Seifert v. Seifert

WHICHARD, Justice.

The issue in this equitable distribution action is whether the trial court erred in deferring, until actual receipt, an anticipated award of military pension and retirement benefits calculated under a present value valuation method. We hold that it did.

Plaintiff-wife instituted this action against defendant-husband seeking an absolute divorce, based on separation for one year, and equitable distribution of the marital property. The parties’ primary marital assets are their vested individual pension and retirement benefits. They also have $27,000 equity in a house and lot and…