      MEMORANDUM DECISION
      Pursuant to Ind. Appellate Rule 65(D),
      this Memorandum Decision shall not be                                      FILED
      regarded as precedent or cited before any                             Jun 04 2020, 11:10 am

      court except for the purpose of establishing                               CLERK
                                                                             Indiana Supreme Court
      the defense of res judicata, collateral                                   Court of Appeals
                                                                                  and Tax Court
      estoppel, or the law of the case.


      ATTORNEY FOR APPELLANT                                   ATTORNEY FOR APPELLEE
      Rachelle N. Ponist                                       Denise F. Hayden
      Indianapolis, Indiana                                    Indianapolis, Indiana


                                                 IN THE
          COURT OF APPEALS OF INDIANA

      Stephen Hays Sanner,                                     June 4, 2020
      Appellant-Petitioner,                                    Court of Appeals Case No.
                                                               19A-DR-1843
              v.                                               Appeal from the
                                                               Marion Superior Court
      Veronica Louise Brown,                                   The Honorable
      Appellee-Respondent.                                     Cynthia J. Ayers, Judge
                                                               Trial Court Cause No.
                                                               49D04-1611-DR-40557



      Altice, Judge.


                                             Case Summary
[1]   Stephen Sanner (Stephen) appeals from the trial court’s distribution of marital

      property following the dissolution of his marriage to Veronica Sanner, now

      Veronica Brown (Veronica), asserting that the trial court abused its discretion in

      Court of Appeals of Indiana | Memorandum Decision 19A-DR-1843 | June 4, 2020                   Page 1 of 26
      valuing and dividing assets. Stephen raises seven issues that we consolidate and

      restate as:


              I. Did the trial court abuse its discretion in its valuation of a
              home owned by the parties, Stephen’s 401(a) retirement account,
              and a physical therapy bill?


              II. Did the trial court err when it found that Stephen had
              exclusive possession and control of the parties’ small business
              called Internet Guys, LLC and thus excluded from the marital
              estate his payment of bills related to that business after the date of
              filing?


              III. Did the trial court err when it divided the marital estate
              60/40 in favor of Veronica?


[2]   We affirm in part, reverse in part, and remand.


                                   Facts & Procedural History
[3]   Stephen and Veronica married in May 2011, and Stephen petitioned for

      dissolution of marriage on November 15, 2016. They have no children. At the

      time that they married, Stephen was less than eighteen years of age and in high

      school. He did not graduate, but later obtained his GED and then an

      associate’s degree in Applied Science in 2014. Before their marriage, Stephen

      and Veronica had a business venture called Simone Design, Inc., which




      Court of Appeals of Indiana | Memorandum Decision 19A-DR-1843 | June 4, 2020   Page 2 of 26
      involved creating virtual clothes for avatars in a world called Second Life.1 The

      business dissolved sometime between 2009 and 2011.


[4]   After Simone Design but before they married, the parties began operating

      Internet Guys, which provided support and services for anti-virus protection

      and repaired and maintained hardware and software for clients. Internet Guys

      was incorporated in Veronica’s name, and they operated the company out of

      their marital home. She considered Stephen a “co-owner,” as he had access to

      and was a signor on the company’s bank accounts and Quick Books. Transcript

      at 81. Stephen described his duties there as an operations manager.


[5]   On the Friday before Stephen filed his petition for dissolution, Veronica

      removed $21,900 from Internet Guys’ checking account. According to

      Stephen, this “zeroed out the account,” but, according to Veronica, she left a

      small amount remaining in the account. Ultimately, the bank closed the

      account in December 2016 after several checks bounced. Id. at 23. At or near

      the time that she withdrew the money, Veronica removed Stephen’s name as a

      co-signor and cancelled his bank card on the account.


[6]   At the time of filing, the parties owned two homes, one located in Mooresville,

      which was their marital residence, and one in Indianapolis on Oriental Street.

      At some point not clear in the record, Veronica’s daughter, Betty Lou Burton,




      1
        Stephen testified that Simone Design was his business and that Veronica did some graphic design work for
      the company, while Veronica testified, “I built Simone Design” and “had been running” the company “for
      two years prior” to its May 2007 incorporation with the Secretary of State. Transcript at 78, 106.

      Court of Appeals of Indiana | Memorandum Decision 19A-DR-1843 | June 4, 2020                   Page 3 of 26
      moved in and resided as a tenant in the Oriental Street home. In terms of

      assets, Stephen also had a 401(a) retirement account with IBEW #481 Defined

      Contribution Plan & Trust, and Veronica had some antiques. The parties

      owned three vehicles with little to no value and a $7500 lawn tractor that was

      stolen during the pendency of the dissolution.


[7]   On November 28, 2016, the trial court held a preliminary hearing at which the

      parties’ oral preliminary agreement was read into the record. 2 Their agreement

      provided that, beginning one month from the date of the hearing, Stephen was

      to pay Veronica $1000 every two weeks for six months, and Veronica “will

      continue to be on his [health] insurance until the divorce is over.” Appellant’s

      Appendix at 111. Veronica was to “sign over” Internet Guys to Stephen and

      “add him on all the accounts” of the business. Id. at 113. Both parties agreed

      not to encumber any marital assets.


[8]   In August 2017, Veronica filed a motion to compel/for contempt, asserting that

      Stephen had failed to abide by the terms of their preliminary agreement.

      Following a hearing, the trial court issued an order finding that Stephen had




      2
        The parties indicated that their agreement was going to be reduced to writing and filed with the court but
      that never occurred.

      Court of Appeals of Indiana | Memorandum Decision 19A-DR-1843 | June 4, 2020                      Page 4 of 26
       failed to pay Veronica $1000 every two weeks as agreed and that he owed her

       $14,000. 3


[9]    On August 15, 2018, the trial court held the final hearing in the dissolution.

       Stephen, Veronica, Betty Lou, and Veronica’s accountant, Lisa Weisp-Sharp,

       testified. There was conflicting testimony on several matters. Particularly

       relevant to this appeal are the following: the value of the Oriental Street house;

       the value of Stephen’s 401(a) account; the value of a physical therapy bill for

       services rendered to Veronica; control of Internet Guys after separation; and the

       earning ability of each party.


[10]   As to the value of the Oriental Street home, Stephen presented an appraisal that

       valued the home at $122,000 but testified that the home’s value needed to be

       reduced by $22,448 for repairs to the lateral sewer line and by $33,987 for an

       existing mortgage on the home as of the date of filing. He presented an

       estimate for the plumbing repairs prepared by Hope Plumbing on May 5, 2017.

       The copy of the appraisal admitted at trial did not mention the broken sewer

       line or the estimate for repair, and Stephen testified that the Hope Plumbing

       estimate occurred after the appraisal, and that the ruptured line would not have

       been known to the appraiser. On cross-examination, Stephen acknowledged




       3
         The order directed that “[t]he parties may agree as to how the payment is to be made or may wait until the
       final hearing and incorporate this amount owed by Husband into the court’s marital estate calculation.”
       Appellee’s Appendix at 8.

       Court of Appeals of Indiana | Memorandum Decision 19A-DR-1843 | June 4, 2020                     Page 5 of 26
       that the Hope Plumbing estimate was prepared in May 2017, months prior to

       the September 2017 appraisal.


[11]   Stephen acknowledged that he refinanced the Oriental Street house during the

       pendency of the action, stating that he and Veronica had agreed to refinance the

       home well before he filed for dissolution but that the process took months to

       complete, such that it closed in December 2016, after the petition for

       dissolution was filed. Stephen testified that he used the proceeds to pay various

       bills, including the mortgage and utilities on both homes.


[12]   With regard to his 401(a) retirement account, Stephen submitted a quarterly

       statement from IBEW #481 Defined Contribution Plan & Trust that showed a

       balance in his account of $46,155.57 as of September 30, 2016. He also

       presented evidence of two checks he wrote from his personal account to the

       defined contribution plan in December 2016 in the amounts of $1448.26 and

       $1413.05.


[13]   As to Internet Guys, Stephen testified that when Veronica withdrew most or all

       of the funds from the bank account, he removed from the home office his

       “personal laptop,” two printers, and the company’s checkbook. Transcript at

       26. Stephen stated that his laptop did not have access to the customer lists or

       QuickBooks. Stephen testified that during the pendency of the dissolution he

       paid various business-related expenses, including $3940 to cover payroll for the

       final paycheck owed to several employees after the company bank account was

       closed, $1526.28 on a line of credit, and union contributions.


       Court of Appeals of Indiana | Memorandum Decision 19A-DR-1843 | June 4, 2020   Page 6 of 26
[14]   As to Stephen’s income and earning ability, Stephen testified that he was doing

       IT work for a company called Daedalus and Iapyx, LLC and was earning $46

       per hour working full time but that, on the Monday following the hearing, he

       was starting classes at IUPUI as a full-time student, and would be cutting back

       his work hours to fifteen per week at $27 per hour. He testified that Veronica

       did not work “98% of the time” that they were married, working only short-

       term jobs at Goodwill and Long John Silvers, and that “[s]he said she wasn’t

       capable of working but didn’t specify why.” Id. at 29.


[15]   Stephen acknowledged that he had not paid Veronica the agreed-upon bi-

       weekly $1000, which he referred to as a “stipend,” explaining that paying her

       was conditioned on her turning over Internet Guys, which she did not do. Id. at

       40. With regard to the health insurance, Stephen testified that the insurance

       was employer-funded, paid through Union contributions, and that, when

       Veronica closed the Internet Guys bank account, he no longer had access to the

       business account and the insurance lapsed at some point.


[16]   Betty Lou testified that Veronica was her biological mother but she was raised

       by someone else and that Stephen was her friend. Betty Lou stated that she had

       been employed at Internet Guys, where she performed IT work and, in effect,

       was an office manager and had access to QuickBooks. She characterized

       Veronica as “not very” involved with Internet Guys when it was in operation.

       Id. at 57. Betty Lou stated that, when Veronica withdrew the money from

       Internet Guys’ account, she took her laptop and removed three desks that she

       had purchased with her own money. Betty Lou testified to organizing

       Court of Appeals of Indiana | Memorandum Decision 19A-DR-1843 | June 4, 2020   Page 7 of 26
       Daedalus and Iapyx on November 14, 2016, which was near the same time that

       Internet Guys quit operating and Stephen filed his petition for dissolution.

       Betty Lou stated that there essentially was no difference between the two

       companies in terms of the type of work performed. She explained that she

       started the new company because Internet Guys clients were calling and either

       could not reach Veronica or did not have a good relationship with her and

       because she did not receive her last paycheck from Internet Guys, although

       Stephen eventually paid her. Betty Lou stated that Stephen was a contract

       employee of Daedalus and Iapyx and that he had access to view but no

       authorization to conduct activity on the company’s bank account.


[17]   Stephen rested his case, and Veronica called as a witness her accountant, Lisa

       Weisp-Sharp (Sharp). Sharp testified that between the years of 2007 and 2014

       she had been involved with the bookkeeping for Stephen and Veronica’s two

       businesses – Simone Design and Internet Guys – and she developed a

       friendship with Veronica. Sharp stated that in 2017, Veronica contacted her

       and asked her to prepare financial statements to close up Internet Guys. Sharp

       testified to certain outstanding accounts receivable based on information from

       QuickBooks, and she estimated that Stephen and Veronica “were paying

       themselves” approximately $170,000 annually. Transcript at 70. On cross-

       examination, Sharp stated that she gifted Veronica antiques valued at $5000-

       6000.


[18]   Next, Veronica testified. With regard to the Oriental Street property, she stated

       that the $122,000 appraisal of the home was proper and that there was no need

       Court of Appeals of Indiana | Memorandum Decision 19A-DR-1843 | June 4, 2020   Page 8 of 26
       to reduce it for repairs, noting that the home was habitable as Betty Lou was

       living as a tenant there. With regard to the refinancing of that house, Veronica

       stated that she and Stephen had discussed the matter of refinancing before the

       petition for dissolution was filed, but she always was opposed to the idea and

       never agreed to do so. She believed that Stephen refinanced the property and

       kept the money.


[19]   Veronica presented a summary exhibit of marital assets that reflected a value for

       Stephen’s 401(a) as of the date of filing (November 15, 2016) of $48,683.31.

       She did not testify to or present evidence to explain how she arrived at that

       figure, which was an increased value from the September 30, 2016 value of

       $46,155.57 presented by Stephen.


[20]   Veronica stated that she had been away from their marital residence in

       Mooresville for a week or so around the time that Stephen filed the petition for

       dissolution. She said that when she returned home, the doors were “wide

       open” and “everything” in the Internet Guys’ office was gone, including desks,

       laptop computers, cell phones, and the checkbook. Id. at 75. She said when she

       called the phone number for Internet Guys in the weeks that followed, Stephen

       or another Internet Guys employee answered. Veronica said that the missing

       desks had been purchased with Internet Guys’ money. Veronica described that

       she “never had access to the Internet Guys website,” that she signed the checks

       for the company and ran payroll, but that she often signed blank checks that

       Stephen would complete. Veronica admitted to removing the $21,900 from the

       bank account but that, per the parties’ preliminary agreement, she returned

       Court of Appeals of Indiana | Memorandum Decision 19A-DR-1843 | June 4, 2020   Page 9 of 26
       approximately $8200 to Stephen to pay bills. In response to questioning about

       whether she signed over Internet Guys to Stephen in accordance with the

       parties’ preliminary agreement, she offered that Stephen took the assets and

       customers, and had access to company emails and QuickBooks, so that there

       really was nothing to turn over.


[21]   Veronica stated that in the spring of 2017, the basement of the Mooresville

       home flooded and resulted in a need to replace the furnace. She contacted the

       insurance company, who sent a check to her. Veronica gave the check to Sharp

       to give to Stephen, with the intention that he get the repairs done, but instead

       he returned the check to the insurer. Because the furnace was never repaired,

       the pipes in the home froze and/or leaked, causing ceiling damage. Veronica

       testified that she repaired the furnace at her own expense.


[22]   Veronica testified to incurring medical bills during the months of January 2017-

       April 2017, for physical therapy to her knee. She presented a bill from ATI, a

       provider, indicating a total balance owed of $4204.31, with a patient balance of

       $527.26 and an insurance balance of $3577.05. Veronica testified that Stephen

       was to maintain health insurance on her during the pendency of the action, but

       she believed it lapsed around March 2017, and she did not know whether

       insurance had paid the $3577.05 balance.


[23]   Veronica testified that she currently was working six days per week at a call

       center and had been there for four or five months. She did not testify as to her

       hourly wage.


       Court of Appeals of Indiana | Memorandum Decision 19A-DR-1843 | June 4, 2020   Page 10 of 26
[24]   The trial court took the matter under advisement. On September 14, 2018, the

       trial court issued findings of fact and conclusions of law, which included:


                                               Findings of Fact


               10. At the time of filing, the unpaid balance on Mooresville was
               One Hundred Fifty-Nine Thousand Five Hundred Sixty Dollars
               and Thirty Cents ($159,560.30). The home has a negative equity
               in the amount of Eighty-Seven Thousand Eight Hundred Sixty
               Dollars and Thirty Cents ($87,860.30); the deficit to be allocated
               between the parties.


               11. Prior to separation the parties remodeled the Oriental home.
               The Oriental home appraised for One Hundred Twenty-Two
               Thousand Dollars ($122,000) as of September 11, 2017. An
               estimate for plumbing damage to the main sewer line was
               performed May 5, 2017. The state of the sewer line and necessary
               repairs were known and taken into consideration at the time of the
               appraisal.


                                                       ***


               27. During the marriage, the parties owned and operated an
               information technology home-based business, known as Internet
               Guys.


                                                       ***


               29. Husband asserted he was an employee of Internet Guys and
               had no ownership interest in the business.


                                                       ***


       Court of Appeals of Indiana | Memorandum Decision 19A-DR-1843 | June 4, 2020   Page 11 of 26
        31. At the time Husband left the mar[ital] residence, he removed
        office equipment from the business including computers, printers,
        desks and cell phones that belonged to Internet Guys. Husband
        also took possession of the Internet Guys checkbook.


                                                ***


        33. On November 14, 2016, Wife withdrew Twenty-One
        Thousand Nine Hundred Dollars ($21,900.00) from the Internet
        Guys bank account.


                                                ***


        35. Pursuant to the preliminary agreement, Wife returned Eight
        Thousand Two Hundred Dollars ($8,200.00) to Husband as
        payment for business expenses Husband had paid. It was further
        agreed the sum of Thirteen Thousand Seventy Hundred
        ($13,700.00) retained by Wife would be addressed at final
        hearing.


        36. Further, pursuant to the preliminary agreement, Wife was
        ordered to turn the Internet Guys business over to Husband.


        37. The Internet Guys checking account was closed out by the
        bank in December 2016 due to its overdrawn status.


        38. Husband paid certain business-related debt on behalf of
        Internet Guys as follows:


                 a. Business Line of Credit: One Thousand Five Hundred
                 Twenty-Six dollars and Twenty-Eight Cents ($1,526.28).




Court of Appeals of Indiana | Memorandum Decision 19A-DR-1843 | June 4, 2020   Page 12 of 26
                 b. Union expenses: Eleven Thousand Three Hundred
                 Eighty-Three Dollars and Sixty Cents ($11,383.60)


                                                    ***


        43. Daedalus and Iapyx, LLC consists of the same services, same
        employees, and identical customers as Internet Guys.
        Additionally, when someone calls the Internet Guys phone
        number, the calls are routed to employees of Daedalus and
        Iapyx, LLC. The items removed by Husband from Internet
        Guys are now used by Daedalus and Iapyx, LLC.


        44. Husband has a 401(a)-retirement account through a union
        from and a company where he was previously employed. He
        continued to contribute to the account after the parties’
        separation. The vested balance of Husband’s retirement account as of
        the date of filing was Forty-Eight Thousand Six Hundred Eighty-Three
        Dollars and Thirty-One Cents ($48,683.31).


                                                ***


        47. The parties own a lawn mower valued at Seven Thousand
        Five Hundred Sixty-Four Dollars and Three Cents ($7,564.03),
        including attachments, after the outstanding loan was paid off.
        The lawn mower was stolen from the Mooresville residence shed.
        To replace would incur a Fifteen Hundred Dollar ($1,500.00)
        insurance deductible.


                                                ***


        49. The parties’ joint debt at the time of filing includes:


                 a. HH Gregg: $ 651.99


Court of Appeals of Indiana | Memorandum Decision 19A-DR-1843 | June 4, 2020   Page 13 of 26
                 b. Hoosier United Credit Line: $ 4,972.97


                 c. Hoosier United Credit card: $ 3,942.89


                 d. Menards: $ 685.51


                 e. Care Credit: $ 517.60


                 f. Chase credit card: $ 937.50


                 g. Wife medical bill (Harris) $ 395.72


                 h. Wife medical bill (ATI) $ 4,204.31


        50. Following the filing of the Petition herein, Wife was
        unemployed for some period. Wife now has employment in a call
        center earning Twelve Dollars ($12.00) per hour.


        51. Pursuant to the preliminary agreement, Husband was to pay
        Wife One Thousand Dollars ($1000.00) every other week for a
        period of six months as spousal maintenance beginning
        December 28, 2016. Following hearing held September 11, 2017,
        Husband was found to owe Wife a total of Fourteen Thousand
        ($14,000), as none of the maintenance had been paid.


        52. Husband was required to maintain health insurance on Wife
        following the preliminary agreement. Husband allowed Wife’s
        insurance coverage to lapse.


                                                ***


                                      Conclusions of Law

Court of Appeals of Indiana | Memorandum Decision 19A-DR-1843 | June 4, 2020   Page 14 of 26
        57. Here, Husband refinanced the Oriental home after a
        temporary restraining order was entered at the Preliminary
        Hearing. Husband claimed the funds were utilized for marital
        expenses; however, no documentation or accounting was
        provided as to the expenses that were paid. Therefore, the Court
        has inadequate information to apply the dissipation factors.
        Although Husband conceded to Wife receiving her portion of the
        full value of equity, Husband requested reimbursement for funds
        for loans and expenses related to Internet Guys as well as
        mortgage and utilities payments for the Mooresville residence.


                                                ***


        59. Husband earns substantially more than Wife since the parties’
        separation. Husband failed to pay spousal maintenance as
        ordered.


                                                ***


        61. Husband took control of the parties’ business upon vacating the
        Mooresville home, Husband’s control was reaffirmed following
        preliminary hearing when Wife was to turn the business over to
        Husband. At that point, Husband had already converted Internet Guys
        business to [] Daedalus and Iapyx, LLC.


                                                ***


        65. As the business was in exclusive control of Husband pursuant
        to agreement of the parties, and as neither estimated a value [for]
        the business, any debts paid on behalf of Internet Guys or loans
        to the company were also excluded from the marital division
        calculation.




Court of Appeals of Indiana | Memorandum Decision 19A-DR-1843 | June 4, 2020   Page 15 of 26
        66. The Court finds equitable division of the marital pot as
        follows:


        a. Husband Will be awarded both the Oriental and Mooresville
        properties. Husband will be awarded the automobiles, including
        any expenses associated with them. Husband will take the lawn
        mower (or the insurance claim value thereof). Husband will be
        solely responsible for the mortgage refinance of Oriental.


        b. Wife shall cooperate with the police department and the
        homeowner insurance company regarding the lawn mower to
        ensure that Husband receives the insurance proceeds.


        c. Wife Will be awarded the antiques and she will be given credit
        for the Thirteen Thousand Seven Hundred Dollars ($13,700.00)
        already received.


        d. Husband shall receive no credit for alleged loans to Internet
        Guys or debts paid by Internet Guys.


        e. Husband shall receive no credit for utility and mortgage
        payments made on Mooresville residence.


        f. Husband shall be responsible for the parties’ joint credit card
        debt, line of credit, and Wife’s hospital bills.


        g. Wife shall be awarded one-half (1/2) the value of Husband’s
        retirement account as of the date of filing. Wife is entitled to an
        equalization payment from Husband in the amount of Twenty-
        Four Thousand One Hundred Thirty-Five Dollars and Forty-
        Seven Cents ($24,135.47).


        h. Wife shall also be entitled to her prior spousal maintenance
        order of Fourteen Thousand Dollars ($14,000.00) as this Court
Court of Appeals of Indiana | Memorandum Decision 19A-DR-1843 | June 4, 2020   Page 16 of 26
               previously ordered November 28, 2016. The total amount owed
               to wife is Thirty-Eight Thousand One Hundred Thirty-Five
               Dollars and Forty-Seven Cents ($38,135.47). Husband shall pay
               wife this amount within One Hundred Twenty (120) days of this
               Decree of [D]issolution.


       Appellant’s Appendix at 36-46 (emphases added).


[25]   On October 14, 2018, Stephen filed a motion to correct error and to reconsider,

       asserting various claimed errors, including: (1) the value of the Oriental Street

       house should be reduced by both the mortgage and the $22,448 in sewer repairs;

       (2) the value of the stolen lawn tractor should be reduced by a $1500 insurance

       deductible; (3) the value of Stephen’s 401(a) account should be $46,156.57 as

       reflected in the plan statement ending September 30, 2016 that was admitted at

       trial; (4) Stephen did not have exclusive control of Internet Guys after date of

       filing, as the trial court found, because Veronica removed the money in the

       company’s bank account and he lost access to online activities including

       banking and QuickBooks; and (5) Veronica should be responsible for half of the

       following: (a) the $18,166.23 that Stephen paid in marital debt on credit cards

       and lines of credit; (b) utilities on the Mooresville residence after Stephen

       moved out; and (c) business debts that Stephen paid such as the last payroll and

       a line of credit.


[26]   Stephen attached to his motion, among other things, the appraisal of the

       Oriental Street home because the copy of the appraisal that was admitted at

       trial was incomplete due to the fact that inches of text at the bottom of most or

       all pages was missing. The full appraisal included the following: “Owner

       Court of Appeals of Indiana | Memorandum Decision 19A-DR-1843 | June 4, 2020   Page 17 of 26
       provided appraiser with estimate of sewer repair for $22,448 from Hope

       Plumbing. For this report the hypothetical assumption [is] that repairs will be

       done by the city with no cost to the home owner.” Appellant’s Appendix at 64.


[27]   On May 30, 2019, the trial court held a hearing on Stephens’s motion. On July

       10, 2019, the trial court issued an order granting Stephen’s motion as to the

       lawn mower, finding that “[t]he value of the tractor with the deduction is

       $6,064.03 not $7,564.03, as found in the decree[,]” but denied Stephen’s other

       requested relief. Id. at 106. The court’s division resulted in an approximate

       60/40 split in favor of Veronica. Stephen now appeals.


                                        Discussion & Decision
[28]   Initially we observe that the dissolution court entered special findings of fact

       and conclusions thereon pursuant to Ind. Trial Rule 52(A). Accordingly, our

       standard of review is two-tiered: first, we determine whether the evidence

       supports the findings, and second, whether the findings support the judgment.

       O’Connell v. O’Connell, 889 N.E.2d 1, 10 (Ind. Ct. App. 2008). Findings of fact

       are clearly erroneous when the record lacks any evidence or reasonable

       inferences from the evidence to support them. Id. The judgment will be

       reversed if it is clearly erroneous. Id. To determine whether the findings or

       judgment are clearly erroneous, we consider only the evidence favorable to the

       judgment and all reasonable inferences flowing therefrom. Id. We will not

       reweigh the evidence or assess witness credibility. Id. Even though there is

       evidence to support it, a judgment is clearly erroneous if the reviewing court’s


       Court of Appeals of Indiana | Memorandum Decision 19A-DR-1843 | June 4, 2020   Page 18 of 26
       examination of the record leaves it with the firm conviction that a mistake has

       been made. Id.


                                      I. Valuation of Assets and Debt

[29]   Stephen challenges the trial court’s valuation of the Oriental Street house, his

       401(a) retirement account, and Veronica’s ATI physical therapy bill. A trial

       court has broad discretion in ascertaining the value of property in a dissolution

       action. Id. We will not reweigh the evidence and will consider the evidence in

       the light most favorable to the judgment. Morey v. Morey, 49 N.E.3d 1065, 1069

       (Ind. Ct. App. 2016). We will find no abuse of discretion if the trial court’s

       decision is supported by sufficient evidence and reasonable inferences

       therefrom. O’Connell, 889 N.E.2d at 10. A trial court, however, “abuses its

       discretion when there is no evidence in the record supporting its decision to

       assign a particular value to a marital asset.” Id. at 13-14.


[30]   Here, when determining a value for the Oriental Street house, the trial court

       reduced the $122,000 appraised value by the outstanding $33,987.66 mortgage

       but did not reduce it by the cost of the sewer repairs as Stephen requested. The

       $122,000 appraisal occurred in September 2017. Stephen testified that Veronica

       arranged the appraisal and that he was not present when it occurred, such that

       the appraiser would not have known about the needed repair or its cost.

       Stephen also testified that the plumbing estimate occurred after the appraisal,

       but later in his testimony conceded that the plumbing repair estimate occurred

       months prior, in May 2017. Consistent with that, the full appraisal (presented

       with the motion to correct error) reflected that the appraiser was made aware by
       Court of Appeals of Indiana | Memorandum Decision 19A-DR-1843 | June 4, 2020   Page 19 of 26
       the “owner” – whether that was Veronica or Stephen is not clear – of the

       broken sewer line and Hope Plumbing’s estimate for the cost of the repair, but

       assumed for purposes of the appraisal that the city would cover that expense.

       Appellant’s Appendix at 64. There was no testimony presented at the final

       hearing from the plumber or a representative of the city or from Stephen

       regarding whether the city would in fact be responsible for the repair, as the

       appraiser assumed. Based on the record before us we cannot say that the trial

       court abused its discretion when it declined to reduce the appraised value by the

       cost of the sewer repairs.


[31]   We next turn to the value of Stephen’s 401(a) retirement account, which the

       court valued at $48,683.31. At the final hearing, Stephen presented an exhibit

       comprised of various statements and documents, reflecting his proposal of the

       assets and debts that comprised the marital estate. One of the documents

       therein was a statement from IBEW #481 reflecting a value of $46,155.57 as of

       September 30, 2016. The only evidence of additional contributions to IBEW

       #481 were two checks that he wrote in December 2016 – after the November

       2016 date of filing – in the amounts of $1448.26 and $1413.05. Stephen was not

       asked about and did not testify to making any contributions after September 30

       and before the date of filing in November, and it was unclear whether those two

       payments in December were for his account only or were intended to be

       contributions on behalf of Internet Guys to other employees’ accounts as well.

       Veronica presented a summary exhibit that listed the 401(a) having a value of

       $48,683.31. She did not testify to and there was no evidence presented


       Court of Appeals of Indiana | Memorandum Decision 19A-DR-1843 | June 4, 2020   Page 20 of 26
       concerning the basis for that figure. Although Stephen did not object to her

       exhibit, we cannot say that the $48,683.31 value assigned by the trial court to

       represent the account’s value on the date of filing was supported by the

       evidence. Therefore, we reverse the trial court’s finding #44 and conclusion

       #66(g), where the court values the 401(a) account at $48,683.31, remand to the

       trial court with instructions to use the value of $46,155.57, and revise the

       equalization payment owed by Stephen to Veronica accordingly.


[32]   Stephen also challenges the trial court’s valuation of the ATI physical therapy

       bill. The court’s division of property utilized the full amount owed of $4204.31,

       and not the patient balance amount. Stephen argues that this was an abuse of

       discretion because “the invoice is clear that Veronica only owes $527.26 to

       ATI.” Appellant’s Brief at 24. However, Veronica testified she did not know

       whether insurance had paid all or any of the $3577.05 “insurance balance” and

       stated that she believed the insurance lapsed in March 2017. Appellee’s Appendix

       at 38. Stephen does not dispute that it lapsed but argues that it did so in May

       2017 because Veronica closed the Internet Guys’ bank account and denied him

       access such that the employer-paid insurance lapsed. While it is not clear if

       Stephen obtained replacement health insurance, it is clear that, according to the

       parties’ preliminary agreement, Stephen was to keep Veronica on his insurance

       “until the divorce is over” and that did not occur. Appellant’s Appendix at 111.

       We cannot say that the trial court’s decision to include the full balance owed on

       the ATI bill was an abuse of discretion.




       Court of Appeals of Indiana | Memorandum Decision 19A-DR-1843 | June 4, 2020   Page 21 of 26
                         II. Control of Internet Guys and Payment of Debt

[33]   The trial court determined that, after the petition was filed, Stephen took

       control over and was in possession of Internet Guys. Thus, the court did not

       give Stephen credit in its division of the marital estate for his payment of the

       business-related bills during the pendency of the action. Stephen argues that

       these determinations were erroneous. We disagree.


[34]   The record reflects that, when Veronica withdrew the $21,900 from Internet

       Guys’ bank account, Stephen removed his laptop, two printers, cell phones, and

       the company’s checkbook, and, according to Veronica he had access to the

       company’s clients, billing, and other financial information. When she made

       calls to the phone number for Internet Guys over the course of a couple weeks,

       Stephen or another former Internet Guys employee answered. Betty Lou

       testified there really was no difference between the two companies in that both

       companies did the same work for mostly the same clients. Based on this record,

       we find that the trial court did not err when it found that Stephen had control of

       Internet Guys and declined to award him credit for his payment of bills

       associated with that company.


                                            III. Division of Estate

[35]   Stephen challenges the trial court’s division of the marital estate, noting that

       both parties requested a 50/50 split, but the trial court’s division resulted in a

       60/40 split in favor of Veronica. The division of marital assets is within the

       trial court’s discretion, and we will reverse a trial court’s decision only for an


       Court of Appeals of Indiana | Memorandum Decision 19A-DR-1843 | June 4, 2020   Page 22 of 26
       abuse of discretion. Smith v. Smith, 136 N.E.3d 275, 281 (Ind. Ct. App. 2019).

       We may not reweigh the evidence or assess the credibility of the witnesses, and

       we will consider only the evidence most favorable to the trial court’s disposition

       of the marital property. O’Connell, 889 N.E.2d at 10.


[36]   The division of marital property in Indiana is a two-step process. Id. First, the

       trial court determines what property must be included in the marital estate, and

       second, the trial court must then divide the marital property under the statutory

       presumption that an equal division of marital property is just and reasonable.

       Id. at 10-11. A party challenging the trial court’s division of marital property

       must overcome a strong presumption that the trial court considered and

       complied with the applicable statute, and that presumption is one of the

       strongest presumptions applicable to our consideration on appeal. Id. at 10.


[37]   Under Ind. Code § 31-15-7-5, “[t]he court shall presume that an equal division

       of the marital property between the parties is just and reasonable.”


               However, this presumption may be rebutted by a party who
               presents relevant evidence, including evidence concerning the
               following factors, that an equal division would not be just and
               reasonable:


                                                       ***


               (3) The economic circumstances of each spouse at the time the
               disposition of the property is to become effective, including the
               desirability of awarding the family residence or the right to dwell
               in the family residence for such periods as the court considers just
               to the spouse having custody of any children.

       Court of Appeals of Indiana | Memorandum Decision 19A-DR-1843 | June 4, 2020   Page 23 of 26
               (4) The conduct of the parties during the marriage as related to
               the disposition or dissipation of their property.


               (5) The earnings or earning ability of the parties as related to:


                        (A) a final division of property; and


                        (B) a final determination of the property rights of the
                        parties.


       I.C. § 31-15-7-5. “‘The statutory factors are to be considered together in

       determining what is just and reasonable; any one factor is not entitled to special

       weight.’” Smith, 136 N.E.3d at 282 (quoting In re Marriage of Lay, 512 N.E.2d

       1120, 1125 (Ind. Ct. App. 1987)).


[38]   Stephen argues that the trial court failed to “expressly outline the statutory

       factors and reasons it relied upon when deviating from an equal division of the

       estate.” Appellant’s Brief at 31. We disagree. The court found that Stephen had

       a greater earning ability, with him earning $46 per hour and Veronica earning

       $12 per hour. Stephen asserts that this finding was unsupported by the evidence

       because (1) he testified, “I start school next Monday” and would be earning $27

       per hour working fifteen hours per week for Daedalus and Iapyx, and (2) there

       was no evidence presented as to Veronica’s hourly wage rate or weekly

       earnings. Transcript at 7. However, the trial court was not required to believe

       Stephen’s testimony about starting college, how much he would be working, or

       what he would be earning. We will not reweigh that evidence. As to

       Veronica’s income, we agree with Stephen that there was no evidence presented

       Court of Appeals of Indiana | Memorandum Decision 19A-DR-1843 | June 4, 2020   Page 24 of 26
       as to Veronica’s hourly wage rate, with the evidence being only that she worked

       six days per week at a call center. While Veronica testified that at some point

       prior to the marriage she was making around $80,000, there was evidence that

       she worked very little during the marriage, and when she did, it was either in

       some capacity at Internet Guys, although the evidence was that she was not

       very involved there, or at Goodwill or Long John Silvers. More importantly,

       there was testimony that she was not able to work, although that subject was

       not explored or explained at the final hearing. On this record, we do not find

       that assigning an hourly wage to Veronica of $12 per hour was erroneous.


[39]   In addition, the evidence was that Stephen earned his GED, then an associate’s

       degree, and he testified that he was about to begin full-time classes at IUPUI to

       obtain a bachelor’s degree. There was no evidence as to Veronica’s education.

       Given this record, we cannot say that the trial court erred when it determined

       that Stephen had a greater earning ability than Veronica.


[40]   The court also recognized that “Husband refinanced the Oriental home after a

       temporary restraining order was entered at the Preliminary Hearing.”

       Appellant’s Appendix at 43. Per the parties’ agreement, neither party was to

       encumber marital assets. While Stephen testified that he and Veronica had

       agreed to do so and that the process took a long time to complete, such that it

       closed after the petition was filed, Veronica testified that she never agreed to

       refinance the home and was, in fact, opposed to the idea when they discussed it.

       While Stephen said he used the money to pay various marital and business-

       related bills, Veronica testified that she believed he kept the money. It was the

       Court of Appeals of Indiana | Memorandum Decision 19A-DR-1843 | June 4, 2020   Page 25 of 26
       court’s prerogative to assess witness credibility, and it chose to believe

       Veronica’s testimony concerning refinancing.


[41]   Based on the record before us, we find that Stephen has not met his burden of

       persuading us that the trial court abused its discretion in its division of the

       marital estate. On remand, we instruct the trial court to value Stephen’s 401(a)

       account at $46,155.57 and revise the equalization payment owed by Stephen

       accordingly.


[42]   Judgment affirmed in part, reversed in part, and remanded.


       Bailey, J. and Crone, J., concur.




       Court of Appeals of Indiana | Memorandum Decision 19A-DR-1843 | June 4, 2020   Page 26 of 26
