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Spouses tell judge they settled division of gold, cash and personal property; order to be submitted
Summary
Counsel told Judge David D. Wolfe the parties reached an agreement resolving multiple motions and dividing personal property including gold bars and lockbox cash. Court accepted the representation and instructed parties to submit a proposed order; parties will retrieve listed items and equally divide bank cash.
Counsel for both parties told Judge David D. Wolfe they had resolved several outstanding motions and reached a settlement dividing household items, precious metals and cash.
At a hearing counsel reported the settlement covers "gold, silver, cash, and personal property," and that the parties had attached an addendum listing personal items. Under the agreement the husband will retrieve certain items listed in the addendum on November 15 from the marital residence at 2834 Mostly Theory Road in Ashley City, and will receive all silver stored in a home safe. The parties said they will divide gold as follows: the wife will receive 11 gold bars and the husband 10. The parties also said they would immediately travel to United Community Bank to divide and equally split the cash in a lockbox; each side asserted the wife will receive $30,000 and the husband $30,000 in cash.
Counsel stated the parties will pay their own attorney fees and discretionary expenses. At the hearing counsel said they would submit a formal order instrument reflecting the agreement. The court accepted counsel—s representation that the parties were in agreement and that an order would be submitted.
The court did not announce other changes to parenting time or to the separate accounts that were specifically excluded from the settlement; counsel said a Raymond James account and a separate account identified as a "Quadro" remained under active negotiation and were not resolved in the announced agreement.
The judge instructed counsel to lodge the proposed order for the record. If the written order matches the settlement representation, the court will enter it and the listed retrieval and division steps will be implemented as described by counsel.
