Supreme Court of North Carolina
Loran S. Clark v. Margaret J. Clark
October 7, 1980301 N.C. 123
Summary
The court affirmed the permanent alimony award, holding that the trial court properly evaluated the parties' accustomed standard of living, could consider tax consequences, and was not required to resolve possession of the marital home in the alimony judgment. It also upheld exclusion of a valuation projecting stock value indefinitely into the future. The court reversed the counsel-fee ruling because the $500 award constituted an abuse of discretion and remanded for reconsideration of that award.