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In re Marriage of Taylor

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eBook details

  • Title: In re Marriage of Taylor
  • Author : Wisconsin Court of Appeals
  • Release Date : January 26, 2002
  • Genre: Law,Books,Professional & Technical,
  • Pages : * pages
  • Size : 59 KB

Description

1. Susan Taylor appeals a circuit court order directing that the 35% share of a 401(k) plan awarded to her under a divorce property division be subject to a proportionate share of losses incurred by the plan following the date of divorce. Susan claims that she should receive a sum equal to 35% of the market value of the plan as of the date of her divorce from Daniel Taylor, without deduction for the losses which ensued. We conclude that under the unambiguous language of the parties marital settlement agreement, Susan was awarded a 35% share of the plan as of the date of the divorce, and that Susans share, like Daniels, was subject to market gains and losses from that date until such time as she withdraws her share from the plan. Accordingly, we affirm the appealed order.


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