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  • 1.  Savings Bonds verification - 1040? Other avenue?

    Posted 05-04-2017 05:20 PM
    Esteemed colleagues:

    Client has been extremely upset for many years as he's sure Wife failed to disclose the extent of US Savings Bonds acquired during the marriage. He says he personally saw a thick stack of them - that former spouse bought one out of essentially every paycheck (18 years of employment) and there must have been at least $50,000 worth of them. Former counsel didn't pursue the issue when they divorced. Now 15 years post-judgment it still wakes him up at night. I suggested an OPRA request since she's a public employee, but it didn't provide the info. Now another three years later and there's a motion that includes a CIS and a tax return (at least a partial one - no schedules - awaiting the full one).

    Would there be any way to tell from a return? Or - is there another way (assuming roggs wouldn't get truth) to determine how many were bought, value, and when / how much cashed in?

    Thanks.

    <x-sigsep>

    David Perry Davis, Esq.
    ------------------------------------------
       www.FamilyLawNJ.pro
    ------------------------------------------
    112 West Franklin Avenue
    Pennington, NJ 08534
    Voice: 609-737-2222
    Fax:    609-737-3222

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  • 2.  RE: Savings Bonds verification - 1040? Other avenue?

    Posted 05-04-2017 05:25 PM

    If they were bought "every paycheck" was it by payroll deduction? If so, paystubs should reveal the purchase.  Remember that it takes time for them to mature so the face value may not be equal to the actual value. And while it should have been pursued, your guy had "knowledge" of their existence. Couldn't ex-wife argue a waiver on his part?

     

    Sandy

     

    T. Sandberg Durst, Esq.

    The Durst Firm, LLC

    186 South Broad Street

    2nd Floor

    Trenton, NJ 08608

    609.436.9079 (p)

    609-228-8280 (f)

    www.thedurstfirm.com

     

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  • 3.  RE: Savings Bonds verification - 1040? Other avenue?

    Posted 05-04-2017 05:25 PM

    Thomas M. Keeley-Cain, Esquire
    1205 North Kings Highway                    
    Cherry Hill, New Jersey 08034
    856-751-0404 ph
    856-795-2436  fax  

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