Division of Military Retirement in Murfreesboro, TN Divorce: Collins v. Collins

Facts: Husband and Wife divorced after 18 years of marriage. On the day the case was scheduled to go to trial, Husband and Wife entered into a written agreement signed by both parties and their lawyers where Husband agreed, in relevant part, to pay Wife $2100 from his monthly military retirement benefit of $3678. The […]

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How Divorce after 50 May Affect Your Retirement Savings

This article by Janet Kidd Stewart in the Chicago Tribune is of interest. How Divorce after 50 May Affect Your Retirement Savings Getting unhitched this year? If you’re past 50, it’s critically important to pay attention to how your retirement savings weathers the storm. Divorce filings tend to surge at the beginning of the year, […]

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Alimony Terminated after Retirement in Chattanooga Divorce: Odom v. Odom

Facts: Husband and Wife divorced after 37 years of marriage. The marital estate was equally divided and Wife was awarded alimony in futuro of $10,000 per month. Five years later, Husband filed a petition to terminate alimony because of his pending retirement from the practice of orthopedic surgery. By the time of trial, Husband was […]

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Garnishing Retirement Accounts to Satisfy Judgment for Attorney’s Fees: Massey v. Casals

Facts: In a post-divorce child support modification proceeding, Father was ordered to pay Mother’s attorney’s fees in the amount of $22,000. To satisfy this judgment, Mother issued garnishments against Father’s E*Trade IRA accounts. Father filed a motion to quash the garnishments, which motion was denied by the trial court. Father appealed. On Appeal: The Court […]

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Qualified Domestic Relations Orders in Tennessee Divorce: Stiel v. Stiel

Facts: Husband and Wife divorced in June 1995 after 14 years of marriage. The parties entered into a marital dissolution agreement giving Wife one-half the value of Husband’s retirement plan earned during the marriage. Specifically, the Final Decree of Divorce provides “[t]hat . . . the General Motors retirement plan value earned during the marriage […]

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