Raymond H. v. Cammie H. (Signed Opinion)
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The Supreme Court reversed in part the circuit court's decision affirming the order of the family court in this divorce proceeding, holding that under the provisions of W. Va. Code § 43- 1-2(a)–(e), where a spouse conveys a security interest in her separate real property by a deed of trust and fails to give notice of the conveyance to the non-title holding spouse within thirty days of the transaction, then in the event of a divorce within five years of the conveyance, the real property shall be deemed a part of the conveyancer’s marital property for purposes of determining equitable distribution or support awards and assigned a value equal to its fair market value at the time of the conveyance.
The family court here initially concluded that the fair market value of the wife's separate property was attributable as a marital asset. The circuit court reversed in part, concluding that the value of the real estate conveyed by a deed of trust was not the total market value of the property but the value of the security interest. On remand, the family court recalculated equitable distribution pursuant to the circuit court's directive. The circuit court affirmed. The Supreme Court reversed in part and remanded for a recalculation of equitable support.
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