Krach v. Krach, No. Fa 98-0114955 (May 1, 2002)
This text of 2002 Conn. Super. Ct. 5540 (Krach v. Krach, No. Fa 98-0114955 (May 1, 2002)) is published on Counsel Stack Legal Research, covering Connecticut Superior Court primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Opinion
"D. 401K Plans. Savings Plans. By Qualified Domestic Relations Orders, Annemarie shall be named the Alternate Payee for Fifty-five (55%) Percent of the total market value of Edward's 401K plans at Aetna and at Travelers, valued as of the date of decree after the reduction of the sum of Seventeen thousand ($17,000) Dollars from the Travelers account, together with all investment performance from date of decree to date of rollover distribution to her into an IRA or CT Page 5541 401K-type plant designated by her.
Said subparagraph of the separation agreement was incorporated in the judgment of the court verbatim on page 7 of the judgment file dated July 8, 1999 with the exception of the substitution of the terms of "plaintiff" and "defendant" for "Annemarie" and "Edward".
The plaintiff and the defendant are at odds as to the operative effect of said subparagraph. The plaintiff contends that the sum of $17,000.00 should be deducted from the Traveler's 401K prior to the division of said fund in the amount of 55% to the plaintiff and the remainder to the defendant. The defendant contends that said paragraph requires the parties to first deduct the sum of $17,000.00 from the Traveler's account prior to the division and transfer of 55% to the plaintiff by a QUADRO.
The Court heard testimony of the parties at a contested hearing and further reviewed the transcript of the canvass of the parties at the time of the Court's entry of the judgment dissolving the marriage (Defendant's Exhibit A). The trial court is duty bound to follow the common law precedent in construing the language used by the parties in this case.
When a judgment incorporates a separation agreement in accordance with a stipulation of the parties, it is to be regarded and construed as a contract. Barnard v. Barnard,
In giving meaning to the terms of a contract, the court should construe the agreement as a whole, and its relevant provisions are to be considered together. Barnard v. Barnard, supra; 17 Am.Jur.2d, Contracts 258. The contract must be construed to give effect to the intent of the contracting parties. Barnard v. Barnard, supra; Sturman v. Socha,
The Court concludes that the language of the judgment incorporating the agreement of the parties concerning the issue at hand is clear and unambiguous. The defendant's contention is inconsistent with the express language utilized by the parties in their separation agreement. The court can only rely on parol evidence as to intention when the language used is ambiguous. Said provision of the separation agreement incorporated into the judgment requires the parties to first deduct the sum of $17,000.00 from the Traveler's account with the plaintiff to receive 55% of the remainder of said account.
The Court hereby orders the parties to prepare the Traveler's Qualified Domestic Relations Order for signature of the Court consistent with this decision.
___________________ Devine, J.
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