← LexyCorpus index

LexyCorpus case page

CourtListener opinion 9412697

Date unknown · US

Extracted case name
pending
Extracted reporter citation
pending
Docket / number
pending
QDRO relevance 5/5Retirement relevance 5/5Family-law relevance 5/5gold label pending
Research-use warning: This page contains machine-draft public annotations generated from public opinion text. The headnote is not Willie-approved gold-label work product and is not legal advice. Verify the full opinion and current law before relying on it.

Machine-draft headnote

Machine-draft public headnote: CourtListener opinion 9412697 is included in the LexyCorpus QDRO sample set as a public CourtListener opinion with relevance to ERISA / defined contribution issues. The current annotation is conservative: it identifies source provenance, relevance signals, and evidence quotes for attorney/agent retrieval. It is not a Willie-approved legal headnote yet.

Retrieval annotation

Draft retrieval summary: this opinion has QDRO relevance score 5/5, retirement-division score 5/5, and family-law score 5/5. Use the quoted text and full opinion below before relying on the case.

Category: ERISA / defined contribution issues

Evidence quotes

QDRO

g husband from "disposing and/or encumbering any assets . . . , except as necessary in the ordinary course of business and only as mutually and expressly agreed to by the [p]arties." Husband argues that 8 On the same day, the circuit court also entered a qualified domestic relations order transferring 4,355 shares of Falco common stock to wife from "the Falco eMotors Inc. 401K Plan F/B/O Rakesh Dhawan." 9 Wife argues that husband's objections were not timely and did not preserve his arguments for appeal because they were filed after the entry of the final order of divorce. We disagree, as the circuit court expressly granted the parties lea

401(k)

ffered to value Falco at "approximately Despite finding that the accounts were marital, the circuit court did not divide Falco's 7 PayPal account and Wells Fargo checking account. -7- $200,000," based on an exhibit that was prepared for "purposes of the 401(k)," and allow husband to pay wife a monetary award for her share. Wife objected and argued that she "had asked not to distribute Falco USA because the valuation was . . . not represented" by that exhibit. Wife asked the circuit court to equalize the Falco shares, which it did. Next, the circuit court considered debts that "were taken out" by husband or F

domestic relations order

from "disposing and/or encumbering any assets . . . , except as necessary in the ordinary course of business and only as mutually and expressly agreed to by the [p]arties." Husband argues that 8 On the same day, the circuit court also entered a qualified domestic relations order transferring 4,355 shares of Falco common stock to wife from "the Falco eMotors Inc. 401K Plan F/B/O Rakesh Dhawan." 9 Wife argues that husband's objections were not timely and did not preserve his arguments for appeal because they were filed after the entry of the final order of divorce. We disagree, as the circuit court expressly granted the parties lea

valuation/division

Falco. After wife filed her pleadings, husband removed wife as a director of Falco, claiming that she stole money from the company. Husband opposed wife's emergency 1 The parties were equal shareholders in Falco India. The circuit court did not "make any equitable distribution of this asset," which is not challenged on appeal. Therefore, all references to Falco in this opinion are to the American corporation. -2- motion and denied her claims that he was "wasting" corporate funds. On January 31, 2020, the parties appeared before the circuit court for argument on wife's emergency motion. Husband agreed "to provide a full detail

Source and provenance

Source type
courtlistener_qdro_opinion_full_text
Permissions posture
public
Generated status
machine draft public v0
Review status
gold label pending
Jurisdiction metadata
US
Deterministic extraction
pending
Generated at
May 14, 2026

Related public corpus pages

Deterministic links based on shared title/citation terms and QDRO / retirement / family-law retrieval scores.

Clean opinion text

COURT OF APPEALS OF VIRGINIA
UNPUBLISHED

 Present: Judges Athey, Ortiz and Senior Judge Clements
 Argued at Leesburg, Virginia

 RAKESH KUMAR DHAWAN
 MEMORANDUM OPINION* BY
 v. Record No. 0887-22-4 JUDGE JEAN HARRISON CLEMENTS
 AUGUST 1, 2023
 BONITA DHAWAN

 FROM THE CIRCUIT COURT OF LOUDOUN COUNTY
 Jeanette A. Irby, Judge

 Samuel A. Leven (The Baldwin Law Firm, LLC, on briefs), for
 appellant.

 Brandy M. Poss (Barnes & Diehl, P.C., on brief), for appellee.

 Rakesh Kumar Dhawan (husband) appeals a final order of divorce, which the circuit court

 entered on May 17, 2022. Husband argues that the circuit court erred when "it placed prohibitions

 and restrictions on the parties' business." Husband further contends that the circuit court erred in

 distributing assets of the business and ordering husband "to personally pay debts belonging to the

 parties' business" "despite said business being a separate corporate entity." Husband also

 challenges the circuit court's distribution of the business "when there was no evidence in the record

 as to the valuation of the business." In addition, husband argues that the circuit court erred in

 determining his income for spousal support and child support purposes and ordering that the support

 be retroactive. Husband asserts that the circuit court erred in ordering husband to pay Bonita

 Dhawan (wife) $6,400 for her "post-separation paychecks." Finally, husband contends that the

 circuit court abused its discretion by ordering him to pay wife's attorney fees "when the award was

 *
 This opinion is not designated for publication. See Code § 17.1-413(A).
 based at least in part on other erroneous rulings and was not justified by the equities of the case."

For the reasons stated below, we affirm the circuit court's decision in part, reverse in part, and

remand this case to the circuit court for further proceedings consistent with this opinion.

 BACKGROUND

 "When reviewing a trial court's decision on appeal, we view the evidence in the light

most favorable to the prevailing party, granting it the benefit of any reasonable inferences."

Shah v. Shah, 70 Va. App. 588, 591 (2019) (quoting Congdon v. Congdon, 40 Va. App. 255, 258

(2003)). Here, wife is the prevailing party, so we consider all the evidence in the light most

favorable to her.

 The parties married in 1995 and had two children. During the marriage, the parties

started Falco eMotors, Inc., an American corporation, (Falco) and Falco eMotors Private

Limited, an Indian company (Falco India).1 Falco "markets and sells electric bike conversion

systems"; whereas Falco India "manufactures and sells commercial fans" from India. Husband

owned 79% of the Falco shares, and wife owned 21%. Both parties also served as directors of

Falco; husband was the president, and wife was the vice president.

 On August 1, 2019, the parties separated, and approximately three months later, husband

advised wife that she was "terminated" from Falco. He blocked her access to Falco and its

emails. Husband also withdrew funds from Falco for personal expenses. Wife subsequently

filed a complaint for divorce and an emergency motion to enjoin husband from "disposing [of]

and/or encumbering any assets" and "taking any adverse action against [her] with regard to her

position" with Falco. After wife filed her pleadings, husband removed wife as a director of

Falco, claiming that she stole money from the company. Husband opposed wife's emergency

 1
 The parties were equal shareholders in Falco India. The circuit court did not "make any
equitable distribution of this asset," which is not challenged on appeal. Therefore, all references
to Falco in this opinion are to the American corporation.
 -2-
 motion and denied her claims that he was "wasting" corporate funds. On January 31, 2020, the

parties appeared before the circuit court for argument on wife's emergency motion. Husband

agreed "to provide a full detailed accounting for any funds dispersed from the company

accounts" and represented that the accounting would be provided in discovery. In addition,

husband agreed to not "take[] any steps . . . to economically isolate [wife] by blocking her access

and/or use of the parties' financial accounts or assets." Husband and wife also agreed to a

mutual injunction against the "waste of marital assets."

 Then the parties each presented their arguments regarding husband's management of

Falco's assets and liabilities and wife's involvement in the business. In her motion, wife had

requested an order enjoining husband from "selling, gifting, transferring, pledging and/or

otherwise disposing and/or encumbering any assets . . . or otherwise diminishing the marital

estate or increasing marital debt . . . , except as necessary in the ordinary course of business and

only as mutually and expressly agreed to by the [p]arties." Acknowledging that the circuit court

could order husband "not to waste" a business asset, husband argued that there was "no

authority" to allow wife to "control" how he used business funds because as president and

majority shareholder, only he managed the business. Over husband's objections, the circuit court

granted wife's request. The circuit court did not address wife's request to reinstate her as vice

president of Falco.

 After the hearing, both parties sought clarification of the circuit court's ruling, and

husband moved for reconsideration, which the circuit court denied.2 Furthermore, Falco, by

special appearance of counsel, moved to intervene and challenge the circuit court's jurisdiction

to "enter an order regarding the assets and interests of Falco." The circuit court denied Falco's

 2
 Husband also filed an amended motion for reconsideration, which the circuit court
denied.
 -3-
 motion because it had not yet entered an order after the hearing on wife's emergency motion and

"therefore there [was] no order controlling corporate assets that are not marital property."

Several months after the hearing, the circuit court entered an order memorializing its ruling on

wife's emergency motion. As part of its order, the circuit court "reserved for further

adjudication" wife's request to enjoin husband from "taking any adverse action against [her]

with regard to her position with the [c]ompany and to reinstate her as [v]ice [p]resident thereof."3

 In addition to the orders regarding Falco, the circuit court entered a pendente lite support

order, directing husband to pay $4,317 per month for spousal support and $1,508 per month for

child support, as of September 1, 2020.4 In addition, the circuit court granted wife's request for

"retroactive" spousal and child support for the period between December 2, 2019 and August 31,

2020, and ordered husband to pay a lump sum amount totaling $52,425.

 After the entry of the pendente lite order, wife filed a petition for a rule to show cause,

arguing that husband was not complying with the injunction order.5 Wife alleged that husband

had transferred and/or disposed of assets without "the mutual and express agreement" of the

parties and "[n]ot within the ordinary course of business." Claiming that husband had

transferred funds from Falco to pay his retroactive support obligations, wife sought an order

requiring husband to "restore" the money he took and enjoin him from using marital funds to pay

his support obligations. In response, husband reiterated that wife "improperly allege[d] that the

assets of the corporation in the ordinary course of business are subject to the [c]ircuit [c]ourt's

 3
 Husband had retained new counsel, who endorsed the order as "Seen and Agreed."
 4
 The circuit court determined husband's monthly income was $15,417 and wife's
monthly income was $0. The parties had agreed that wife would have primary physical custody
of the children.

 Upon entry of an agreed order, wife filed an "Amended Verified Petition for Rule to
 5

Show Cause."
 -4-
 jurisdiction in the divorce matter." Acknowledging that the "shares of the company may be

considered marital assets," husband argued that "categorization [did] not reach to the assets of

the corporation, or to any actions taken by the corporation via its fiduciaries." After hearing

evidence and argument, the circuit court found that the evidence was sufficient to find husband

in contempt of the injunction order, but it declined to hold him in contempt. The circuit court

ordered husband to "consult" with wife "regarding all the withdrawals, expenditures and

pledges" of Falco as of July 31, 2020, and to "replenish any funds he withdrew and/or transferred

and/or pledged" from Falco which wife believed were "not in the ordinary course of business

and/or which were not necessary business expenses from July 31, 2020 forward."

 Less than four months later, husband again requested relief from the circuit court's

orders, specifically that he needed wife's approval "for every company expenditure." He alleged

that because wife would "not approve regular and necessary business expenses, the businesses

[were] nearing collapse." Wife responded that husband had not complied with the circuit court's

order to provide her with "complete access" to Falco's books, which "gravely inhibited" wife's

ability to approve expenditures. At a review hearing, the circuit court found husband in

contempt and ordered him to "replenish the sum of $86,834.91," which represented personal

expenses, to Falco's business account and "make available" to wife all of the companies'

"electronic and other databases, records and bank accounts." The circuit court found that wife

approved business expenses "on many occasions," but also was "frozen out," especially when

she questioned "figures appearing in the Falco account and then ending up in the personal

accounts." It concluded that wife "should not have to fight and fight and fight and fight for

information." It also ordered husband to "provide written confirmation to all employees,"

advising them that they were to "immediately" cooperate with wife by answering her questions

and providing her with information she requested.

 -5-
 In preparation for trial, both parties submitted written pleadings regarding the equitable

distribution factors and their proposals for custody, visitation, and support.6 Husband and wife

agreed that Falco was a marital asset. Husband asserted that it had "little intrinsic value," and

wife simply stated that the value had not yet been determined.

 Thereafter, on February 4, 2022, the circuit court entered an order incorporating the

parties' "Partial Marital Agreement," in which they agreed to list the marital residence for sale,

pay for "all agreed-upon repairs" to the house "with funds contained in the Falco e-Motors, Inc.

Capital One Bank Account," and to repay the bank account at the settlement before any other

distributions. The parties also agreed to use the proceeds from the sale of the marital residence

to pay certain debts, with any remaining funds to be held in escrow.

 On February 28, March 1, 2, and 10, 2022, the parties presented evidence and argument

regarding Falco, its valuation, their marital assets and debts, and their incomes. Both parties had

retained vocational experts. Wife's expert opined that husband was capable of earning at least

$250,000 per year. Husband's expert opined that wife was capable of earning between $57,000

and $75,000 as a sales account manager, a sales representative, or an executive assistant.

Furthermore, wife presented evidence that she had incurred $307,861 in attorney fees and

$42,244.74 in costs as of March 23, 2022.

 After the circuit court heard all the evidence and argument, but before it rendered an

opinion, the former marital residence sold. The parties agreed to reimburse the Falco Capital

One bank account for house repair expenses and to disburse some of the funds to their counsel,

with the remaining funds held in an escrow account pending equitable distribution.

 6
 On June 14, 2021, the circuit court entered a consent custody and visitation order, which
awarded joint legal custody and primary physical custody to wife with parenting time to
husband.
 -6-
 On March 24, 2022, the circuit court issued its ruling. As relevant to this appeal, the

circuit court reviewed the Code § 20-107.3(E) factors for equitable distribution. The circuit

court considered the parties' roles in Falco and found that wife had been "very active" in the

company before their separation. During the marriage, the parties had used the Falco accounts

"as their personal accounts" to meet their expenses. The parties also had a home equity line of

credit of $300,000, from which they borrowed funds for Falco. In 2018, husband had

"approached" wife about "step[ping] down" from Falco, which she had refused to do.

Undeterred, husband removed wife from Falco, and then, when she tried to claim unemployment

benefits, she was denied because "of an unfounded allegation of theft." The circuit court found

that wife's removal had a "disastrous effect on the success" of the company. Husband had

withdrawn money from Falco for "nonbusiness-related expenses," such as his payment of

pendente lite support arrearages, living expenses, and legal fees, and used his control of the

company to limit wife's access "to any financial wherewithal." After the parties separated,

husband also had "removed" Falco's reimbursement of wife's credit cards but did not do so with

his credit cards.

 The circuit court classified Falco as marital property. It found that Falco was "a

corporation in name only as the husband freely used funds from the business for his personal

expenses and even when business expenses were refunded . . . , the refunded money sometimes

went into his personal account."

 The circuit court divided Falco's Capital One checking account equally between the

parties.7 It also equalized the Falco shares, "so that they each become [50] percent

shareholders." Alternatively, the circuit court offered to value Falco at "approximately

 Despite finding that the accounts were marital, the circuit court did not divide Falco's
 7

PayPal account and Wells Fargo checking account.
 -7-
 $200,000," based on an exhibit that was prepared for "purposes of the 401(k)," and allow

husband to pay wife a monetary award for her share. Wife objected and argued that she "had

asked not to distribute Falco USA because the valuation was . . . not represented" by that exhibit.

Wife asked the circuit court to equalize the Falco shares, which it did.

 Next, the circuit court considered debts that "were taken out" by husband or Falco after

the separation, including a PayPal loan, a small business administration loan, a bank loan, and a

payroll protection program loan. The circuit court found that these debts were not marital, but

husband's separate debts, and ordered him to be solely responsible for them.

 Finding that wife had a need for spousal support and husband had the ability to pay, the

circuit court considered the Code § 20-107.1(E) factors to determine the amount of the spousal

support award. The circuit court found that Falco had "covered most if not all of the parties'

living expenses"; however, after they separated, husband "did not successfully maintain that

business" and wife had either "no real access" or "limited access" to the company. Thus, the

circuit court expressed concern as to whether Falco would be able to "generate a sufficient

income to provide for the living expenses that are needed to support a reasonable lifestyle."

 Considering the vocational expert opinions, the circuit court found that wife did not

"meet the stated requirements" for many of the jobs that husband's expert suggested for her.

Wife had been "out of the open job market for [20] years," but had been "active" in Falco.

Accordingly, the circuit court found that wife would need some time to "transition to a career

outside the home," so it imputed income to her of $30,000 per year, beginning one year after the

entry of the final decree. On the other hand, the circuit court found wife's expert to be

"well-qualified" and accepted his opinion that husband could earn $250,000 per year. In 2021,

husband began working for Daikin Applied Americas, Inc., where he earned "at least $140,000

per year." He testified that he was "transitioning out of Falco Motors but then later on during

 -8-
 testimony said that he would not." The circuit court found that husband had retained funds from

Falco, of which he availed himself for personal expenses, equaling "at least $134,600 per year."

Therefore, the circuit court found that husband's "actual income" was "at least $274,000 per

year."

 The circuit court awarded wife a lump sum spousal support award of $180,000 "for the

first three years," to be paid from the funds held in escrow, and then in year four, she would

receive $5,000 per month for an undefined duration. The circuit court then prepared two

calculations of child support guidelines, one with no imputation of income for wife and one with

imputing income to wife. The circuit court ordered husband to pay $1,954 per month in child

support "for the first year from the date of entry" of the final order and $1,861 per month

thereafter. The circuit court also ordered that the support awards were retroactive to the filing of

the complaint for divorce, "after applying a credit" for all pendente lite support payments.

 When considering whether to award attorney fees, the circuit court found that husband

had filed several "frivolous" motions and had been found in contempt more than once. The

circuit court noted that the issues were "complex," especially when determining business and

personal expenses and the court's "authority over a corporation that clearly, although no formal

corporate veil piercing was done, informally these parties just used this business however they

chose to use it." After "balancing all of the equities and the totality of the circumstances and the

financial positions of the parties," the circuit court awarded wife $68,000 in attorney fees, plus

$21,000 in costs.

 -9-
 On May 17, 2022, the circuit court entered the final order of divorce, memorializing its

rulings.8 The final order provided that each party had 21 days from its entry to file objections.

Husband filed his objections on May 31, 2022.9 Husband appeals.

 ANALYSIS

 I. Equitable Distribution

 "[A]ll trial court rulings come to an appellate court with a presumption of correctness."

Sobol v. Sobol, 74 Va. App. 252, 272 (2022) (quoting Wynnycky v. Kozel, 71 Va. App. 177, 192

(2019)). The Court will not overturn an equitable distribution award unless we find "an abuse of

discretion, misapplication or wrongful application of the equitable distribution statute, or lack of

evidence to support the award." Dixon v. Dixon, 71 Va. App. 709, 717-18 (2020) (quoting

Anthony v. Skolnick-Lozano, 63 Va. App. 76, 83 (2014)). "Because making an equitable

distribution award is often a difficult task, ‘we rely heavily on the discretion of the trial judge in

weighing the many considerations and circumstances that are presented in each case.'" Sobol, 74

Va. App. at 272 (quoting Howell v. Howell, 31 Va. App. 332, 350 (2000)).

 A. Pendente Lite Order

 Shortly after wife filed her complaint for divorce, she sought an injunction to preserve the

parties' assets, including Falco. The circuit court entered a pendente lite order enjoining husband

from "disposing and/or encumbering any assets . . . , except as necessary in the ordinary course

of business and only as mutually and expressly agreed to by the [p]arties." Husband argues that

 8
 On the same day, the circuit court also entered a qualified domestic relations order
transferring 4,355 shares of Falco common stock to wife from "the Falco eMotors Inc. 401K
Plan F/B/O Rakesh Dhawan."
 9
 Wife argues that husband's objections were not timely and did not preserve his
arguments for appeal because they were filed after the entry of the final order of divorce. We
disagree, as the circuit court expressly granted the parties leave to file their objections within 21
days of the entry of the final order, which husband did.
 - 10 -
 the circuit court exceeded its authority when it placed "prohibitions and restrictions" on the

parties' business by ordering that wife had to approve all corporate expenditures. Husband

emphasizes that the corporate veil had not been pierced and Falco was a separate corporate entity

that was not a party to the divorce proceedings.10

 "[W]hile a divorce suit is pending, Code § 20-103(A)(vii) authorizes the circuit court to

enter orders ‘to preserve the estate of either spouse, so that it be forthcoming to meet any decree

which may be made in the suit[.]'" Hoffman P'ship, LLP by Hoffman v. Circuit Court of

Spotsylvania Cnty., 72 Va. App. 206, 216 (2020) (second alteration in original). A pendente lite

order preserves the status quo of the parties until a final decree of divorce. Everett v. Tawes, 298

Va. 25, 34 (2019). It has "no presumptive or determinative effect on the underlying cause of

divorce." Id.; see also Code § 20-103(J) ("[a]n order entered pursuant to this section shall have

no presumptive effect and shall not be determinative when adjudicating the underlying cause").

 Here, the circuit court entered the pendente lite order to preserve the marital assets,

including Falco. At a subsequent hearing, the circuit court found that the parties owned "100

percent" of their companies and the companies were closely held corporations, "controlled"

solely by husband and wife. Throughout the pendency of the litigation, the parties disagreed over

wife's involvement and authority in running the parties' businesses; indeed, the circuit court found

husband in contempt when he failed to comply with the pendente lite order by spending

corporate funds "without mutual and express agreement." At the final hearing, the circuit court

found that husband "continued throughout this litigation to take actions which diminished the

marital estate," which it considered when issuing its final ruling.

 10
 During oral arguments, wife conceded that Falco was a separate legal entity and the
corporate veil had not been pierced.
 - 11 -
 On appeal, husband asks this Court to reverse the circuit court's pendente lite and contempt

orders and remand the matter to the circuit court "for further proceedings as necessary to undo the

damage done to the husband and to Falco USA and Falco India by these improper orders."

Husband does not explain what damage he or the businesses sustained as a consequence of the

circuit court's orders, other than that he had to reimburse Falco for funds that he spent without

wife's consent.

 "It is this Court's duty ‘to decide actual controversies by a judgment which can be carried

into effect, and not to give opinions upon moot questions or abstract propositions, or to declare

principles or rules of law which cannot affect the matter in issue in the case before it.'"

Hollowell v. Va. Marine Res. Comm'n, 56 Va. App. 70, 77 (2010) (quoting Harrison v. Ocean

View Fishing Pier, LLC, 50 Va. App. 556, 570 (2007)). An issue becomes moot "when an event

occurs while a case is pending . . . that . . . ‘renders it impossible' for this Court to grant

appellant the relief requested." Id. at 77-78 (quoting Jackson v. Marshall, 19 Va. App. 628, 635

(1995)).

 At this stage of the proceeding, it is "impossible" for this Court to grant the relief that

husband requests. Id. The parties made decisions regarding Falco and its daily activities that

cannot be undone now. The circuit court considered husband's actions throughout the pendency

of the suit when it issued its final ruling. Therefore, it is not possible for this Court to "undo" the

alleged damage to husband, Falco USA, and Falco India. Accordingly, we will not consider this

argument.

 B. Valuation and Distribution of Falco

 Husband argues that the circuit court erred in "distributing" Falco when neither party

presented evidence of its value. Husband further contends that the circuit court erroneously divided

 - 12 -
 Falco's Capital One checking account and apportioned several of Falco's debts to husband. We

agree.

 "The equitable distribution process is governed by Code § 20-107.3, which requires a

trial court to classify, value, and distribute property." Sobol, 74 Va. App. at 273; see also

Hamad v. Hamad, 61 Va. App. 593, 602 (2013) ("Equitable distribution involves three distinct

decisions: classification, valuation, and distribution."). "Code § 20-107.3(A) direct[s] the trial

court to ‘determine the value of any such property as of the date of the evidentiary hearing on the

evaluation issue.'" Sobol, 74 Va. App. at 274. "‘Code § 20-107.3 requires a trial court to value

the parties' separate and marital property before making a monetary award. The trial court's

valuation cannot be based on "mere guesswork."'" Stratton v. Stratton, 16 Va. App. 878, 883

(1993) (quoting Bosserman v. Bosserman, 9 Va. App. 1, 5 (1989)). The "burden is on the parties

to provide the trial court sufficient evidence from which it can value their property." Id. (quoting

Bosserman, 9 Va. App. at 5). "Trial courts valuing marital property for the purpose of making a

monetary award must determine from the evidence that value which represents the property's

intrinsic worth to the parties upon dissolution of the marriage." Bosserman, 9 Va. App. at 6; see

also Patel v. Patel, 61 Va. App. 714, 722-23 (2013) (same). "[E]xpert testimony is the most

expedient, and, in fact, the preferable method for [valuing marital property]." Koons v. Crane,

72 Va. App. 720, 740 (2021) (alterations in original) (quoting Stratton, 16 Va. App. at 883).

 Neither husband nor wife presented any evidence, including expert testimony,

establishing Falco's value. Husband emphasized the lack of valuation evidence during his

closing argument. Wife asserted that she could not "get these businesses valued because the

books are so cooked."

 During the trial, wife questioned husband about a document produced for Falco that

estimated the value of the business for purposes of their 401(k), which held their Falco shares.

 - 13 -
 Husband testified that the document was not valuing the business, and the document itself

specifically states that its purpose was only to estimate the value for IRS Form 5500 and was not

"a formal business valuation." Wife conceded that the exhibit could not "be used as a statement

of value for the business." She further admitted that the circuit court could not divide Falco

"because there's not a business valuation for a lot of reasons," including husband's "chicanery."

Instead, wife asked the circuit court to divide the 401(k) that held the parties' shares. The circuit

court granted wife's request, ordered equalization of the shares held in the 401(k), and entered a

qualified domestic relations order.

 Although husband argues on appeal that the circuit court could not distribute Falco

without first determining its value, he does not challenge the circuit court's finding that the

shares of Falco were held in the 401(k) or the transfer of those shares. Moreover, husband did

not appeal the qualified domestic relations order. Considering husband's concession, we will not

review the circuit court's division of the shares.

 In addition to equalizing the parties' shares in Falco, the circuit court divided equally

Falco's Capital One checking account and ordered husband to be "solely responsible" for "debts

he leveraged" against Falco, including a PayPal loan, payroll protection program loan, Clearbank

loan, SBA-EIDL loan, loan from CP Dhawan, loan from KL Dhawan, and payments made from

Falco's account to Rachel Virk, Westlake Legal, Sareen & Associates, and Robbins Research.

The Capital One account was an asset of Falco, and the debts were Falco's debts, not debts titled

in husband's name.

 "Property which is owned by third parties, including a corporation owned entirely by the

parties, is generally not marital property subject to equitable distribution." Cabral v. Cabral, 62

Va. App. 600, 611 n.8 (2013) (quoting 1 Brett Turner, Equitable Distribution of Property § 5:51,

at 531 (3d ed. 2005)). Accordingly, Falco's Capital One account and debts were not subject to

 - 14 -
 distribution under Code § 20-107.3, and the circuit court erred in distributing them as part of its

equitable distribution award. Therefore, we reverse the circuit court's distribution of the Capital

One account and the order directing husband to pay the PayPal loan, payroll protection program

loan, Clearbank loan, SBA-EIDL loan, loan from CP Dhawan, loan from KL Dhawan, as well as

the debts owed to Rachel Virk, Westlake Legal, Sareen & Associates, and Robbins Research.

 C. Wife's post-separation paychecks

 Husband argues that the circuit court erred when it ordered him to pay wife $6,400 for

her "post-separation paychecks."11 He contends that the circuit court "lacked authority" to order

him to pay wife because there was no evidence that the funds were in his "possession or control."

Husband further asserts that there is no evidence in the record that "this property even exists."

 "[D]ecisions concerning equitable distribution rest within the sound discretion of the trial

court and will not be reversed on appeal unless plainly wrong or unsupported by the evidence."

Wright v. Wright, 61 Va. App. 432, 450 (2013) (quoting McDavid v. McDavid, 19 Va. App. 406,

407-08 (1994)); see also Dixon, 71 Va. App. at 717-18 (same). Wife did not raise the issue of her

post-separation paychecks in her pretrial equitable distribution submission, nor did she address

 11
 Wife argues that "to the extent the funds held in escrow have been disbursed to [her],
[h]usband's appeal is moot." She contends that the "[v]oluntary payment of a judgment deprives
the payor of the right of appeal." Sheehy v. Williams, 299 Va. 274, 279 (2020). The Supreme
Court further explained that a party makes a voluntary payment when "‘the law would not
compel him to make' the payment." Id. (quoting Kent Sinclair, Sinclair on Virginia Remedies
§ 9-2, at 9-5 (5th ed. 2016)). Any payment made to wife, however, was not voluntary; therefore,
husband's argument is not moot.
 - 15 -
 the issue in her closing argument.12 Wife testified about her income from Falco and offered into

evidence her W-2's showing how much she had earned from 2016 through 2019. She also

testified that she had not received any compensation "from 2019 onwards" without further

explanation. This record contains no evidence to support the circuit court's ruling that husband

had to "reimburse" wife for $6,400 in post-separation paychecks, so we reverse the circuit

court's ruling.

 II. Support

 Husband also appeals the circuit court's spousal support and child support awards.

Virginia's statutory scheme mandates that a determination of spousal support requires

consideration, either directly or indirectly, of the equitable distribution provisions governing the

marital property. Code § 20-107.1(E)(8). The circuit court also is required to consider the

impact of the equitable distribution award on child support. See Code § 20-108.1(B)(11), (12),

(15) (permitting a court to deviate from the presumptive calculation under the child support

guidelines based on the "[e]arning capacity, obligations, and financial resources" of the parents,

"[p]rovisions made with regard to the marital property under § 20-107.3, where said property

earns income or has an income-earning potential," and "the equities for the parents and

children"). In addition, the child support guidelines include spousal support in the calculation.

Code § 20-108.2(C). "Because we here reverse in part the trial court's award of equitable

distribution, our case law is clear that, on remand, the trial court will also have to thoroughly

 12
 The record in this case spans more than 16,000 pages, and despite wife's reference in
her brief to her income, neither party pointed this Court to where the issue of wife's
post-separation paychecks was discussed. "[I]t is not the function of this Court to ‘search the
record for error in order to interpret the [parties'] contention and correct deficiencies in a brief.'"
Alwan v. Alwan, 70 Va. App. 599, 612 (2019) (first alteration in original) (quoting West v. West,
59 Va. App. 225, 235 (2011)). "Nor is it this Court's ‘function to comb through the record . . . to
ferret-out for ourselves the validity of [the parties'] claims.'" Id. (first alteration in original)
(quoting Burke v. Catawba Hosp., 59 Va. App. 828, 838 (2012)).
 - 16 -
 reassess" its spousal support and child support awards. Stark v. Dinarany, 73 Va. App. 733,

754-55 (2021).

 III. Attorney Fees

 A circuit court's decision to award attorney fees is reviewed "under the deferential abuse

of discretion standard." Sobol, 74 Va. App. at 288.

 Husband argues that the circuit court abused its discretion by ordering him to pay

$68,000 in attorney fees and $21,000 in costs. He contends that "the award of attorney[] fees

was made in the setting of numerous other rulings made by the trial court that . . . were

erroneous." Thus, if this Court reverses any of the circuit court's rulings, then husband asserts

that the attorney fee award also should be reversed and remanded for reconsideration. We

decline to do so.

 Although husband had argued that any attorney fee award should be reasonable, he did

not object to the circuit court's award. Accordingly, we find that husband did not preserve his

argument for appeal. "No ruling of the trial court . . . will be considered as a basis for reversal

unless an objection was stated with reasonable certainty at the time of the ruling, except for good

cause shown or to enable this Court to attain the ends of justice." Rule 5A:18. Therefore, we

will not consider this argument.

 IV. Appellate Attorney Fees and Costs

 Wife asks this Court to award her attorney fees and costs incurred on appeal. See

O'Loughlin v. O'Loughlin, 23 Va. App. 690, 695 (1996). "This Court has discretion to grant or

deny attorney's fees incurred on appeal." Stark, 73 Va. App. at 757. "[W]e do not find that

husband's appeal was ‘frivolous or lacked substantial merit,' or that the ‘equities of the case'

favor an award." Koons, 72 Va. App. at 742-43 (quoting Rule 5A:30(b)(3)-(4)). Accordingly,

we deny wife's request for attorney fees and costs.

 - 17 -
 CONCLUSION

 For the reasons discussed above, we affirm in part, reverse in part, and remand for further

proceedings consistent with this opinion.

 Affirmed in part, reversed in part, and remanded.

 - 18 -