� 1 Gary Nagle has appealed following entry of an equitable distribution award entered in this divorce action between his parents, Mary S. and James D. Nagle. He challenges a number of the divorce court’s decisions relating to eighty shares of stock that are titled in Appellant’s name.
*fn1 The divorce court concluded that the stock was marital property, imposed a constructive trust on the stock in favor of Appellant’s parents, valued the stock for equitable distribution purposes as of the date of distribution, and ordered Appellant to buy-out his parents’ interest in the stock. We affirm.
� 2 The record indicates the following. On October 21, 1994, Mary Nagle (“Wife”) instituted this divorce action against James Nagle (“Husband”). She indicated that she and her husband were married on July 23, 1942, and that they had been separated for more than two years. The record also indicates that the parties actually had been separated since approximately 1972, that they had seven children, and that during the 1950s, Wife was a homemaker raising those children. In her divorce complaint, Wife requested alimony, alimony pendente lite, costs, counsel fees, and equitable distribution of the marital property. On April 4, 1995, the parties entered a consent order regarding the payment of alimony pendente lite, which was set in the amount of $1,000 per month. The matter was referred to a master.
� 3 Two master’s hearings were held in June 1997, two additional hearings were held in October 1997, and a final hearing was held in January 1998. On May 4, 1998, Wife filed a motion to join Appellant as an additional defendant and filed a third party complaint against him. Those documents contain the following allegations. The primary marital assets consist of land, which is jointly owned by Husband and Wife, and a business located on that land. The business is known as James Nagle’s Rebuilt Truck Parts and Sales, Inc. (the “Corporation”). Its stock, which at one time was owned wholly by Husband and was acquired during the marriage, primarily is titled in Appellant’s name. Husband transferred his majority interest in the business to Appellant without consideration on January 11, 1995, approximately three months after this divorce action was instituted. At the June master’s hearings, the parties stipulated that for equitable distribution purposes, Husband owns eighty percent of the stock. Attached to the joinder petition is an excerpt from the master’s hearing wherein Husband stipulated that he owned eighty percent of the stock of the Corporation, and Wife agreed to this stipulation. “[Appellant] was present when [this] stipulation was made.” Third Party Complaint, 4/30/98, at� 11.
