Sansom v. Sansom (Tennessee 2017)
The value of a house, given as a one-time gift, should not have been included in this parent’s gross income for child support. The trial court found that the house, under the facts of this case, could only fall into one income category - a gift that could be converted to cash. The trial court added a figure to the father’s monthly income that represented the value of the house, spread out over 30 years with a loan of 3.25 percent. The appellate court found that including the value, which was based on a hypothetical mortgage and speculative interest rate, was not appropriate.