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Case No. 18-0625

In re the Marriage of Matherly

Michael Steven Matherly for the Estate of Maribel Matherly, Petitioner-Appellant

Carl W. Matherly, Respondent-Appellee

Michael Steven Matherly As Trustee on behalf of the Maribel Matherly Trust, as amended, Plaintiff-Appellant/Cross-Appellee

Carl W. Matherly, Defendant-Appellee/Cross-Appellant

Attorney for Appellant

William W. Graham and Wesley T. Graham

Attorney for Appellee/Cross-Appellant

Shaun Thompson

Attorney for Appellee Mary Beth Slezak

Joseph G. Gamble and Tara J. Higgins

Court of Appeals

Court of Appeals Opinion

Opinion Number:
18-0625
Date Published:
Jul 24, 2019
Summary

            Appeal from the Iowa District Court for Polk County, Michael D. Huppert, Judge.  AFFIRMED.  Heard by Tabor, P.J., and Mullins and Bower, JJ.  Opinion by Mullins, J.  (24 pages)

            Former spouses appeal and cross-appeal the financial provisions of their dissolution-of-marriage decree.  Trustee appeals the dismissal of claims against the husband relating to the wife’s trust.  OPINION HOLDS: We find Carl Matherly created a resulting trust in favor of his daughter, MaryBeth Slezak, when he transferred the assets of her trust into an investment account without her consent.  The resulting trust is not marital property and not subject to the court’s division of the marital estate.  We find the trial court’s division of the marital estate equitable, taking into consideration the factors under Iowa Code section 598.21(5) (2016) and the circumstances in this case.  We further find Steven Matherly’s claims against Carl relating to Maribel Matherly’s trust are barred under Iowa Code section 633A.4506.  Based upon these findings, we affirm the trial court’s decision in its entirety.  We decline to award appellate attorney fees.  Costs on appeal are assessed one-third to Maribel’s estate, one-third to Carl, and one-third to the Maribel Matherly Trust.

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