Massachusetts neighbours lose appeal over $3.7 million verdict for disrupting couple's home construction

An Indiana couple ran several rental homes, but during divorce the husband moved $62,000 to an account his wife could not access; an appeals court upheld her 55% share of the marital estate and a $138,219 paymentAn Indiana couple who built a portfolio of rental homes during their marriage saw their divorce end with an unequal division of assets after the husband moved $62,000 from a joint account into an account his wife could not access. The Indiana Court of Appeals upheld the trial court’s decision to award Nichole McIntosh 55 percent of the marital estate, along with a $138,219.45 property settlement payment from Vernon McIntosh, according to the appellate decision published by Justia U.S. Law.The case shows how a divorce involving rental properties can become complicated when one spouse controls the money, the records and the day-to-day management. The appellate court found that the husband’s conduct before and during the divorce, including moving funds, concealing a coin-based transaction and failing to document rental expenses, justified treating the property division differently from a simple 50-50 split.A marriage built around rentalsVernon and Nichole McIntosh married in M...