                IN THE COURT OF APPEALS OF TENNESSEE
                            AT NASHVILLE
                                January 20, 2011 Session

              WILLIAM L. DOWNING v. SHERRIE J. DOWNING

             Appeal from the General Sessions Court for Sumner County
                 No. 83GS2-2009-GS-2       Barry R. Brown, Judge


                 No. M2010-00045-COA-R3-CV - Filed June 13, 2011


The trial court granted the wife a divorce on the ground of inappropriate marital conduct, and
divided the marital property, awarding the marital home to the wife and a nearby piece of
unencumbered business property to the husband. The court also made the husband
responsible for 60% of the mortgage obligation on the marital home and allowed the wife to
retain her entire 401(k) retirement account. The husband contends on appeal that the division
of property and debt was inequitable and that the trial court impermissibly awarded the wife
her 401(k) account in the form of alimony in solido. We affirm the division of marital
property and marital debt. We also find that there was no alimony award, because the final
order in this case, signed by the judge, treats the 401(k) as part of the division of marital
property rather than as alimony. However, it appears to us that the trial court made some
calculating errors when it ordered the husband to pay specific monthly amounts on the home
mortgage. We therefore vacate that portion of the court’s order and remand this case to the
trial court so that it may correct those calculations.


  Tenn. R. App. P. 3 Appeal as of Right; Judgment of the General Sessions Court
                Affirmed in Part, Vacated in Part, and Remanded

P ATRICIA J. C OTTRELL, P.J., M.S., delivered the opinion of the Court, in which A NDY D.
B ENNETT and R ICHARD H. D INKINS, JJ., joined.

Patti Jon Burton Garner, Gallatin, Tennessee, for the appellant, William L. Downing.

Gary Michael Williams, Hendersonville, Tennessee, for the appellee, Sherrie J. Downing.
                                        OPINION

                          I. A M ARRIAGE OF L ONG D URATION

       William J. Downing (“Husband”) and Sherrie J. Downing (“Wife”) married in 1983.
The two children who were born of their marriage were aged 18 and 14 at the time of the
parties’s divorce. Wife worked during the entirety of the marriage at Lifeway Christian
Resources (formerly the Baptist Sunday School Board) in Nashville. Husband also worked
steadily during the marriage, mostly at jobs involving automotive sales. In 2000, he began
operating his own automobile repair business out of the garage behind the marital home, and
he continued in that business up to and including the time of divorce.

       In December of 2008, Husband announced to Wife that he was unhappy and that he
no longer loved her. Shortly thereafter, he moved out of the marital home. On January 2,
2009, he filed a complaint for divorce in the General Sessions Court of Sumner County,
alleging that there were irreconcilable differences between the parties. See Tenn. Code Ann.
§ 36-4-129. He also stated that both parties were fit and proper parents, but he did not ask
for custody of the children.

        On March 25, 2009, Wife filed a motion for pendente lite support. On the same day,
she filed a motion for exclusive possession of the marital home. Wife alleged that after
leaving the marital home and moving in with his father, Husband had stopped making
payments on the parties’ extensive credit card bills and that he had only contributed $245
towards the care of the children since his departure. Wife accordingly asked the court to
order Husband “to contribute to the marital bills and expenses and provide sufficient support
for her and the children in at least the amount that he has always paid monthly during the
marriage, pending further orders of this Honorable Court.” There is no indication in the
technical record that a hearing was ever conducted on Wife’s motion.

       Husband subsequently amended his complaint to allege inappropriate marital conduct
on the part of Wife as an additional ground for divorce. Wife filed an answer and counter
complaint for divorce on June 24, 2009. She admitted that there were irreconcilable
differences between the parties, denied that she was guilty of any inappropriate conduct, and
suggested that Husband was himself guilty of inappropriate marital conduct. She asked for
an equitable division of marital property and for custody of the children. Her counter
complaint did not include a request for alimony, an omission that is the basis of one of
Husband’s arguments on appeal. Shortly thereafter, Wife and her attorney parted ways, and
she retained new counsel.




                                             -2-
       On September 2, 2009, Wife filed a motion to amend her counter complaint. She
mentioned her earlier request for pendente lite support, stated that her prior counsel had
inadvertently left the request for alimony out of her counter complaint, and declared that
“there is a need for alimony in this matter.” In a trial memorandum, filed on October 1,
2009, Wife repeated her request for alimony, and asked the court to award her $1,000 per
month. There is no order in the technical record that indicates a ruling on Wife’s motion to
amend.

                                II. T HE D IVORCE H EARING

        The final divorce hearing was conducted on October 2, 2009. Aside from the parties,
the only witnesses to testify were a professional appraiser and a private investigator who
Wife had hired to find evidence of infidelity against Husband. Despite the lack of an order
in the technical record regarding Mother’s motion to amend her counter complaint to request
alimony, Husband’s attorney acknowledged during his opening argument that the trial court
had granted her motion.

        The testimony of the parties mostly involved financial matters. Their joint income tax
returns from 2005 to 2008 were entered into the record, and showed that both parties earned
fairly reliable incomes. In response to an interrogatory, Wife stated that her annual income
was $37,659. However, her 2008 W-2 form from Lifeway showed Social Security income
of $31,202, and she suggested that the higher figure was a mistake. Husband’s Profit or Loss
Statement from the same year showed gross receipts of $109,595. The “cost of goods sold”
(presumably auto parts and supplies) was listed at $49,852, leaving gross income of $59,743.
He reported additional expenses of $24,044, resulting in a profit of $35,699.

       There was no evidence that the parties, despite their income, had saved any money.
There was no discussion during trial of any savings accounts, certificates of deposit, or of any
investments, other than those in wife’s 401(k) retirement account. The evidence showed that
the parties spent everything they earned, and then some. Wife testified that all her spending
was for the benefit of the children, and that she would not skimp on them so long as Husband
continued to “throw money out the window” by drag racing.

        Husband acknowledged that he has participated in drag racing for a long time, owning
cars and racing them on a weekly basis. Referring to the costs, he stated that “you spend a
lot of money real quick if you don’t watch it.” He testified that aside from maintenance and
fuel costs, there is usually a $50 entry fee to race. There are also prizes for winners, usually
$1,300 but sometimes quite a bit more: $5,000, $10,000, or even $100,000. Husband races
for pleasure, but he chooses to treat drag racing as a business for tax purposes. Although he
wins some races, his tax records and his testimony show average losses of about $9,000

                                              -3-
annually.

      It was undisputed that Husband took over the family’s finances in 1998, that he was
responsible for paying the bills, and that Wife trusted his judgment on financial matters. But
Husband testified, “I am behind on a lot of bills.” The proof showed that the parties had
accumulated a significant amount of credit card debt by the time of the divorce hearing.

        Husband testified that a SunTrust card in his name was used for his business and also
for car expenses, including vehicles belonging to his wife and daughter. That card had a
balance of $10,178. He also testified to a $13,839 balance on a GreenBank credit card that
he used solely for business expenses. Husband also had a Chase credit card with a balance
of $9,630 that Wife did not know about, but that Husband insisted he used “to support the
lifestyle of my family.” However, other than that one statement during his testimony, he did
not present any evidence that he used that card for family purposes. Wife also had her own
MNBA credit card, which she testified she used for vacations and for the children’s needs.
She also had a Kohl’s Department Store card. The balance on the MNBA card was about
$8,000, and the balance on the Kohl’s card was about $800.

       Husband had also obtained a line of credit for business purposes from Chase Home
Finance that was secured by a second mortgage on the marital home. Although the line of
credit was in Husband’s name only, he testified that Wife used it on several occasions
without his permission by signing his name on line of credit checks.1 The balance owed at
the time of the divorce hearing was $24,813. The largest debt of the parties, however, was
the primary mortgage on the marital home, the unpaid balance on which had greatly
increased as the result of a 2007 transaction whereby Husband bought property near the
marital home for use as a permanent location for his auto repair business.

       The marital home was located at 612 New Shackle Island Road in Hendersonville.
Husband testified that he had long had his eye on a 1.3 acre lot for Downing Motors at 608
New Shackle Island Road. The only structures on the property were a single wide trailer
with an addition built onto it and a barn. The owner had been unwilling to sell, but in 2007
he offered to sell the property to Husband for $90,000 if the purchase could be closed
quickly. Husband agreed to the price without having the property appraised and even though




        1
        Husband entered six of those checks into the record as an exhibit to his testimony. Three of those
checks, with a total value of $900, were made out to Sherri Downing. Two checks made out to Billy
Downing were in a different handwriting, and had a total value of $5,100. One check, in the same
handwriting as the those made out to Billy Downing, was made payable to Mr. Transmission for $1571.83.

                                                   -4-
it was not zoned for commercial use.2

        Husband made a $5,000 down payment on the lot and borrowed $85,000 from his
father to pay the rest. He then attempted to obtain a bank loan to repay his father, but found
that he could not use the lot as collateral for the loan. On the advice of a Chase loan officer,
Husband used the equity on the marital home instead. He borrowed enough money to not
only repay his father, but also to pay off some high interest credit card debt.

        The marital home was appraised for property tax purposes at $228,200, but the
appraiser testified at trial to an actual value of $195,000. Prior to the transaction involving
the lot, there was less than $30,000 of debt remaining on the first mortgage. Husband’s
borrowing increased the balance owed on the home mortgage to $127,719. The transaction
left the business property at 608 New Shackle Island Road unencumbered.

        Husband and Wife both signed the loan papers on the business property. Wife
testified that she trusted Husband to handle the parties’ financial matters, that he told her that
the loan was going to be secured by the lot itself, and that she only found out about the
refinancing of the mortgage on the marital home during the divorce proceedings. Husband
confirmed that he did not tell Wife that he used the marital home as collateral for the loan.
The parties agreed at trial that in the division of marital property Wife should get the marital
home and Husband should get the lot, but they did not agree as to the allocation of marital
debt.

        At the conclusion of proof, the trial court took the matter under advisement. The court
set out its decision in a brief unsigned letter ruling, which was used as the basis for the final
decree of divorce, filed on December 4, 2009. The court awarded Wife a divorce on the
ground of inappropriate marital conduct. Wife was also awarded custody of the minor child,
and Husband was ordered to pay child support of $834 per month in accordance with the
child support guidelines, “until Cara Sheree Downing has graduated high school, at such time
child support would be recalculated on the basis of one (1) child.”

        The list of marital property in the final decree of divorce included the two pieces of
real property discussed above, household goods, a boat, and numerous vehicles. The parties
were in agreement for the most part about the division of that property, although there were
some disputes as to valuation. The trial court divided the household goods and vehicles in
accordance with the parties’ wishes, including the award of the marital home to Wife and of
the unimproved lot to Husband.


        2
         A subsequent appraisal of the property valued it at $65,000. Husband was unable to get the property
rezoned for commercial use

                                                    -5-
       The court awarded Wife a lien of $103,518 on Husband’s lot, “which represents the
amount the Court has awarded the Husband to pay towards the Chase line of credit and the
Chase mortgage both of which are associated with the home awarded to the Wife at 612 New
Shackle Island Road, Hendersonville, Tennessee. This lien shall be attached to the lot
located at 608 New Shackle Island Road, Hendersonville, Tennessee.” Husband was
prohibited from disposing of any of his assets, including the lot, or from encumbering,
mortgaging or borrowing against it “without the written agreement of the parties or approval
of the court.”

        The court’s list of marital property also included Wife’s 401(k) retirement account
with a total value of $44,000, and an IRS Income Tax refund check and a stimulus check
with a total value of $6,995.3 The two checks had already been deposited and spent by the
time the divorce complaint was filed. The court awarded Wife the entire 401(k) retirement
account, and the amounts of the two checks. As to these items of marital property, the court
stated in its letter ruling that “[t]he Husband would have been entitled to $25,477. His
portion goes to the wife as alimony in solido.” The Final Decree of Divorce, which was
drafted by Husband’s attorney and signed by the trial judge, awards Wife her 401(k) and the
two checks as part of its division of marital property, however, and does not mention alimony
at all.

        Husband was ordered to take full responsibility for payment of the debt on the
GreenBank credit card and the SunTrust credit card. He was also ordered to pay 60% of the
Chase credit card, 60% of the Chase line of credit, and 60% of the first mortgage on the
marital home. Wife was ordered to pay her MBNA and Kohl’s credit cards, 40% of the
Chase credit card, 40% of the Chase line of credit, and 40% of the first mortgage on the
marital home.4 Both parties were barred from making any further withdrawals on the Chase
line of credit. The parties were ordered to equally split their son’s $1,080 orthodontic bill.

        Wife filed a motion to alter or amend the judgment. She asked that the parenting plan
and legal descriptions of the real property be incorporated into the final decree. Husband
filed a motion to stay the judgment pending the results of the appeal. The trial court granted
Wife’s request, and also amended its judgment by setting out a strict schedule for Husband
to follow in paying off his obligations on the Chase line of credit and on the home mortgage.


       3
        The court also noted that Wife had a vested retirement plan, with a benefit of $1,088 per month
payable when she reaches the age of 67, on March 1, 2028.
       4
        The trial court calculated Husband’s 60% share of the mortgage obligation as $88,631. However,
60% of $127,719 is $76,631.40, not $88,631. The trial court also calculated Wife’s 40% share of the
mortgage obligation as $39,088. 40% of $127,719 is $51,087.60

                                                  -6-
Amortization schedules for both obligations were incorporated into the court’s order. We
will discuss the schedule on the mortgage obligations in more detail in Section III(D) of this
opinion. The court denied Husband’s motion to stay. This appeal followed.

                                            III. A NALYSIS

       A. The Standard of Review

        In actions for divorce or for legal separation, Tennessee Code Annotated § 36-4-
121(a)(1) authorizes the trial court to equitably divide, distribute, or assign the marital
property “without regard to marital fault in proportions as the court deems just.” Jolly v.
Jolly, 130 S.W.3d 783, 785 (Tenn. 2004). The court is directed to consider all relevant
factors in its distribution of marital property, including those listed in Tennessee Code
Annotated § 36-4-121(c).5 Jolly v. Jolly, 130 S.W.3d at 786; Flannary v. Flannary, 121
S.W.3d 647, 650 (Tenn. 2003), so long as the division is made without regard to marital
fault.

        The trial court’s task is to make an equitable, or fair, distribution of property. “The
trial court is empowered to do what is reasonable under the circumstances and has broad
discretion in the equitable division of the marital estate.” Keyt v. Keyt, 244 S.W.3d 321, 328
(Tenn. 2007) (citing Flannary, 121 S.W.3d at 650). Because the division of marital property
is “not a mechanical process,” and because decisions regarding division of marital property


       5
        The factors the courts are directed to consider in making a division of the marital estate include:
       (1) The duration of the marriage;
       (2) The age, physical and mental health, vocational skills, employability, earning capacity,
       estate,financial liabilities and financial needs of each of the parties;
       (3) The tangible or intangible contributions by one (1) party to the education, training or increased
       earning power of the other party;
       (4) The relative ability of each party for future acquisitions of capital assets and income;
       (5) The contribution of each party to the acquisition, preservation, appreciation or dissipation of the
       marital or separate property, including the contribution of a party to the marriage as homemaker,
       wage earner or parent, with the contribution of a party as homemaker or wage earner to be given the
       same weight if each party has fulfilled his or her role;
       (6) The value of the separate property of each party;
       (7) The estate of each party at the time of the marriage;
       (8) The economic circumstances of each party at the time the division of property is to become
       effective;
       (9) The tax consequences to each party; and
       (10) Such other factors as are necessary to consider the equities between the parties.

Tennessee Code Annotated § 36-4-121(c).

                                                    -7-
are fact-specific and many circumstances surrounding the property and the parties play a role,
a trial court has a great deal of discretion concerning the manner in which it divides marital
property. Keyt, 244 S.W.3d at 328; Jolly, 130 S.W.3d at 785; Flannery, 121 S.W.3d at 650;
Smith v. Smith, 984 S.W.2d 606, 609 (Tenn. Ct. App. 1997).

        As a general matter, reviewing courts will evaluate the fairness of a property division
by its final results. Thompson v. Thompson, 797 S.W.2d 599, 604 (Tenn. Ct. App. 1990).
Further, “unless the court’s decision is contrary to the preponderance of the evidence or is
based on an error of law, we will not interfere with the decision on appeal.” Sullivan v.
Sullivan, 107 S.W.3d 507, 512 (Tenn. Ct. App. 2002) (citing Goodman v. Goodman, 8
S.W.3d 289, 298 (Tenn. Ct. App. 1999)). Thus, appellate courts ordinarily defer to the trial
court’s decision unless it is inconsistent with the factors in Tenn. Code Ann. § 36-4-121(c)
or is not supported by a preponderance of the evidence. Jolly, 130 S.W.3d at 785-86.

       B. The Division of Property and Debt

       Tennessee Code Annotated § 36-4-121(a)(1) requires the court to order an equitable
division of marital property. An equitable division is not necessarily an equal division.
Larsen Ball v. Ball, 301 S.W.3d 228, 231 (Tenn. 2010); Robertson v. Robertson, 76 S.W.3d
337, 341 (Tenn. 2002); Smith v. Smith, 984 S.W.2d at 609. Husband complains that the trial
court’s division of marital property and debt in this case was inequitable because it was very
one-sided in favor of Wife. He first observes that in accordance with the trial court’s own
valuations, the total value of the assets awarded to Wife, (including her 401(k)), amounted
to $264,155, while the total value of the assets awarded to him amounted to only $93,600.

       As we noted above, the vast majority of the assets were divided by mutual consent.
The major thrust of Husband’s argument, however, is that in light of the division of property,
the division of marital debt was inequitable. He complains that the debts the court ordered
him to pay amounted to $134,154, while Wife was only ordered to pay $53,370. All debts
incurred by either or both parties during the course of a marriage are properly classified as
marital debt, and are subject to equitable division in the same manner as marital property.
Alford v. Alford, 120 S.W.3d 810, 813 (Tenn. 2003). See also Cutsinger v. Cutsinger, 917
S.W.2d 238, 243 (Tenn. Ct. App. 1995); Mondelli v. Howard, 780 S.W.2d 769, 772 (Tenn.
Ct. App. 1989).

       When dividing marital debt, our courts are directed to consider the same factors that
are used to divide marital property, as well as, “(1) which party incurred the debt and the
debt’s purpose; (2) which party benefitted from incurring the debt; and (3) which party is best
able to assume and repay the debt.” Mondelli v. Howard, 780 S.W.2d at 772 (citations
omitted). When practicable, the debts should also follow the assets they purchased.

                                              -8-
Mondelli v. Howard, 780 S.W.2d at 773.

       In this case, the trial court divided the credit card debt by ordering Husband to pay off
the debts incurred on his GreenBank and SunTrust credit cards. According to Husband’s
testimony, he primarily used those cards to finance his business. We note that Husband did
not segregate the finances for his profit-making auto repair business from those for his
money-losing drag racing enterprise.

       Wife was ordered to pay the debt on her MBNA and Kohl’s credit cards. She testified
that she primarily used her cards for vacations and for the needs of her children. While it
could be argued that the debt Husband incurred because of his business expenses was for the
benefit of both parties, it could also be argued that the debt Wife incurred because of the
children’s needs likewise benefitted both parties. We see nothing inequitable in the trial
court dividing those debts as it did.

       The trial court also ordered to Husband to pay 60% of the Chase credit card, 60% of
the Chase line of credit, and 60% of the first mortgage on the marital home. Husband argues
on appeal that it was not equitable for him to have to pay more than 50% of those debts. We
note, however, that all three of those debts were incurred by Husband in his role as manager
of household finances. While he testified that the Chase credit card, which had a balance of
$9,360 at the time of trial, was used “to support the lifestyle of my family,” he acknowledged
that the line of credit, whose balance was $24,813, was obtained for business purposes.
Nothing in the record convinces us that the allocation was inequitable or that the trial court
applied an incorrect standard or reached a conclusion contrary to the facts.

       As for the mortgage on the marital home, Husband decided to buy a piece of property
for Downing Motors without consulting Wife, and he used the marital home as collateral for
the purchase without even informing her that he was doing so. His action resulted in an
increase on the mortgage debt from less than $30,000 to $127,719. Husband admitted that
he made a bad decision. Among the factors the trial court is directed to consider in dividing
marital property is “[t]he contribution of each party to the acquisition, preservation,
appreciation or dissipation of the marital or separate property . . .” Tennessee Code
Annotated § 36-4-121(c)(5). In this case, there is no doubt that both parties made substantial
contributions to the acquisition of the marital properties, but Husband’s “bad decision”
dissipated the value of one of the prime assets of the parties, the equity in the marital home.
The evidence therefore does not preponderate against the trial court’s decision to make
Husband responsible for 60% of the mortgage debt.




                                              -9-
       C. The Arguments About Alimony

        Husband argues that the trial court erred by allowing Wife to keep 100% of her
interest in her 401(k) retirement account and in two government checks that were made
payable to both parties and which were deposited and spent prior to the filing of the divorce
complaint. Since the money represented by the two checks has already been spent, it did not
exist at the time the trial court purported to award it. Our Courts cannot divide or award what
does not exist. While the court can take that amount into consideration in determining where
the equities lie, the purported award itself was ineffectual. As for the 401(k) retirement
account, the proof showed that Wife acquired the entire account during the course of the
marriage. Thus, it is included in the statutory definition of marital property:

       “Marital property” means all real and personal property, both tangible and
       intangible, acquired by either or both spouses during the course of the marriage
       up to the date of the final divorce hearing and owned by either or both spouses
       as of the date of filing a complaint for divorce, . . .

       Tenn. Code Ann. § 36-4-121(b)(1)(A). See also Snodgrass v. Snodgrass, 295 S.W.3d
240, 243 (Tenn. 2009) (holding that funds deposited into a 401(k) during marriage are
marital assets).

       The trial court was therefore entitled to determine the proper disposition of the 401(k)
pursuant to its authority under Tenn. Code Ann. § 36-4-121(a)(1) to equitably divide marital
property. Depending on the equities of the situation, a court can divide the value of a
retirement account between the parties or award the entire amount to one party or another.
As a practical matter, a court would not necessarily order that funds be directly withdrawn
from a 401(k) account in order to accomplish a property division, because such a withdrawal
would likely result in tax consequences and possibly even an early withdrawal penalty, and
one of the factors the courts are directed to consider in division of marital property is “[t]he
tax consequences to each party.” Tenn. Code Ann. § 36-4-121(c)(9). Any decision as to a
particular asset is reviewed in the context of the overall distribution of the marital estate.

       Because the trial court declared in its letter ruling that the 401(k) was awarded to Wife
as alimony in solido, the parties focused all their arguments on the propriety of such an
alimony award under the circumstances of this case. Husband argued that the trial court
should not have ordered alimony because Wife did not ask for it in her counter-complaint and
because there was no evidence that the court considered the statutory factors that must be
applied before alimony is granted. See Tenn. Code Ann. § 36-5-121(i).

       Although the court’s unsigned letter ruling did speak of Wife’s 401(k) account in

                                              -10-
terms of alimony in solido, the final order in the record signed by the trial judge does not
mention alimony, but instead treats its award of the 401(k) account to Wife as a division of
marital property.6 “A court speaks only through its written judgments, duly entered upon its
minutes.” Green v. Moore, 101 S.W.3d 415, 419 (Tenn. 2003) (quoting Evans v. Perkey, 647
S.W.2d 636, 640 (Tenn. Ct. App. 1982)); Environmental Abatement v. Astrum R.E., 27
S.W.3d 530, 536 (Tenn. Ct. App. 2000). Further, “the signature of the judge is mandatory
to effectuate a judgment or order of final disposition.” Green v. Moore, 101 S.W.3d at 420.
See also 58 Tenn. R. Civ. P.; Ball v. McDowell, 288 S.W.3d 833 (Tenn. 2009).

        We therefore need not consider whether alimony was appropriate in this case, but only
whether the award of the 401(k) account to Wife is consistent with an equitable division of
the entire marital state. This was a marriage of long duration, both parties contributed to the
acquisition of marital assets, and Wife will be receiving a much larger portion of the marital
assets, even without considering the 401(k). Further, Husband did not enjoy the same
opportunity that Wife did to acquire a tax-advantaged retirement account through his work.

         However, Husband managed all the finances for the family starting in 1998, and he
had enough income left over after paying for family and business expenses to contribute to
a savings account or open a retirement account. Instead, he chose to use any surplus for his
hobby. We cannot fault him for doing what he enjoyed, but the proof showed that he raced
for at least ten years and that he lost on the average about $9,000 each year, thereby incurring
total losses of greater magnitude than the value of the 401(k) account. We are therefore
unable to conclude that it was inequitable to allow Wife to retain the full benefit of the
retirement account that she established during the parties’ marriage. More importantly, we
cannot find that the trial court’s distribution of the whole marital estate was inequitable.

        D. Wife’s Issue

        Wife raises one issue of her own on appeal, involving Husband’s payment schedule
on his home mortgage obligation. In its order amending the final judgment, the trial court
declared that the Husband’s 60% obligation on the home mortgage amounted to $88,631, and
it divided that obligation into two parts. The court ordered Husband to pay $30,000 at a rate
of $1,000 per year plus interest over 336 months. The order recited that Husband’s payments
on that obligation would come to $198.96 in accordance with an attached amortization table.

        The court ordered the remainder of the Husband’s obligation ($58,631) to be paid over


        6
         Another document in the record, also titled Final Decree of Divorce, drafted by Wife’s attorney,
but not signed by the trial judge, declares, consistent with the court’s letter ruling, that the 401(k) and the
two checks are awarded to Wife as alimony in solido.

                                                     -11-
the life of the mortgage, with the husband paying $388.84 a month, 60% of $648.88, which
is the monthly obligation over the same period on the remaining mortgage debt in accordance
with another attached amortization table. Wife argues that the payment schedule is
inequitable, because she cannot refinance the mortgages while Husband’s name is on the
deed. She therefore asks this court to accelerate Husband’s obligation by ordering him to tap
into the equity in his lot and apply it to the mortgage on the home so that the mortgage can be
more quickly paid off.

        While we sympathize with Wife’s plight, we are mindful that the division of marital
property and debt has left Husband with heavy obligations of payment and very little in the
way of assets other than that single unencumbered piece of property. We are also aware that
after the mortgage on the marital home is paid off, Husband will not share in the valuable
equity, which will belong solely to Wife. Under the circumstances, we find no basis to
reverse the trial court’s decision on this issue.

        It also appears that the trial court incorrectly calculated Husband’s share of the home
mortgage obligation. The court ordered him to pay 60% of the mortgage, and recited that this
amounted to $88,631. However, 60% of a mortgage debt of $127,719 amounts to $76,631.40,
not $88,631. As we noted, the Court declared that it was breaking Husband’s total obligation
of $88,631 into portions valued at $30,000 and $58,631 respectively, and it calculated
monthly obligations for each of those parts. Unless we are mistaken, the size of the obligation
on at least one of these parts must be incorrect.

        We accordingly vacate that portion of the amended final decree that created a specific
payment schedule for Husband’s obligation on the home mortgage, and we remand this case
to the trial court so it can amend its order to correctly reflect Husband’s monthly obligation
to pay 60% of the mortgage on the marital home. At the request of the parties, the trial court
may also simplify Husband’s obligation by requiring him to make only one payment a month
on the home mortgage rather than two.7




        7
          We note that the court offered no explanation for its decision to divide the mortgage obligation into
two parts. We cannot see any advantage for either party in compelling Husband to make two separate
payments each month on what the evidence indicates to be a single obligation. We note that the amortization
tables incorporated into the trial court’s order show that the balances on both parts of Husband’s obligation
are amortized for the same period (336 months) and at the same interest rate (6.75%).

                                                     -12-
                                            IV.

       The judgment of the trial court as to the division of marital property and debt is
affirmed, but the court-ordered schedule for Husband’s payment of the home mortgage is
vacated. We remand this case to the General Sessions Court of Sumner County for further
proceedings. Tax two-thirds of the costs on appeal to the appellant, William J. Downing, and
one-third to the appellee, Sherrie J. Downing.




                                                   _________________________________
                                                   PATRICIA J. COTTRELL, JUDGE




                                            -13-
       It is unclear why the trial court chose to characterize the IRS check and the stimulus
check as property subject to division. The Wife’s attorney stated during oral argument that
the checks were deposited into the parties’ joint account, and that Wife withdrew it and used
most of it to go on a mission trip and the rest for the cheerleader expenses of the parties’
daughter. Further, the money was spent prior to the filing of the divorce complaint.

All debts incurred by either or both parties during the course of a marriage are properly
classified as marital debt. Alford v. Alford, 120 S.W.3d 810, 811 (Tenn. 2003).

When we look more closely at the property division, however, the imbalance is not quite as
great as it first appears. Husband asked the trial court to award Wife the most valuable marital
asset by far: the marital home at 608 New Shackle Island Road, which the court valued at
$195,000. For his part, Husband asked for and received the lot at 608 New Shackle Island
Road, which the court valued at $65,000. When the two items of real property that were
divided by mutual consent are removed from the equation, the value of the property awarded
to Wife (including the alimony in solido) amounts to $69,155, while the value of the property
awarded Husband amounts to $28,600.

Although Husband had paid $90,000 for the property, it was only valued at only $65,000.
Since the decision to buy the property for $90,000 was Husband’s alone, it seems

Property at 608 New Shackle Island Road appraised at $65,000 - had a single wide trailer with
an addition built onto it and a barn. Appraiser didn’t add any value for the structures.
Tax appraisal = $68,000?

and was comprised of a Chase line of credit with a balance of $14,887, and a Chase mortgage
with a balance of $88,631.

Wife’s 2008 W-2 and 1040 showed wages of $28,115. social security income was more.

Both parties worked during the marriage and contributed their earnings to the household
expenses.




                                              -14-
