MacDonald v. MacDonald

• Decision Date: 07 April 1982
• Docket Number: No. 81-046,81-046
• Citation: 122 N.H. 339,443 A.2d 1017
• Parties: Linda G. MacDONALD v. Paul B. MacDONALD.
• Court: New Hampshire Supreme Court

Page 1017

443 A.2d 1017

122 N.H. 339

Linda G. MacDONALD v. Paul B. MacDONALD.

No. 81-046.

Supreme Court of New Hampshire.

April 7, 1982.

Bossie, Kelly & Hodes P.A., Manchester (Robert F. Bossie, Manchester, on the brief and orally), for plaintiff.

Karelitz, Cohen & White, Haverhill, Mass. (Robert J. White, Haverhill, Mass., and Edward E. Williams, Exeter, on the brief, and Mr. Williams orally), for defendant.

DOUGLAS, Justice.

In this marital case the defendant appeals the property settlement recommended by the Master (Earl Dearborn, Esq.) and approved by the Trial Court (Mullavey, J.). He asserts that the master erroneously considered the defendant's pension plan to be property, that he abused his discretion in awarding the parties' home to the plaintiff, and that he erroneously awarded the plaintiff a tax exemption for one of the parties' two children. We affirm in part and reverse in part.

In January 1981, the plaintiff was granted a divorce on the ground of irreconcilable differences. RSA 458:7-a (Supp.1979). The court awarded her custody of the parties' two minor children, $150 per week in child support payments, and the only real estate the parties owned, their East Derry home. The defendant received all interest in his pension and profit-sharing plan, unencumbered by any interest of the plaintiff.

The master found that the defendant's fully vested pension from Bell Laboratories will entitle him to a pension of between $842 and $1,107 per month upon his retirement between the ages of 55 to 65. The defendant argues that the trial court erred in treating his pension entitlement as property, and that the court divided the parties' assets unfairly as a result of this error.

In allocating property, "the court should consider all relevant factors, ... and this includes all of the assets and income of both parties, such as wages, pensions, bank certificates, etc." Baker v. Baker, 120 N.H. 645, 649, 421 A.2d 998, 1001 (1980) (citations omitted and additional emphasis added); Thayer v. Thayer, 119 N.H. 871, 872-73, 409 A.2d 1326, 1327 (1979) (contributions to pension and profit-sharing plan are relevant to alimony and child-support award). A retirement pension is to be considered along with any other "economic circumstance" when marital property is divided. In re Marriage of Ellis, 36 Colo.App. 234, 238, 538 P.2d 1347, 1350 (1975), aff'd sub nom. Ellis v. Ellis, 191 Colo. 317, 318, 552 P.2d 506, 507 (1976). The master did not err in taking the defendant's fully vested pension into consideration.

In the future, when pensions are in issue, the parties must provide the master or trial court with more specific information in order to assure that their assets are divided fairly. The affidavit form set out in Superior Court Rule 158 does not require the parties to submit sufficient information, and should address matters such as the following: whether the pension is vested, the amount of its cash surrender value, loan value, redemption value, lump sum value, and value realizable after death, so that it becomes essentially a net worth statement.

The defendant asserts that the master's property distribution "was so one-sidedly favorable to the wife as to constitute a clear abuse of ... discretion." The master's discretion "in this area is broad and we will not substitute our judgment for that of the master or trial court." Buckner v. Buckner, 120 N.H. 402, 404, 415 A.2d 871, 873 (1980); see Goudreault v. Goudreault, 120 N.H. 140, 140, 412 A.2d 736, 736 (1980).

The rationale behind the master's order is found in one of the plaintiff's requests for findings and rulings, which the court granted in its final decree: "(I)n order to provide the plaintiff with reasonable security for her future, to which she is entitled, and in order to provide a financial balance for defendant's pension and profit sharing assets, the Court finds that justice would be served by awarding the real estate of the parties outright to the plaintiff, subject to the existing mortgage thereon, free of all claims of the defendant." The court's ruling conforms to our mandate that the parties' property is to be distributed equitably, but not necessarily equally. Grandmaison v. Grandmaison, 119 N.H. 268, 271, 401 A.2d 1057, 1059 (1979) (quoting Azzi v. Azzi, 118 N.H. 653, 656, 392 A.2d 148, 150 (1978)).

In this case, the plaintiff must provide a home for the parties' children. We have recognized this as a relevant factor which the court may consider in making an award of the family home. In Weik v. Weik, 114 N.H. 287,...