MATTHEW FRANK BALAZIC
v.
JULIE ANN BALAZIC
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The contractual term "plus any gains or losses on that amount" in a consent final judgment dividing a retirement plan does not apply to passive appreciation in the nonmarital premarital portion of the plan. Accordingly, a QDRO awarding the former wife a share of such passive appreciation was reversed.
[1] A consent final judgment incorporating a settlement agreement is treated as a judicially approved contract.
[2] The interpretation of a written instrument, such as a settlement agreement, is a question of law subject to de novo review.
Previewing 2 of 5 headnotes on this case. FLexlaw’s editorially structured points of law — every proposition, pinpointed — are reserved for members.
Join FLexlaw to unlock all legal intelligence“A consent final judgment is a judicially approved contract.”
Establishes that consent final judgments in divorce cases are governed by contract interpretation principles.
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Join FLexlaw to unlock all legal intelligenceThe former husband's retirement plan was worth $17,485 at marriage (undisputed nonmarital property) and $549,975 at the time the dissolution petition …
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IN THE DISTRICT COURT OF APPEAL OF THE STATE OF FLORIDA FIFTH DISTRICT NOT FINAL UNTIL TIME EXPIRES TO FILE MOTION FOR REHEARING AND DISPOSITION THEREOF IF FILED MATTHEW FRANK BALAZIC, Appellant, v. Case No. 5D21-1804 LT Case No. 2019-DR-399 JULIE ANN BALAZIC, Appellee. ________________________________/ Opinion filed December 22, 2022 Appeal from the Circuit Court for St. Johns County, Joan Anthony, Judge. Michael J. Korn, of Korn & Zehmer, P.A., Jacksonville, for Appellant. Dulce B. Fazel, of Dulce B. Fazel, P.A., Jacksonville, for Appellee. LAMBERT, C.J. The parties in this appeal are former spouses whose marriage was dissolved by a consent final judgment setting forth their settlement agreement.1 Pertinent here is the contractual provision approved in the judgment requiring the parties to equally divide the marital portion of Former Husband’s retirement plan, which they defined as that portion of the plan acquired from the time of the marriage to the filing of the dissolution of marriage petition, “plus any gains or losses on that amount.” A postjudgment dispute as to the proper construction of this contractual provision resulted in the trial court entering an order granting Former Wife’s motion to enforce the final judgment and the resulting qualified domestic relations order (“QDRO”). For the following reasons, we reverse.
The salient facts of the case are undisputed. The value of Former Husband’s interest in the retirement plan at the time of the marriage was $17,485, which Former Wife concedes is Former Husband’s separate nonmarital property. The value of the plan when the dissolution of marriage litigation commenced was $549,975. In granting Former Wife’s motion to enforce, the trial court computed the amount owed to each party by first subtracting Former Husband’s $17,485 non-marital interest from the $549,975, and then dividing the remaining balance equally through the subject QDRO. Former Husband argues that this was error because it also
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