In re Marriage of Perdue

Respondent, Robert J. Perdue, and petitioner, Jacqueline Perdue, n/k/a Jacqueline Wesstrom, were divorced in June 1980. They had entered into a separation agreement which was incorporated into the dissolution judgment and which purported to specify petitioner’s interest in respondent’s employer’s profit sharing trust (the trust). Respondent appeals from the construction given the agreement by the circuit court of Lake County.

In addition to being an employee with a vested interest in the trust, respondent is a partial owner of the employer and was one of two trustees of the trust. In January…