Tennessee Supreme Court
Timothy Wade Keyt v. Nanci Suzanne Keyt
December 19, 20072007 Tenn. LEXIS 1082
Summary
The court held that the increase in value of Husband's separately owned stock remained separate property because his employment did not substantially contribute to the stock's preservation or appreciation. The court therefore reversed and remanded for reconsideration of the marital-property division, alimony, and trial-level attorney-fee issues, while rejecting Wife's claim for fees under the UCCJEA and denying appellate attorney's fees. Judge Gary R. Wade, dissenting, would have affirmed the classification of the appreciation as marital property and the valuation method used below.