Biddle v. Biddle
CourtCourt of Appeals of North Carolina
Date FiledJuly 1, 2026
Docket25-581
JudgeJudge Donna Stroud
StatusPublished
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Full Opinion
IN THE COURT OF APPEALS OF NORTH CAROLINA
No. COA25-581
Filed 1 July 2026
Caldwell County, No. 19CVD001553-130
GARY BIDDLE, Plaintiff,
v.
SUVI HANNELE BIDDLE, Defendant.
Appeal by defendant from order entered 6 December 2024 by Judge Sherri W.
Elliott in District Court, Caldwell County. Heard in the Court of Appeals 18
November 2025.
LeCroy Law Firm, PLLC, by M. Alan LeCroy, for plaintiff-appellee.
Poyner Spruill LLP, by Steven B. Epstein, for defendant-appellant.
STROUD, Judge.
Suvi Hannele Biddle, Defendant, appeals from the trial court’s equitable
distribution order. She contends the trial court erred in the classification and
valuation of certain marital assets. She also argues that the trial court did not comply
with the parties’ binding stipulations and that it erred by placing the burden of proof
on her to show that gains in Plaintiff Gary Biddle’s separate assets during the
marriage should be classified as marital property. For the reasons below, we affirm
in part, vacate in part, and remand for entry of a new order.
I. Background
BIDDLE V. BIDDLE
Opinion of the Court
Gary Biddle (Husband) and Suvi Biddle (Wife) married 23 March 2011 and
separated 16 November 2019. In his complaint, Husband sought an equitable
distribution of the marital estate and a divorce from bed and board. On 12 September
2023, the parties entered into a Pretrial Order. A series of schedules containing
extensive stipulations were attached to the Pretrial Order. These stipulations: (1)
stated how the parties’ property would be classified, valued, and distributed; and (2)
set out the precise issues the court would decide with each respective schedule.
Schedule C of the Pretrial Order contained “a list of marital property upon
which there [wa]s [a]greement as to [v]alue and [d]isagreement as to [d]istribution.”
Included in this schedule was item A-1, the former marital home, with an agreed-
upon value of $1,100,000. Schedule C also included item L-1, the Monroe Medical
stock, with an agreed-upon value of approximately $877,000.
Schedule D contained a “list of marital property upon which there is
[d]isagreement as to [d]istribution and [d]isagreement as to [v]alue.” Schedule D
included a townhome that the parties owned in South Carolina.
Schedule E listed numerous accounts with which there was “[d]isagreement as
to [w]hether the item is [m]arital [p]roperty.” Included in this schedule were three
Charles Schwab investment accounts—Schwab #8193, Schwab #8773, and Schwab
#0407 (investment accounts)—which Husband owned prior to the marriage.
Schedule G contained “a list of items with [m]ixed, [m]arital and [s]eparate
[c]haracteristics.” Such item was a Wells Fargo Biddle’s Custom Homes Checking
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BIDDLE V. BIDDLE
Opinion of the Court
Account (Wells Fargo Checking Account), which Husband had opened before the
marriage. The parties agreed that the Wells Fargo Checking Account’s value was
$12,465, and Husband contended $5,447 of this amount was marital. Additionally,
Schedule G included the Charles Schwab #4691 IRA Rollover Account (Rollover
Account). Both parties agreed the Rollover Account’s value was approximately
$676,562, and Husband contended $255,495.29 of this amount was marital.
In summary, the parties made the following stipulations in the Pretrial Order:
• The parties agreed on the marital home and Monroe
Medical stock’s classification as marital property
and their respective date-of-separation values. They
disagreed as to the distribution of both.
• The parties agreed the townhome was marital
property but disagreed as to its distribution and
value.
• The parties agreed on the date-of-separation values
of each of the investment accounts but disagreed as
to whether any portion of each account was marital
property.
• The parties agreed that some portion of both the
Wells Fargo Checking Account and the Rollover
Account was marital but disagreed about how much.
The Pretrial Order also included, in Schedule H, Husband’s contentions for an
unequal distribution. Husband stated that he had purchased the townhome, listed
in Schedule D, with his own pre-marital funds for his daughter and grandsons when
they “became homeless.” Although the townhome was originally titled just to him,
Husband asserted “to maintain marital peace,” he had added Wife to the deed.
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BIDDLE V. BIDDLE
Opinion of the Court
Husband also claimed he had made three loans totaling $105,000 to Wife’s daughter
and did not use any marital money.
On 5 January 2024, Husband filed a document entitled “Plaintiff’s Notice of
Amendment of his Equitable Distribution Affidavit and The Pretrial Order” (Notice).
In the Notice, Husband stated he had obtained a “new current appraisal” of
$1,175,000 for the former marital home and a separate “new current appraisal” of
$150,000 for the vacant lot across the street from the marital home, which the parties
also owned. Husband moved to amend “item A-1 of the Pretrial Order” with the
marital home and lot’s new total value (collectively, $1,325,000). He also stated he
was amending “item L-1 of the Pretrial Order” with a new value for the Monroe
Medical Stock ($1,003,663.89).
Wife filed “Defendant-Wife’s Response in Opposition to Plaintiff-Husband’s
‘Notice’ of Amendments and Motion in Limine,” (motion in limine) in which she
opposed the “amendments” to the Pretrial Order. Wife alleged that the Pretrial Order
could not be unilaterally “amended” by Husband but, instead, could be amended only
upon a proper motion and order under Rule 59 or Rule 60 of the North Carolina Rules
of Civil Procedure. See N.C. Gen. Stat. § 1A-1, Rule 59 (2025) (“New trials;
amendment of judgments); N.C. Gen. Stat. § 1A-1, Rule 60 (2025) (“Relief from
judgment or order”). Wife claimed Husband could not add the vacant lot with a
separate value from the marital home’s value. She moved in limine for the court “to
conduct a pre-trial hearing” and, pursuant to Rule 46 of the North Carolina Rules of
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BIDDLE V. BIDDLE
Opinion of the Court
Civil Procedure, that the trial court rule “as inadmissible any evidence regarding the
divisible v[ersus] marital nature of” the marital home or the vacant lot. See N.C. Gen.
Stat. § 1A-1, Rule 46 (2025) (“Objections”).
The equitable distribution hearing was held on three dates, beginning on 26
January 2024 and concluding on 2 July 2024. On the first day of the hearing, the
trial court addressed Husband’s Notice and Wife’s motion in limine. The court ruled
on Wife’s motion in limine and denied Husband’s request to value the marital home
and the lot as two separate parcels because the “parties combined that lot with the
house” in 2019. It determined the marital home’s value would include all the real
property at that location, including the lot. However, the trial court also ruled that
it would consider the marital home’s date-of-distribution value and would address
any divisible property based upon the evidence. The court also declared that
Husband would be allowed to present evidence of the Monroe Medical stock’s value.
Based on the trial court’s ruling, the parties stipulated to the Monroe Medical stock’s
date-of-trial value. The court denied Husband’s request to present evidence on an
outstanding loan and “a 2019 tax refund” because these items were not previously
listed.
During the hearing, the parties made certain oral stipulations: Husband and
Wife orally stipulated to the townhome’s $290,000 value and to the Wells Fargo
Checking Account’s $5,447 marital portion. Consistent with the court’s ruling at the
start of the trial, Husband presented evidence from an appraiser, who testified that
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BIDDLE V. BIDDLE
Opinion of the Court
the marital home’s fair market value was $1,275,000. The parties also put on
evidence regarding gains and losses in the investment accounts and the Rollover
Account. Husband testified about the frequency with which he traded investments
in each investment account. Husband also submitted Exhibit 15, wherein he tried to
trace out his separate assets in the Rollover Account.
On 13 December 2024, the trial court entered an equitable distribution order
(Order), concluding that an equal distribution was equitable and distributed the
parties’ property according to its findings. As to the items in Schedule C, the court
found that the marital home’s value had increased since 2019. “[B]ased on the
appraisal report presented,” the marital home’s date-of-distribution value was
$1,275,000. The court also found that the townhouse, listed in Schedule D, was a
mixed asset. Of the townhome’s $290,000 value, the marital and/or divisible portion
was $126,693 and Husband’s separate portion was $163,307.
As for the investment accounts listed in Schedule E, the court found: Schwab
#8193’s date-of-separation value was $24,011 and there had been a $17,409 passive
gain during the marriage; Schwab #8773’s date-of-separation value was $121,966 and
there had been a $13,230.42 passive gain during the marriage; and Schwab #0407’s
date-of-separation value was $223,353,00 and there had been a $66,206.00 passive
gain during the marriage. The court made identical findings as to each investment
account: “The [c]ourt fails to find that the simple few trades made on this account by
[Husband] during the marriage amounts to ‘substantial activity’. These gains
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BIDDLE V. BIDDLE
Opinion of the Court
represent passive appreciation and must be declared separate in this order.” As to
the items in Schedule G, the court found that Wells Fargo Checking Account’s
$12,465.00 date-of-separation value was Husband’s separate property. Finally, the
court found that the Rollover Account “contained both separate and marital funds”
and that Husband had “produced sufficient evidence requiring th[e c]ourt to trace out
and classify” the separate contributions.
Wife appeals.
II. Analysis
We begin with some general equitable distribution principles. When a party
applies for an equitable distribution, the North Carolina Equitable Distribution Act
requires the trial court
to determine whether the property is marital or divisible
and provide for an equitable distribution of the marital
property and divisible property between the parties. In
accordance with the Act, the trial court is required to follow
a three-step analysis: (1) identify the property as either
marital, divisible, or separate property after conducting
appropriate findings of fact; (2) determine the net value of
the marital property as of the date of the separation; and
(3) equitably distribute the marital and divisible property.
With regard to the distribution phase, there is generally a
presumption in favor of equal distribution. However, the
trial court may conclude, within its discretion, that
unequal distribution is equitable after considering the
factors listed in [North Carolina General Statute Section]
50-20(c) and making sufficient findings of fact to support
its conclusion.
Mugno v. Mugno, 205 N.C. App. 273, 276-77, 695 S.E.2d 495, 498 (2010). Marital
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BIDDLE V. BIDDLE
Opinion of the Court
property is defined, in part, as “[a]ll real and personal property acquired by either
spouse or both spouses during the course of the marriage and before the date of the
separation of the parties, and presently owned, except property determined to be
separate property or divisible property.” N.C. Gen. Stat. § 50-20(b)(1b) (2025).
Marital property is valued on the parties’ date of separation. N.C. Gen. Stat. § 50-
21(b) (2025). Separate property is defined as “[a]ll real and personal property
acquired by a spouse before marriage or acquired by a spouse by devise, descent, or
gift during the course of the marriage.” N.C. Gen. Stat. § 50-20(b)(2) (2025). Separate
property includes “[t]he increase in value of separate property and the income derived
from separate property.” Id.
In this case, Wife argues that the trial court erred in not accepting the parties’
binding stipulations as to the townhouse, Wells Fargo Checking Account, and marital
home. She also contends the court erred in finding and concluding that Husband
successfully traced out his separate contributions to his Rollover Account. Finally,
Wife claims the court erred in finding and concluding that the post-marital
investment gains in Husband’s investment accounts were his separate property. We
address each argument below.
A. Townhome’s Classification
Wife argues that the trial court erred in finding and concluding that the
parties’ townhome was a mixed asset—with a separate component of $163,307.00
awarded to Husband and a $126,693 marital value—because the parties stipulated
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BIDDLE V. BIDDLE
Opinion of the Court
to the townhome’s classification and value. She asserts that the stipulations in the
Pretrial Order were binding upon the parties and the trial court, so the court erred
by considering classifying the townhome as a mixed asset. Husband counters that
the “pre-trial stipulations . . . regarding their townhome were not definite and certain
enough to prohibit the trial court’s ability to trace out” Husband’s “separate
contributions and award those to him.”
We start with our standard of review. Wife acknowledges that “[i]t is not clear
from this Court’s jurisprudence what standard of review applies to the trial court’s
failure to adhere to the binding stipulations of the parties in an equitable distribution
. . . pretrial order.” As noted above, the court considered some amendments to
stipulations in the Pretrial Order at the beginning of the hearing, but the stipulations
about the townhouse were not amended. Wife is correct that no case has explicitly
stated the standard of review for a trial court’s failure to follow “binding stipulations
of the parties.” But as a practical matter, prior cases have applied de novo review, as
explained below. We thus review this issue de novo.
“As a general rule, this Court has noted that any material fact that has been
in controversy between the parties may be established by stipulation.” Plomaritis v.
Plomaritis, 222 N.C. App. 94, 101, 730 S.E.2d 784, 789 (2012) (citations and ellipses
omitted). Where a stipulation is “definite and certain,” and no party has requested
that it be set aside or for permission to present additional evidence contrary to the
stipulated fact, the parties and the trial court are bound by the stipulation. Id. at
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105-06, 730 S.E.2d at 791. But stipulations may be set aside in certain circumstances.
Our Supreme Court recently addressed our case law on setting aside stipulations in
Smith v. Smith:
The Court of Appeals has aptly summarized the procedural
and substantive principles that govern the setting aside of
stipulations:
A party to a stipulation who desires to
have it set aside should seek to do so by some
direct proceeding, and, ordinarily, such relief
may or should be sought by a motion to set
aside the stipulation in the court in which the
action is pending, on notice to the opposite
party. Application to set aside a stipulation
must be seasonably made; delay in asking for
relief may defeat the right thereto. Whether a
motion is seasonably made cannot be
determined with mathematical precision.
It is generally recognized that it is
within the discretion of the court to set aside
a stipulation of the parties relating to the
conduct of a pending cause, where
enforcement would result in injury to one of
the parties and the other party would not be
materially prejudiced by its being set aside. A
stipulation entered into under a mistake as to
a material fact concerning the ascertainment
of which there has been reasonable diligence
exercised is the proper subject for relief. Other
proper justifications for setting aside a
stipulation include: misrepresentations as to
material facts, undue influence, collusion,
duress, fraud, and inadvertence.
387 N.C. 255, 259-60, 912 S.E.2d 762, 765-66 (2025) (citations and brackets omitted).
Here, there was no request to set aside or modify the Pretrial Order’s
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BIDDLE V. BIDDLE
Opinion of the Court
stipulations regarding the townhouse (unlike the marital home, which we address
below). Accordingly, the stipulation remained binding on the parties and the trial
court. See Plomaritis, 222 N.C. App. at 105, 730 S.E.2d at 791. Because the
stipulation’s existence and terms are undisputed, the issue on appeal is not one of
fact-finding or discretionary decision-making, but whether the trial court correctly
applied the law governing the effect of binding stipulations. That determination
involves the legal effect of undisputed facts, which is a question of law and
consequently reviewed de novo. See, e.g., Malinak v. Malinak, 242 N.C. App. 609,
612, 775 S.E.2d 915, 916 (2015). “Under a de novo standard of review, this Court
considers the matter anew and freely substitutes its own judgment for that of the
trial court.” Reese v. Mecklenburg Cnty., 200 N.C. App. 491, 497, 685 S.E.2d 34, 38
(2009) (citation omitted).
In the Pretrial Order, the townhome was included on Schedule D, which
contained “a list of marital property upon which there [wa]s [d]isagreement as to the
[d]istribution and [d]isagreement as to value.” (Emphasis added.) The townhome did
not appear on Schedule G, which listed assets with “[m]ixed, [m]arital and [s]eparate
characteristics.” In other words, the parties’ stipulation to the townhome’s
classification as marital property was clear. The only issues the trial court had to
resolve with respect to items listed on Schedule D were (1) the property’s value and
(2) which party would become the owner.
During the equitable distribution hearing, the parties stipulated to the
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BIDDLE V. BIDDLE
Opinion of the Court
townhome’s value, as the trial court confirmed by stating: “So we’ve got a stipulation
that the value is 290.” Counsel for both parties confirmed that this was correct.
Husband also offered evidence consistent with the Pretrial Order in support of his
contention that an unequal distribution would be equitable because of his separate
contribution to the townhome. In response to his counsel’s question, Husband
testified that he would like the court to consider “giving [him] back [his] initial
investment of $108,000,” noting that he “understand[s] that it’s a marital asset, but
the initial part of it was from a separate account of $108,000.” (Emphasis added.)
In the Order, the trial court found that the townhome’s value was
$290,000.00—per the parties’ stipulation—but also “traced out” Husband’s
contributions by crediting Husband with his initial purchase price ($108,000) and
$55,307 in expenses as his separate property. The court also found that this left a
“marital and/or divisible value of $126,693.00.” Thus, the trial court assigned the
townhome a marital value of $126,693, rather than the stipulated $290,000, and
treated the remainder as Husband’s separate property.
This issue is controlled by our decision in Clemons v. Clemons, 265 N.C. App.
113, 828 S.E.2d 501 (2019). There, the parties stipulated that a townhome was the
wife’s separate property and had a net value of $186,000.00. Id. at 114, 828 S.E.2d
at 503. In the equitable distribution order, however, the trial court found that the
townhome contained a “marital component” and distributed that amount to the wife.
Id. On appeal, we held that “[b]ecause the parties had stipulated that the townhome
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Opinion of the Court
was [the w]ife’s separate property and that its value was $186,000.00, the trial court
erred by classifying a portion of it as marital and attempting to value it.” Id. at 121,
828 S.E.2d at 507.
Here, the trial court erred in classifying the townhome as a mixed marital and
separate asset contrary to the parties’ stipulation. As in Clemons, Husband and Wife
stipulated to their townhome’s value and its classification as marital property. See
id. at 114, 828 S.E.2d at 503. In doing so, the parties “eliminate[d] the necessity of
submitting that issue of fact” to the trial court and were precluded from taking an
“inconsistent position,” such as contending there was a separate component in the
townhome’s classification or value. Smith, 387 N.C. at 259, 912 S.E.2d at 765. The
parties did not, however, stipulate to the townhome’s distribution, and both parties
requested an unequal distribution of the marital estate.
The Pretrial Order’s terms further buttress the conclusion that the existence
of a separate component was a factual issue removed from dispute. Because it was
listed in Schedule D, the trial court had to determine only the item’s value and to
whom it would be distributed. Then, by reaching a stipulation on the townhome’s
value at the hearing, the parties further limited the issues before the trial court. And
because neither party moved to set aside these stipulations, they were binding upon
the parties. See Smith, 387 N.C. at 259-60, 912 S.E.2d at 765-66. And together, these
stipulations supplied the trial court with the facts necessary to support a proper
finding and reach the appropriate conclusion. See Clemons, 265 N.C. App. at 117,
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Opinion of the Court
828 S.E.2d at 505 (“In equitable distribution cases, stipulations in the pretrial order
are intended to limit the evidence needed and to define the issues the trial court must
decide.”). They also narrowed the precise issue the trial court had to rule on: the
townhome’s distribution. Id. Thus, the court erred in finding and concluding that
the townhome had a $163,307 separate component. See id. at 114, 828 S.E.2d at 503.
The trial court tried to reach an equitable result at the wrong stage of the
process. As discussed above, when a party requests an equitable distribution, the
trial court must conduct a three-step analysis. See id. at 115, 828 S.E.2d at 504
(noting that first, “the court must identify and classify all property as marital or
separate”; “[s]econd, the court must determine the net value of the marital property
as of the date of the parties’ separation”; and “[t]hird, the court must distribute the
marital property in an equitable manner”). During the third step—distribution—
“the trial court may conclude, within its discretion, that an unequal distribution is
equitable after considering the factors listed in [North Carolina General Statute
Section] 50-20(c) and making sufficient findings of fact to support its conclusion.”
Mugno, 205 N.C. App. at 277, 695 S.E.2d at 498; see also N.C. Gen. Stat. § 50-20(c)
(2025) (listing the distributional factors a trial court must consider upon determining
“that an equal division is not equitable”).
But here, instead of classifying the townhome as marital property (step one)—
valued at $290,000 (step two)—and then considering Husband’s separate
contribution as a distributional factor supporting an unequal distribution (step
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Opinion of the Court
three), the trial court wrongly attempted to do equity in step two. In the Order, the
court specifically rejected Husband’s contention that he should receive an unequal
distribution in his favor based upon the factor that the townhouse “was purchased
entirely with his separate funds and was originally titled only in his name.” The
court found that Husband’s separate contribution to the townhome’s purchase did
“not justify an unequal distribution in his favor” because the court “followed the
source of funds rule,” determining that Husband’s “separate contributions to th[e]
asset” should “be retained by him.” As support for that finding, the court cited
McLean v McLean, 88 N.C. App. 285, 363 S.E.2d 95 (1987). The trial court erred in
relying on McLean, but that case explains why the court rejected Husband’s
contention for unequal distribution. McLean dealt with the classification of property
as marital or separate, not an unequal distribution:
It is true that there may be both marital and separate
ownership interests in the same property. Our courts have
adopted a source of funds approach to distinguish marital
and separate contributions to a single asset. Under the
source of funds approach, each party retains as separate
property the amount he contributed to purchase the
property plus passive appreciation in value.
88 N.C. App. at 288-89, 363 S.E.2d at 98 (citations omitted).
The parties had stipulated to the townhome’s classification as marital
property, so the trial court could not classify any portion of the townhome as separate
property or assign any portion as having a separate value. See Clemons, 265 N.C.
App. at 114, 828 S.E.2d at 503. Husband properly requested that the trial court
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BIDDLE V. BIDDLE
Opinion of the Court
consider his separate contribution to the townhome’s purchase as a distributional
factor under North Carolina General Statute Section 50-20(c)—but the trial court
rejected Husband’s request based on its erroneous reclassification and valuation of
the townhome. See N.C. Gen. Stat. 50-20(c). Instead, the court should have
considered Husband’s “contribution of his separate property to the marital estate [as]
a distributional factor” under North Carolina General Statute Section 50-20(c).
Collins v. Collins, 125 N.C. App. 113, 116, 479 S.E.2d 240, 242 (1997).
As we explained in Clemons:
[B]y attempting to classify and value a “marital
component” of the townhome contrary to the stipulations
and evidence and then attempting an equitable result by
dividing the net estate equally, the court put the cart before
the horse. The trial court may in its discretion do equity in
the distribution, including an unequal distribution if
supported by the factors under [North Carolina General
Statute Section] 50-20(c), but it may not use equity to
classify or value marital property or debt. Where the trial
court decides that an unequal distribution is equitable, the
court must exercise its discretion to decide how much
weight to give each factor supporting an unequal
distribution. A single distributional factor may support an
unequal division.
265 N.C. App. at 125, 828 S.E.2d at 509 (citations and quotation marks omitted).
We therefore reverse and remand for the trial court to properly classify and
value the townhome in accordance with the parties’ stipulations and to distribute it
as well. See id. On remand, the trial court shall also make new findings as
appropriate regarding the townhome’s distribution, including reconsideration of
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Opinion of the Court
Husband’s contentions related to the townhome as listed on Schedule H of the
Pretrial Order. See id.
B. Checking Account’s Classification
Wife contends the trial court erred in “finding and concluding that Husband’s
[Wells Fargo] [C]hecking [A]ccount contained no marital funds because the parties
stipulated, during trial, that it contained $5,477.001 in marital funds.” As noted
above, we review the trial court’s failure to comply with a fact’s clear and definite
stipulation de novo.
In the Pretrial Order, the Wells Fargo Checking Account was listed on
Schedule G, “items with [m]ixed, [m]arital and [s]eparate [c]haracteristics.” Both
parties agreed the Wells Fargo Checking Account’s date-of-separation value was
$12,465; Husband contended $5,447 was marital and the remainder was separate.
The parties did not agree on the Wells Fargo Checking Account’s value or
classification. During the trial, Husband presented some evidence on the Wells Fargo
Checking Account and during Husband’s testimony, Wife’s counsel agreed that the
account’s marital value was $5,447.00:
[HUSBAND’S COUNSEL]: He’s saying that $5,477 –
[WIFE’S COUNSEL]: 447?
[HUSBAND’S COUNSEL]: Correct, is marital.
1 It appears this number is a typographical error. The number listed in Schedule G and stipulated to
at trial was $5,447.
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[WIFE’S COUNSEL]: Okay. We stipulate that that’s the
marital component and the rest of it is separate.
...
[WIFE’S COUNSEL]: Thank you.
THE COURT: So what’s my stipulated amount on this one
again, please, [Wife’s counsel]?
[WIFE’S COUNSEL]: $5,447 is the number that’s in the
middle of the page.
THE COURT: I see that. Do you accept that stipulation –
[HUSBAND’S COUNSEL]: Yes, Your Honor.
However, in the Order, the court found and concluded that the Wells Fargo
Checking Account’s date-of-separation value—$12,465—was Husband’s separate
property.
Wife is correct that the trial court overlooked the stipulation the parties
reached during the equitable distribution hearing. Husband argues only that he
“introduced an exhibit, without objection, that during the marriage [he had] used that
money and some of his separate funds to pay for marital expenses.” In Husband’s
view, that exhibit supported the court’s finding that the entire account was his
separate property. Husband is correct that he testified about the exhibit, but the
exhibit he references also show he had deposited $5,447 into the Wells Fargo
Checking Account during the marriage. He testified about this exhibit just before the
parties stipulated to the account’s marital value. Husband’s attorney stipulated that
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Opinion of the Court
the marital value was $5,447—the same number he had alleged as the marital value
on Schedule G of the Pretrial Order—and during the trial, Wife’s counsel also
stipulated to the amount.
Therefore, with respect to the Wells Fargo Checking Account, the trial court
erred by finding that the account’s entire value was Husband’s separate property.
Based on the stipulation at trial, the account’s marital value was $5,447 and the
remainder of the account balance should have been classified as Husband’s separate
property.
C. Marital Residence’s Valuation
Next, Wife contends that the trial court “erred in finding and concluding that
the distributable value of the former marital residence was $1,275,000 when the
parties stipulated that its distributable value was $1,100,000.” Wife acknowledges
that Husband filed the Notice and she filed a response and motion in limine before
the trial. She also acknowledges that the trial court considered the arguments from
both her and Husband before beginning to receive evidence. Yet she claims that the
trial court did not set aside the Pretrial Order’s stipulation, but ruled Husband could
“introduce a newer appraisal at a higher value.”
The marital home was listed on Schedule C, meaning the parties agreed that
it (1) was marital property and (2) had a $1,100,000 date-of-separation value. Before
the hearing, Husband filed the Notice, contending the marital residence had a
“current market value” of $1,375,000. Although the trial court denied Husband’s
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request to value the marital home and the lot as two separate parcels, it ruled that
Husband could offer evidence of the marital home’s value at the time of the hearing.
Then, at the hearing, an appraiser testified that the marital home’s fair market value
was $1,275,00. In the Order, the court found that the marital home’s date-of-
distribution value was $1,275,000 and that the “$175,000.00 increase in value from
the date of separation [was] due to passive market factors and that increase
represents, therefore, divisible property.”
Wife argues that this issue is subject to the same standard of review as the
first two issues because the trial court’s findings of fact were “contrary to stipulations
contained in an ED pretrial order” and so they are “reversible error.” However, the
trial court did rule on Husband’s Notice and Wife’s motion in limine regarding
Husband’s request to “amend” his contentions. It allowed Husband’s request as to
the marital home, at least in part. So we review the trial court’s findings on the
marital home’s valuation only to determine if they are supported by the evidence.
Shear v. Stevens Bldg. Co., 107 N.C. App. 154, 160, 418 S.E.2d 841, 845 (1992) (“[T]he
standard of review on appeal is whether there was competent evidence to support the
trial court’s findings of fact and whether its conclusions of law were proper in light of
such facts.” (citation omitted)).
Wife relies on Smith v. Smith to argue that because the trial court did not “set
aside” the Pretrial Order’s stipulation as to the marital home’s date-of-separation
value, it erred by considering Husband’s new-appraisal evidence of the home’s value
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Opinion of the Court
at the date of distribution. In Smith, although the wife had “moved to set aside the
14 January 2019 stipulations, the record nowhere indicate[d] that the trial court ruled
on the motion in any direct proceeding. Nor did the court dispose of the motion either
during or after the equitable distribution hearing.” 387 N.C. at 260, 912 S.E.2d at
766 (emphasis added). But this case is different—for here, unlike in Smith, the trial
court did “rule[ ] on the motion” of both Husband and Wife in a “direct proceeding.”
Id. And this Court has previously held that no particular form is required for a
parties’ request to present evidence different from a stipulation; the important
inquiry is whether the party made the request and the trial court addressed the
request at the hearing. See, e.g., Lowery v. Locklear Const., 132 N.C. App. 510, 514,
512 S.E.2d 477, 479 (1999) (“[The d]efendants moved to submit additional evidence
which sought to relieve them from a previously made stipulation. This motion was
tantamount to a motion to set aside a stipulation and should have been treated as
such by the Commission. The fact that the motion was not delineated as one to ‘set
aside a stipulation’ is not material.” (emphasis added)).
And unlike Smith, the hearing on Husband’s Notice and Wife’s motion in
limine fills the first twenty-six pages of the trial transcript. Husband’s Notice was
“tantamount to a motion to set aside a stipulation,” id., and the trial court correctly
considered it as such. The court considered and ruled on both parties’ requests,
allowing some modifications to the Pretrial Order and denying others. Although Wife
claimed that Husband should have instead filed a motion under Rules 59 or 60 of the
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North Carolina Rules of Civil Procedure instead of the Notice, the court considered
the substance of both parties’ contentions and requests and ruled that the Pretrial
Order would be amended. See id. Wife has neither challenged this ruling on appeal
nor asserted that the trial court made any legal error or abused its discretion by
amending the Pretrial Order. As a result, the facts and ruling in this case are not
controlled by Smith as to the Pretrial Order’s original stipulation on the marital
home’s value.
The evidence Husband presented regarding the marital home’s value at the
date of distribution was within the scope of the trial court’s ruling, which modified
the Pretrial Order’s stipulations on the marital home’s value at both the date of
separation and the date of distribution. The evidence supports the trial court’s
findings as to the value of the marital home. Shear, 107 N.C. App. at 160, 418 S.E.2d
at 845. Therefore, the trial court did not err in the marital home’s classification or
valuation.
D. Rollover Account’s Classification
Wife argues t