Fields v. Fields
This text of 233 S.E.2d 768 (Fields v. Fields) is published on Counsel Stack Legal Research, covering Supreme Court of Georgia primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Opinion
This is an appeal from an order finding appellee in wilful contempt of court for failure to comply with certain provisions of a separation agreement which was incorporated into the parties’ divorce decree, and not in contempt as to certain other provisions.
1. The trial court did not err in finding as fact that, [512]*512for the purposes of application of the "escalator clause” relating to alimony payments, the income of the appellee is to be determined according to his adjusted gross income as reported on his federal income tax returns.
2. The second issue is whether the trial court erred in finding that appellee was in compliance with a provision of the agreement which provides that appellee "shall set up a $75,000.00 Trust and Insurance Fund, made payable to the [appellant], upon his death, and it is agreed that the cash accumulation and cash value in said Trust and Insurance Program shall be vested in [appellant], the purpose of said fund being to assure in the event of his death, the carrying out of the provisions of this agreement.”
The trial court construed the above provision of the agreement "as requiring [appellee] to maintain a sufficient trust and insurance program to meet his obligations to [appellant] in case of his death before these obligations are met.”
Appellant has remarried and it appears that the only obligations which remain under the agreement are in connection with the payment of the mortgages and taxes on the home. The trial court found, as a fact, that appellee is presently maintaining life insurance with a face value of approximately $80,000 payable to his estate, in trust for appellant. The trial court also found that despite the fact that the appellee had borrowed heavily against the policies, that the insurance was sufficient to meet the obligations of the agreement. We have reviewed the record and we find no error.
Judgment affirmed.
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Cite This Page — Counsel Stack
233 S.E.2d 768, 238 Ga. 511, 1977 Ga. LEXIS 1079, Counsel Stack Legal Research, https://law.counselstack.com/opinion/fields-v-fields-ga-1977.