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Camp v. Camp12/16/2003
e's testimony concerning the computer reveals her admission that it is not contained on any list of property, that it was a $4,000 machine purchased in the spring of 2000, and that she has "offered to add that to my side of the column." However, the trial court's valuation uses a number of different dates for different liquid assets. The computer about which Jon complains is obviously a used machine, and there is no evidence whatsoever that its value at the time of trial on February 22, 2001, was equal to its purchase price. Therefore, we find the evidence insufficient to make any adjustment to the equalizing judgment as a result of the computer.
The final "technical error" is that on Jon's side of the division of the marital assets and liabilities shown on appendix 1 to the trial court's decree, his townhouse on South 66th Street is incorrectly listed by the trial court at a valuation of $278,000 when the undisputed evidence establishes that this figure is from the appraisal for the former family residence located on Yellowstone Circle (exhibit 84), whereas Jon's townhouse on South 66th Street was appraised at $270,000 (exhibit 85). This error of $8,000 results in a reduction of $4,000 in the equalizing judgment.
We adjust the equalizing judgment to account for the error with respect to the townhouse and the error with respect to the agreed to tax-affected rate of 35 percent for retirement accounts, which means that we have reduced the amount Jon pays Laurie by $5,950.
V. CONCLUSION
As a result of our decision, the judgment awarded to Laurie against Jon is reduced to $2,819,511 with interest accruing at 5.442 percent per annum from and after April 10, 2002, until the judgment is paid in full. This is a reduction of the trial court's judgment by $446,641. The judgment is to be paid by an installment of $325,000 plus accrued interest 60 days after the date of our mandate, followed by like payments on the yearly anniversary of our mandate together with accrued interest until the judgment is paid in full. The judgment is secured by Jon's interest in HMS and CH, and it may be prepaid in full or part at any time. In all other respects, the decree of the trial court is affirmed.
Affirmed as modified.
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