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(Download) "Marriage John H. Osborne and Joyce A." by Court of Appeals of Indiana No. 3-1075A237 " eBook PDF Kindle ePub Free

Marriage John H. Osborne and Joyce A.

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eBook details

  • Title: Marriage John H. Osborne and Joyce A.
  • Author : Court of Appeals of Indiana No. 3-1075A237
  • Release Date : January 17, 1977
  • Genre: Law,Books,Professional & Technical,
  • Pages : * pages
  • Size : 68 KB

Description

In a marriage dissolution action the husband appeals from that portion of the decree fixing the property rights of the parties and ordering support for their minor child.[Footnote 1] He asserts that under the facts and circumstances of this case the court's orders are an abuse of discretion. We agree. At the time of the dissolution the husband was 51 years of age and the wife was 46. They had been married nineteen years. There was one child, a seventeen year old daughter who was a senior in high school. At the time they were married the husband had some $5000 in assets. The wife had about $900 and a quantity of household utensils and furnishings. Both were employed throughout the marriage except for a three year period when the wife remained at home. The evidence established the husband's total earnings over the years to be about $115,000 and the wife's about $90,000. At the time of trial the husband earned approximately $18,000 per year. At that time the wife's salary had been recently increased to $20,000 per year. She also had previously received discretionary bonuses which were dependent upon her employer's profitability. She had a vested interest in a profit sharing retirement plan valued at approximately $9000. At retirement age the husband would be entitled to benefits under the Railroad Retirement Act.


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