Must Signing Bonus from Oil and Gas Lease Be Divided in Divorce?
James P. Kuhn v. Kelly L. Kuhn, now known as Cottle, Case No. 2014-0601
Fifth District Court of Appeals (Guernsey County)
- Is income generated from an oil and gas lease entered into after marriage on property owned by one spouse before marriage "active income" subject to division between spouses in a divorce or "passive income," which doesn't have to be divided?
- Does a spouse's signature on a real estate document create an ownership interest in the real estate or in any proceeds stemming from the real estate?
May 5, 2015