Anestis Karasaridis v. Voula Constantarakos

CourtNew Jersey Superior Court Appellate Division
DecidedAugust 29, 2024
DocketA-1642-22
StatusUnpublished

This text of Anestis Karasaridis v. Voula Constantarakos (Anestis Karasaridis v. Voula Constantarakos) is published on Counsel Stack Legal Research, covering New Jersey Superior Court Appellate Division primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Anestis Karasaridis v. Voula Constantarakos, (N.J. Ct. App. 2024).

Opinion

NOT FOR PUBLICATION WITHOUT THE APPROVAL OF THE APPELLATE DIVISION This opinion shall not "constitute precedent or be binding upon any court ." Although it is posted on the internet, this opinion is binding only on the parties in the case and its use in other cases is limited. R. 1:36-3.

SUPERIOR COURT OF NEW JERSEY APPELLATE DIVISION DOCKET NO. A-1642-22

ANESTIS KARASARIDIS,

Plaintiff-Appellant,

v.

VOULA CONSTANTARAKOS,

Defendant-Respondent. ___________________________

Submitted May 7, 2024 – Decided August 29, 2024

Before Judges Rose and Smith.

On appeal from the Superior Court of New Jersey, Chancery Division, Family Part, Monmouth County, Docket No. FM-13-1338-20.

Berse Law, LLC, attorneys for appellant (Samuel J. Berse, on the briefs).

Abatemarco, Thomlison & Frantz, LLC, attorneys for respondent (Gregory B. Thomlison, on the brief).

PER CURIAM Plaintiff, Anestis Karasaridis, appeals the post-judgment equitable

distribution orders of the Family Part directing apportionment of plaintiff's

pension plan by way of a separate interest qualified domestic relations order

(QDRO). After a dispute between the parties about interpretation of the pension

distribution terms in their matrimonial settlement agreement (MSA), the court

appointed an expert to define the type of pension plaintiff possessed and

recommend whether the pension should be divided by way of a shared or

separate interest. After receipt of the expert report, the court issued an order

defining plaintiff's pension plan and directing that it be equitably distributed

with defendant Voula Constantarakos, according to the terms of the MSA, as a

separate interest.

Plaintiff moved for reconsideration of the order. After denial of

reconsideration, plaintiff appeals, arguing that the Family Part erred by issuing

its order, based on the opinion of the appointed expert, without discovery and a

hearing pursuant to Rule 5:3-3. We reverse and remand for proceedings

consistent with the rule and this opinion.

The parties married on July 3, 1999. Their final judgment of divorce

(FJOD) was entered on May 12, 2021. They do not share any children. The

A-1642-22 2 parties entered into a marital settlement agreement (MSA) which was

incorporated into their FJOD.

Terms of the MSA relevant to this appeal include:

6.1 [T]he parties agree to equally divide the marital coverture portion of all retirement accounts along with any gains or losses through the date of distribution. As such, except as otherwise specifically stated herein, [defendant] shall receive [fifty percent] of the value of [plaintiff's] retirement accounts from the date of marriage (July 3, 1999) or the commencement date of [plaintiff's] participation in each plan (whichever later occurs) through the filing date of the Complaint for Divorce (May 14, 2020), together with any passive appreciation or depreciation on said amounts through the date of the distribution in accordance with the principles enunciated in Marx v. Marx, 265 N.J. Super. 418, 627 A.2d 691 (Ch. Div. 1993). Likewise, except as otherwise specifically stated herein, [plaintiff] shall receive [fifty percent] of the value of [defendant's] retirement accounts from the date of marriage (July 3, 1999) or the commencement date of [defendant's] participation in each plan (whichever later occurs) through the filing date of the Complaint for Divorce (May 14, 2020), together with any passive appreciation or depreciation on said amounts through the date of the distribution in accordance with the principles enunciated in Marx v. Marx, 265 N.J. Super. 418, 627 A.2d 691 (Ch. Div. 1993).

....

6.3 Pursuant to Paragraph 6.1, [defendant] shall receive [fifty percent] of the marital coverture portion of [plaintiff's] retirement accounts. [Plaintiff] has indicated he has the following retirement accounts:

A-1642-22 3 ....

D. [Plaintiff's] Qualified Pension Benefit: The parties agree [plaintiff] has a Qualified Pension Benefit (AT&T Legacy Management Program) through his employer, AT&T. [Plaintiff's] Case Information Statement indicates this account had a value of approximately $257,368.00 as of December 31, 2019. This pension afforded [plaintiff] a monthly annuity payment of approximately $4,220.00 as of December 31, 2019. The parties agree [defendant] shall receive one-half (1/2) of the value of [plaintiff's] Pension Plan as of the date of the Complaint for Divorce, May 14, 2020, together with any passive appreciation or depreciation on said amount through the date of distribution. The parties shall cooperate with one another to provide [defendant] with her one-half share of this account. The parties shall equally share in the cost of a Qualified Domestic Relations Order (QDRO) if same is necessary to provide [defendant] with her one-half share of this account. The parties shall utilize the services of ALLPRO QDRO or any other company mutually agreed by the parties to prepare any such documents. The parties further agree that a loan taken by [plaintiff], if any, against this account shall not affect [defendant's] interest in the foregoing account.

E. [Plaintiff's] AT&T Pension Benefit Plan: [Plaintiff] asserts he does not have a defined benefit pension plan as part of his employment with AT&T. [Plaintiff] shall have an affirmative obligation to provide any and all documentation relative to his deferred compensation/pension plans. [Plaintiff] shall also execute an Authorization simultaneously with the signing of this Agreement to permit [Defendant] and her counsel to communicate directly with AT&T, Fidelity, or such brokerage firm who manages the AT&T pension plan so as to obtain all documentation

A-1642-22 4 relative to [plaintiff's] deferred compensation pension plan(s). To the extent any defined benefit account is discovered, [defendant] shall receive [fifty percent] of said pension plan from the date of marriage through the date of the Complaint for divorce. The parties shall equally share in the cost of the Domestic Relations Order necessary to prepare the DRO which shall be initiated within [thirty] days of receipt of the pension information. If the Authorization does not provide the requisite documentation, [defendant] shall have limited subpoena power to acquire the documentation from AT&T.

F. The parties intend for [defendant] to receive [fifty percent] of the marital coverture portion of [plaintiff's] retirement accounts pursuant to paragraph 6.1. In the event [plaintiff] has an account which is not specifically listed in the MSA, one-half of the marital portion of same, together with any passive appreciation or depreciation associated with any such account, shall be provided to [defendant]. The absence of any such account being specifically listed herein shall not constitute a waiver on the part of [defendant] as to her interest in same.

6.4 Pursuant to Paragraph 6.1, [plaintiff] shall receive [fifty percent] of the marital coverture portion of [defendant's] retirement accounts as set forth below:

A. [Defendant's] New Jersey TPAF Pension: The parties acknowledge [defendant] has a defined benefit plan known as a Teacher's Pension and Annuity Fund. [Plaintiff] shall receive [fifty percent] of the marital coverture of this account, namely from the date of [defendant's] entry in the plan through the date of the Complaint for divorce on May 14, 2020. ALLPRO QDRO or any other company agreed by the parties shall prepare the requisite DRO to divide the marital

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Anestis Karasaridis v. Voula Constantarakos, Counsel Stack Legal Research, https://law.counselstack.com/opinion/anestis-karasaridis-v-voula-constantarakos-njsuperctappdiv-2024.