (comparables closer to marriage end) Hans argued his $323,000 appraisal better reflected value and he would pay that amount Court accepted magistrate’s choice of Jennifer’s appraisal; no abuse of discretion
Valuation/allocation of Norville Enterprises Jennifer’s expert sought lower valuation; court nonetheless adopted Hoge’s income-approach valuation which produced higher value but resulted in equalization payment to Hans Hans contended income approach ignored tangible business assets (bank accounts) and thus was improper Court found income approach credible, trial court did not abuse discretion; no requirement to use only one method
Child support computation / $150,000 cap Magistrate/trial court: do not cap; worksheets amount justified by children’s needs and standard of living (not extravagant) Hans argued statute requires capping combined income at $150,000 for worksheet computation Court upheld decision not to cap and not to deviate from worksheets; no abuse of discretion given findings on children’s needs and expenses

Key Cases Cited

  • Cherry v. Cherry, 66 Ohio St.2d 348 (discusses standard for property division in divorce)
  • Blakemore v. Blakemore, 5 Ohio St.3d 217 (defines abuse of discretion standard)
  • Eisler v. Eisler, 24 Ohio App.3d 151 (trial court should determine value of marital assets)
  • Berish v. Berish, 69 Ohio St.2d 318 (trial court has broad discretion to develop measure of value)
  • Hoyt v. Hoyt, 53 Ohio St.3d 177 (equitable division depends on totality of circumstances; no single valuation rule)
  • Pauly v. Pauly, 80 Ohio St.3d 386 (trial court discretion in child support matters)
  • Tennant v. Martin-Auer, 188 Ohio App.3d 768 (appellate role is to check for competent, credible evidence)
  • Huelskamp v. Huelskamp, 185 Ohio App.3d 611 (trial court may accept or reject portions of witness testimony)
Read the full case

Case Details

Case Name: Stocker v. Stocker
Court Name: Ohio Court of Appeals
Date Published: Nov 6, 2017
Citation: 2017 Ohio 8434
Docket Number: 5-17-11
Court Abbreviation: Ohio Ct. App.