for the Court:
¶ 1. Susan Kristine Gregory Jenkins (Kris) appeals the judgment of the Jones County Chancery Court, which granted her an irreconcilable-differences divorce from her husband, Robert Wayne Jenkins Jr. (Bobby). Aggrieved with the chancellor’s property division, Kris appeals. Finding no abuse of discretion by the chancellor, we affirm.
FACTS
¶2. Bobby and Kris were married on
¶ 3. At trial, Bobby testified that he was self-employed, prior to and at the time of his marriage to Kris. Bobby testified that in 1986, he founded and was the sole-owner of Mid-Mississippi Sales and Service, Inc. Bobby also testified that in 1993, he founded Industrial Steel Corporation with one partner and obtained a forty-nine percent ownership interest in the company.
¶ 4. Kris testified that she worked as a nurse at Laurel Bone & Joint Clinic from the time of the marriage until August 2006. Kris testified that, in addition to her nursing career, she took care of Bobby’s daughter, Michelle, who lived with them for two or three years; and she maintained the couple’s home, tending to the cleaning, laundry, and grocery shopping. Kris further testified that she left Laurel Bone & Joint Clinic due to a cervical disc rupture, and after she took a period of time off to rehabilitate her cervical disc, she worked at Wesley Medical Center.
¶ 5. Bobby and Kris testified that until their separation in 2007, they lived in a home on 175 acres that Bobby paid for and owned prior to the marriage.
¶ 6. The record reflects that Bobby and Kris shared the responsibility of managing the couple’s finances during the marriage. Bobby testified that he possessed his own separate checking account, which he used to pay the couple’s taxes and insurance, the home’s maintenance and improvements, and vacation expenses. Bobby and Kris testified that they also had a joint checking account which was used for household expenses. Bobby and Kris further testified that Kris contributed a portion
¶ 7. After the trial, the chancellor granted the divorce, classified the couple’s separate and marital property, then equitably divided and distributed the marital assets. Dissatisfied, Kris filed her motion for reconsideration on November 10, 2009, and her amended motion for reconsideration on November 13, 2009. After a hearing on Kris’s motion, the chancellor denied Kris’s motion for reconsideration. Feeling aggrieved, Kris appeals and raises the following issues for the Court’s review: whether the chancellor committed reversible error in his division of the marital assets and marital debts; whether the chancellor committed reversible error in his determination of the fair market value of the marital assets; and whether the chancellor committed reversible error in his determination of the valuation date for the division of marital property.
STANDARD OF REVIEW
¶ 8. This Court’s standard of review regarding property division and distribution in divorce cases is a limited one. Oswalt v. Oswalt,
DISCUSSION
I. Did the chancellor commit reversible error in his division of the marital property?
¶ 9. Kris argues that the chancellor committed reversible error in his division of the marital assets and marital debts. Specifically, Kris argues that the chancellor erred: by finding that only the appreciation of the homestead property was subject to equitable division; by classifying Industrial Steel Corporation and the 3.8 acres of land as non-marital assets; by failing to consider Kris’s total disability and health condition at the time of trial; and by inadequately dividing all of the marital assets and marital debts.
¶ 10. “When attempting to equitably divide property at issue in a divorce, the chancellor should first classify the parties’ assets as marital or non-marital based on Hemsley v. Hemsley,
¶ 11. “After classifying the parties’ assets as either marital or non-marital, the chancellor should then proceed to equitably divide the property using the factors set forth by the supreme court in Ferguson v. Ferguson,
¶ 12. While considering the above-stated guidelines, we now turn to a review of the property division and distribution in the case at hand. The record contains the chancellor’s order dividing and distributing the marital property. The chancellor provided as follows:
Division of marital assets is governed under the law as stated in Hemsley v. Hemsley,639 So.2d 909 (Miss.1994) and Ferguson v. Ferguson,639 So.2d 921 (Miss.1994).
First, the character of the parties[’j assets, i.e., marital or non-marital, must be determined pursuant to Hemsley and subsequent cases. The property determined to be marital is then equitably divided, employing the Ferguson factors as guidelines.
Assets acquired during the course of a marriage are subject to an equitable division unless it can be shown by proofthat such assets are attributable to one of the parties[’] separate estates prior to the marriage or outside the marriage. Even an asset attributable to one party’s separate estate may lose its character as non-marital property if it is commingled with marital assets or used for familial purposes. Such converted assets are then subject to equitable distribution by the Court. Johnson v. Johnson, 650 So.2d 1281 (Miss.1994) and subsequent cases. See McDuffie v. McDuffie, [21 So.3d 685 (Miss.Ct.App.2009) ] [No.] 2008-CP-00033-COA September 22, 2009 hand-down, Mississippi] Court of Appeals.
The Court finds that the marital assets consist of:
1. The home and 2⅛0 acres in Jones County.
2. Kris’[s] retirement account accumulated during the marriage. ($105,-835.00)
3. Certain household furnishings.
Ip. Farm equipment.
5. Livestock.
In applying the Ferguson factors the Court finds as follows:
1.Bobby made the vast majority of the financial contributions to the acquisition of the property. He owned the home and land prior to the marriage[,] and he used funds owned by him prior to the marriage or earned by him during the marriage to improve the property and acquired the other marital assets. Kris did make financial contributions toward the family’s living expenses by contributions to a joint checking account. The marriage lasted seven years and five months. It appears without dispute that Kris’[s] addiction to prescription medications was the cause of the separation.
2. There was no evidence that either spouse had expensed, withdrawn or otherwise disposed [of] marital assets.
3. The value of the marital assets is reflected in Trial Exhibit 3 which is incorporated herein by reference.
4. All of the property was either owned by Bobby prior to the marriage or purchased by him using separate funds owned by him prior to the marriage or earned by him during the marriage.
5. No evidence was presented as to tax or other consequences to third parties.
6. Kris did not request alimony.
7. Bobby continues to operate his businesses which presumably will provide him with the same or similar income he earned during the marriage. Kris is unemployed. She has a pending application for Social Security Disability Benefits pending since November, 2008. Her drug dependency caused her nursing license to be restricted and her injury to her shoulder may interfere with her ability to perform general nursing duties. However, her injury occurred after separation of the parties and the Court finds that it should not be considered as part of the Ferguson factors. Kris was able to work and did work as a nurse after the separation and before her injury.
8. This is a case in which one partner to a marriage (Bobby) not only owned the bulk of marital assets prior to the marriage but expended premarital earnings on improvements to the property during the marriage'. But in making a division of marital property, the Court is not required to divide the property equally. The division should be fair based upon the facts of the case.
The Court concludes that an equitable division of marital assets is as follows:
1. Kris shall receive all of her retirement account. ($105,835[.00] of which is a marital asset).
2. Bobby shall receive ownership of the marital home and acreage and the acreage he purchased after separation of the parties.
3. Bobby shall receive ownership of all farm equipment.
4. Kris shall receive one-half (1/2) of all remaining livestock (horses) based on Bobby’s agreement to [the] same during his trial testimony.
5. Kris shall receive all of the household furnishings she requested during her testimony at trial.
6. Bobby shall pay Kris the sum of $50,000.00 payable at the rate of $1,000.00 per month until paid in full.
Bobby and Kris are granted a divorce on the grounds of irreconcilable differences.
(Emphasis added).
¶ 13. “Equitable distribution does not mean equal distribution.” Seymour v. Seymour,
¶ 14. Further, in his opinion dividing the marital property, the chancellor stated that he considered the contributions and expenditures of each spouse to the seven-year marriage and to the acquisition of the marital property. The chancellor also acknowledged in his opinion that Bobby owned the bulk of the marital assets prior to the marriage and also expended pre-marital earnings on improvements to the property during the marriage. The chancellor then noted that the evidence was without dispute that Kris’s addiction to prescription medications caused
(1) contribution to the accumulation of property, (2) dissipation of assets, (3) the market or emotional value of assets subject to distribution, (4) the value of assets not subject to distribution, (5) the tax and economic consequences of the distribution, (6) the extent to which property division may eliminate the need for alimony, (7) the financial security needs of the parties, and (8) any other factor that in equity should be considered.
Vaughn v. Vaughn,
(a) direct or indirect economic contribution to the acquisition of the property; (b) contribution to the stability and harmony of the marital and family relationships as measured by quality, quantity of time spent on family duties and duration of the marriage; and (c) contribution to the education, training or other accomplishment bearing on the earning power of the spouse accumulating the assets.
Rodriguez v. Rodriguez,
¶ 15. This Court recognizes the limited standard of review that appellate courts utilize when reviewing a chancellor’s equitable division of the marital property. We additionally acknowledge that appellate courts lack the authority to overrule a chancellor’s property division and distribution absent a finding of manifest error. Parker v. Parker,
¶ 16. Further, we recognize that the chancellor awarded Kris a smaller percentage of the parties’ assets; however, we find, in light of our highly deferential standard of review, this fact, standing alone, is an insufficient ground for reversal. See Redd v. Redd,
II. Did the chancellor commit reversible error in his detennination of the fair market value of assets?
¶ 17. Kris next argues that the chancellor erred by not appointing an expert to opine as to the fair market value of several of the couple’s assets. Specifically, Kris argues that the chancellor should have appointed an expert to conduct an appraisal of the following assets: the home; the 3.8 acres of land; Mid-Mississippi Sales and Service, Inc.; Industrial Steel Corporation; livestock; farm equipment; and household furniture.
¶ 18. Bobby responds that he submitted documents supporting his valuation of all assets at issue to Kris’s counsel prior to trial and also introduced the same docu
¶ 19. It is the chancellor’s responsibility in a divorce proceeding to make an adequate investigation into the value of the marital property that is subject to division: “Property division should be based upon a determination of fair market value of the assets, and these valuations should be the initial step before determining division.” King v. King,
¶ 20. In the present case, the record reflects that only Bobby attempted to provide the chancellor with evidence regarding the valuations of the marital property. By contrast, the record shows that Kris failed to present any documents indicating her assets or liabilities, and she failed to place any valuation whatsoever on the marital property at issue. The chancellor’s opinion reflects that he utilized valuations set forth in trial exhibit three. Kris argues that the chancellor committed reversible error by not appointing experts to appraise the couple’s assets. However, this Court refuses to blame the chancellor for a party’s failure to present sufficient evidence of property valuation. Faced with similar circumstances, we provided as follows in Dunaway,
It is our conclusion that the chancellor, faced with proof from both parties that was something less than ideal, made valuation judgments that find some ev-identiary support in the record. To the extent that the evidence on which the chancellor based his opinion was less informative than it could have been, we lay that at the feet of the litigants and not the chancellor. The chancellor appears to have fully explored the available proof and arrived at the best conclusions that he could, and we can discover no abuse of discretion in those efforts that would require us to reverse his valuation determinations.
¶ 21. As explained in Dunaway,
III. Did the chancellor commit reversible error in his determination of the valuation date for the division of marital assets and marital debts?
¶ 22. Lastly, Kris argues that the chancellor committed reversible error in his determination of the date of evaluation for the marital property. Kris contends that the chancellor should have used the date of trial, rather than the date the temporary order was entered, in setting the valuation date for the property division. In response, Bobby contends that the valuation date is within the discretion of the chancellor, see Hensarling v. Hensarling,
¶ 23. Because we have held that the valuation date falls within the discretion of the chancellor when equitably dividing marital property upon divorce, Bullock v. Bullock,
¶ 24. THE JUDGMENT OF THE JONES COUNTY CHANCERY COURT IS AFFIRMED. ALL COSTS OF THIS APPEAL ARE ASSESSED TO THE APPELLANT.
Notes
. The couple have no children together.
. The agreed temporary order provided Bobby with use and possession of the former marital abode and required him to be responsible for any expenses relating to the home. The temporary order also provided Bobby and Kris with the use and possession of the automobile he/she usually drove; required each to be responsible for the expenses related to his/her automobile; and prohibited each party from disposing of any marital assets, other than by paying for usual living expenses.
. While the record reflects that Kris filed this motion in limine with the court, no ruling on such motion appears in the record.
. Kris returned to work at Wesley Medical Center after the couple’s separation in 2007.
. Bobby testified he moved into the house in 1996.
. Bobby testified he conducts Mid-Mississippi Sales and Service, Inc. on this property.
.The amount which Kris contributed to the joint checking account is disputed between the parties.
. We pause to note that the record shows that neither party requested alimony during the divorce proceedings.
. See Smith v. Smith,
. In Lowrey v. Lowrey,
. In Vaughn,
. See Hults,
