Spratling v. SpratlingSpratling v. Spratling
- Reporters:
- ,
- Before:
- Howerton
Obie Spratling appeals from a judgment of the Hardin Circuit Court and alleges that the court erred by awarding Gladys a portion of his vested military pension, by requiring him to pay a debt of $1,000 to Sears, and by allowing Gladys to reside in the marital residence until their child reaches age 18 or is emancipated or until the parties move from the home. We find no reversible error concerning any of these issues, and we affirm the judgment.
Obie’s military pension is vested. He has not retired, but upon retirement he will be entitled to receive retired benefits, which the court determined to be a marital asset as authorized by
Obie argues that the decision is premature, because it is possible that he will retire under a disability benefit rather than his longevity benefit.
Subject to the limitations of this section, a court may treat disposable retired or retainer pay payable to a member for pay periods beginning after June 25, 1981, either as property solely of the member or as property of the member and his spouse in accordance with the law of the jurisdiction of such court.
Obie’s retirement pay is vested. It is a valuable marital asset. Gladys has earned an entitlement to a portion of this retirement pay from and after the time it is received. Its present value could be determined actuarially, but it is very doubtful that Obie would be able to pay Gladys her value in this marital asset. She is entitled to receive her earned portion, and the court logically and properly ordered that it be paid beginning at the time Obie begins drawing his retirement pay. Whatever pay he ultimately receives, and for whatever purposes, he must satisfy paying Gladys her value in this asset. If Obie ultimately retires in whole or in part on a disability pension from the Army, the court may reconsider what part of the payment, if any, must be exempt as an additional benefit over and above the longevity retirement pay. Nevertheless, Gladys will be entitled to receive what would otherwise be her value of the normal longevity retirement pay. This should not be a problem, but if it becomes a problem, the court can resolve
As to the requirement that Obie pay a $1,000 debt to Sears, we find no problem. The trial court determined that the debt was a marital debt, and in making the division of marital properties and assignment of all assets and debts, the court ordered that this debt be paid by Obie. We find nothing reversible on this point in fact or law.
Obie finally argues that the trial court erred by allowing Gladys to reside in the marital residence until the emancipation of their child. The present problem is that Gladys has now remarried and continues to reside in the home.
The judgment of the Hardin Circuit Court is affirmed.
All concur.