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HomeMy WebLinkAbout96-01391 ! \ ~ , 3 ~ ~ 1 .. ~ j p '-., , d \l J - C'" ~/ ...j \1'- 3, ,......,. , RONALD J. THUMMA, , IN TilE COURT OF COMMON PLEAS Plaintiff : CUMBERLAND COUNTY. PENNSYLVANIA VS. CIVIL DIVISION : KAREN M. THUMMA, : NO. 96-1391 CIVIL TERM Defendant PRAECIPE TO TRANSMIT RECORD To the Prothonotary: Transmit the record, together with the following information to the court for entry of a divorce decree: 1. Ground for divorce: irretrievable breakdown under 53301(c) 3301(d)ll) of the Divorce Code. (Strike out inapplicable section). 2. Date and manner of service of the complaint: Certified/ Restricted delivery on March 18, 1996 (See Acceptance of Service in Court J. Complete either paragraph la) 0= Ibl. la) Date of execution of thc affidavit of conscnt required by SJ10llc) of the Divorce Code: by plaintiff November 20, 1998 by defendant November 20, 1998 (bl(l) Date of execution of the affidavit requircd by : 121 Date of filing S33011d) of the Divorce Cod~: and service of the plaintiff's affid~vit upon thc r~spondent: 4. Related claims pending: NONE 5. Complete either (a) or (bl. (a) Date and manner of service of the notice of intention to file praecipe to transmit record, a copy of which is attached: (b) Date plaintiff's Waiver of Notice in 5330l(c) Divorce was filed wi th the Prothonctary: November 20, 1998 Date defendant's Waivcr of Notice in 53301(0) Divorcc was f i.1ed with the Prothonotary: December ] , 1998 I ,.~ \ Plaintiffl~) .. --;.) . j i-- ~ '" ". ! :r. '" -+Z()O~ > 0 :..!.O-l"T1Z :;c "" . <: :'1 ~ :>- CJ '-..t(l.....f .... 'Z 'I) r- .-; ~C:r: 0& . CJ <: 3::'1 AI Cl> ,." 'OJ :,: 0 >o:J :!:~ '01>> ~ . '- '" n:'1n !eo.... ~'< ~ . n -1"'0 "Cl> 0 ~ -I "'" rT1 .-;rC .~ ..... '* .. Cl) :;c ::J::t: ...-1 O>:;d ~". .. ... n me-: OJ :r: nzZ-I - ~ . (5' I>> '" r-T'\::::: .....-:-, .-; 0 N::J m .:J::J '" :..:::: ::I:::: <: I 0 t;~. !!!. Q. n ::l > .... -. ""' n.., "'" <icl~igtD 0 c..... r-":;" r-'r-'O :..,:: '" ....... >c::n N :!.~ '8 ... "'" ::l ...... -1~ZO N Dl 0 .... :-T1 -13: -,. 01 ~ ", :;c ~:3: ~< ~ ~ :,:: . 0 z z - Cl> ::J -I -0 we >-0 Cl> - , rT1 > (fJ . I ~~ j CERTIFICt'TE OF SERVICE I hereby cerrify that a true copy of the foregoing Notice and Complaint in Divorce WIIS served on Defendant, by First class mail, postage prepaid, Certified mail, restricted delivery. by furwarding a true and correct copy unto: KlIren M. ThuRlRllI 350 Mliunlllln View Mt. Holly Sprilllls, PA 17065 Dated: -;/'1 ,1996 , : ".-,J I~, James J. Kllyir, 1~~If: Liberty Luft ' Cj 4 Liberty A venue Carlisle.I'A 17111] (717) 24:1-7922 ". , " " ~ l.U~. l"": U ii~ , . , , C; cS ",[") L....' C' , I , .... . . :4"' ._~j , ., OFFICE OF DIVORCE MASTER CUMBERLAND COUNTY COURT OF COMMON PLEAS 9 North Hanover Street Carlisle, PA 17013 (717) 240-6535 I. RolNrt IUcker. II DIVorce Master Treel .10 Colyer Office Manager/Reporter We.' Shoro 691-0371 Exl 6535 3amee 3. Kayer, Esquire KAYER , BROWN Liberty Loft 4 East Liberty Avenue Carlisle, PA 17013 April 20, 1998 Marcus A. McKnight, III, Esquire IRWIN, McKNIGHT' HUGHES 60 West Pomfret Street Carlisle, PA 17013 RE: Ronald 3. Thumma vs. Karen M. Thumma No. 96 - 1391 civil In Divorce Dear Mr. Kayer and Mr. McKnight: By order of Court of President 3udge George E. Hoffer dated April 15, 1998, the full-time Master has been appointed in the above referenced divorce proceedings. A divorce complaint was filed on March 14, 1996, raising grounds for divorce of irretrievable breakdown of the marriage. No economic claims were raised in the complaint. On M~rch 19, 1998, the Plaintiff filed an affidavit under Section 3301(d) of the Domestic Relations Code averring that the p^rties separated on or about February 13, 1996, a period of at least two years. The Defendant, wife, filed a counter-affidavit indicating she did not oppose the entry of a divorce decree but that she wished to claim economic relief. On April 9, 1998, wife filed a petition raising the economic claims of equitable distribution, alimony, alimony pendente lite, and counsel fees and expenses. Inasmuch as grounds for divorce do not appear to be an issues, I am directing each counsel to file a pre-trial statement in accordance with P.R.C.P. 1920.33(b) on or before Friday, May 15, 1998. Upon receipt of the pre-trial statements, I will immediately schedule a pre-hearing conference . Mr. Kayar and Mr. MCKnight, Attorneys at Law 20 April 1998 Paa. 2 with counsel to discuss the issues and, it necessary, schedule a hearing. Very truly yours, E. Robert Elicker, II Divorce Master NOTE: Sanctions for failure to file the pre-trial statements are .et forth in subdivision (c) and (d) of RUle 1920.33. THE ORIGINAL PRE-TRIAL STATEMENT SHOULD BE FILED IN THE MASTER'S OFFICE AND A COpy SENT DIRECTLY TO OPPOSING COUNSEL. ,'~ .1 r; /1 ".<,._' II' RONALD J. THUMMA, Plaintiff IN THE COURT OF COMMON PLEAS OF CUMBERLAND CDUNTY, PENNSYLVANIA NO. 96 - 1391 CIVIL : vs. KAREN M. THUMMA, Defendant : IN DIVORCE RE: Pre-Hearing Conference Memorandum DATE: Friday, July 17, 1998 Present tor the Plaintiff, Ronald J. Thumma, is attorney 3ames 3. Kayer, and present tor the Defendant, Karen M. Thumma, is attorney Marcus A. McKnight, III. A divorce complaint was filed on March 14, 1996, raising grounds for divorce of irretrievable breakdown of the marriage. Counsel have indicated that the parties will sign and tile affidavits of consent so that the divorce can be concluded under Section 3301(c) of the Domestic Relations Code. On March 19, 1998, the Plaintiff tiled an aftidavit averring that the parties separated on ~tebeE 13, 1996, a period in excess of two years. Wife filed a counter-atfidavit on April 18, 1998, and on April 9, 1998, wife filed a petition for economic reliet raising the economic claims ot equitable distribution, alimony, alimony pendente lite, and counsel fees and expenses. Counsel have indicated that we may have an issue on the factor of marital misconduct as that tactor may affect wife's alimony claim. We are going to schedule a separate hearing on that issue and counsel are directed to provide each other a list of witnesses they intend to present at that hearing at least a month prior to the hearing date. The parties were married on February 5, 1977, and as noted, separated on February 13, 1996. They are the natural parents of two children, Jeremy, born October 15, 1977, and Becky, born July 10, 1981. Husband is 45 years ot age and resides at 165 Church Road, Carlisle, Pennsylvania, where he lives with the daughter Becky. He is a high graduate and works as a laborer for Cincinnati Milacron. He reported his earnings at $15.00 per hour and the Master requests that his income information be provided at time of the hearing. He is currently receiving child support from his wife in the amount of $39.00 per week for the daughter Becky. Husband has medical insurance coverage through his employment. Husband has not raised any health issues. wife is 41 years ot age and resides at 1401 Creek Road, Boiling Springs, Pennsylvania, where she lives with her parents. wifs is a high school graduate and waitresses at Coast to Coast where she earns $6.00 per hour. There is a question raised by husband as to the possibility that wite should have higher earnings and Mr. Kayer, betore doing an evaluation by a vocational enpert, has requested that Mr. McKnight provide him with job history intormation of wite to determine if he wants to pursue the claim that wife has an earning capa~ity of more than $6.00 per hour. Mr. McKnight indicated that he is willing to stipuate to the earning capacity tor wife at the earnings that she is making as a waitress at Coast to Coast. wife has been diagnosed with mulitple personalities and is under the care of Dennis Graybill from Guidance Associates. She does not have medical insurance available through her employment and Mr. Kayer is going to find out the cost of COBRA benefits for wife through husband's employer which would be effective upon the entry of a divorce decree. The parties do not own any real estate but have a 1995 Fleetwood mobile home at 165 Church Road, Carlisle, Pennsylvania. The mobile home is going to be appraised as wife thinks it has more equity than husband believes, considering that husband is taking the position that the mobile home has probably depreciated since the time of purchase in 1994. The mobile home is encumbered with a lien from PNC Bank and we will need to know the payoff on that loan. The parties split the checking and savings account valued at $900.00. However, those funds should be added into the marital estate for equitable distribution with each party being charged with having received $450.00. Husband had a 1988 Chevrolet vehicle which he traded in after separation but the parties and counsel will stipulate that it had a value $l,OOD.OO. Wife has a 1994 Chevrolet Corsica which the parties have not valued and which is encumbered. The Master indicated that we will need a net value and counsel are going to have it appraised and provide information on the payoft of the loan against the Corsica to arrive at a net value. Husband's pension with Cincinnati Milacron is going to be valued by wife's counsel to determine a present value. Counsel know that they do have the option of distributing the pension through a QDRO. It is noted that part of the pension was earned prior to the marriage and obviously a coverture fraction, if we use a QDRO, will be satistactory in distributing the marital portion. The parties had insurance policies which were cashed in, husband receiving $1,800.00 from his policy and wife receiving $875.00 trom her policy. Those dollars are to be added into the marital estate tor purposes of the equitable distribution computation. Essentially the household tangible personal property has been distributed with the exception of a few items which wife would like to have given to her by husband and wife is going to provide a list to see if husband is willing to turn over those particular items to wife. otherwise, we will not use any values in the equitable distribution computation for the household tangible personal property. The marital debt includes the lien on the mobile home and the car loan on the Corsica as well as a consolidation loan with PNC Bank. At the time of separation husband consolidated the VISA, Mellon Bank, and Ward loans totalling $7,374.54 and is now making one payment to PNC Bank. Assuming that husband has made the payments since separation and is going to be obligated for the balance of the debt, husband is entitled to receive some credit on account of the assumption of all of the marital debt. A hearing is scheduled on the factor of marital misconduct as that factor may affect wife's alimony claim for Thursday, November 19, 1998, at 9:DO a.m. Notices will be sent to counsel and the parties. A hearing is scheduled to take testimony on the factors other than marital misconduct and on the identification and valuation of assets for Thursday, 3anuary 14, 1999, at 9:00 a.m. Notices will be sent to counsel and the parties. E. Robert Elicker, II Divorce Master cc: James J. Kayer Attorney for Plaintiff Marcus A. McKnight, III Attorney for Defendant RONALD J. THUMMA. Plaintiff IN THE COURT OF COMMON PLEAS OF CUMBERLAND COUNTY, PENNSYLVANIA NO. 96 - 1391 vs. KAREN M. THUMMA, Defendant IN DIVORCE : CIVIL ACTION - LAW ORDER AND NOTICE SETTING HEARING TO: Ronald J. Thumma , Plaintiff James J. Kayer , Counsel for Plaintiff Karen M. Thumma , Defendant Marcus A. MCKnight, III Counsel for Defendant . You are directed to appear for a hearing to take . testimony on the outstanding issues in the above captioned divorce proceedings at the Office of the Divorce Master, 9 North Hanover Street, Carlisle, Pennsylvania on the 19th day of November . 1998, at 9:00 a.m.. at which piace and time you will be given the opportunity to present witnesses and exhibits in support of your case. .tr ,.'Q,. Pres iden t Judge Date of Order and Notice: --1.1.12/98 By: Divorce Master IF YOU DO NOT HAVE A LAWYER uf< CANNOT AFFORD ONE, GO TO OR TELEPHONE THE OFFICE SET FOHTII BELOW TO FIND OUT WHERE YOU CAN GET LEGA L HELP. CUMBEHI.MJ" ,"JlJNTY BMl ASSUCJATl<lN " LIBERTY AVENIJE: ,',\1', I~;I.I':. i'A 17011 TFIFI'II"NF (11'/) 24')-111," · Testimony will be limited to the factor of marital misconduct as that factor may affect wife's alimony claim. " '. RONALD J. THUMMA, Pla in tiff IN THE COURT OF COMMON PLEAS OF CUMBERLAND COUNTY. PENNSYLVANIA NO. 96 - 1391 vs. CIVIL ACTION - LAW KAREN M. THUMMA, Defendant IN DIVORCE RESCHEDULED HEARING ORDER AND NOTICE SETTING HEARING TO: Ronald J. Thumma , Plaintiff James J. Kayer . Counsel for Plaintiff Karen M. Thumma . Defendant Marcus A. McKnight. III . Counsel for Defendant You are directed to appear for a hearing to take * testimony on the outstanding issues in the above captioned divorce proceedings at the Office of the Divorce Master, 9 North Hanover Street, Carlisle, Pennsylvania on the 20th day of November . 1998, at 9:00 a.m., at which place and time you will be given the opportunity to present ~itnesses and exhibits in support of your case. President Judge Date of Order and Notice: 7/30/98 By: llivorce Master iF YOU DO NOT HAVE A LAWYEIl Ull CANNOT M'rORD ONE, GO TO Oil TELEPHONE THE OFFICE SET FOllTH BELOW TO FIND OUT WHEHE YOU CAN GET LEGAL IIELP. CUMBEHl.f,Nll COUNTY BAll ASSUC I AT I ON .' 1.1BEHTY AVENUE ,'AIII.I~il,I':, "A 1'I0Il TI-:I.II'II<JNI-: ('/17) 24') lib', * Testimony will be limited to the factor of marital misconduct as that factor may affect wife's alimony claim. ~ (-:-: ".. c:: .,. ,.., .- We' - (.) '. ff~ ~ " 0';; 6:' G' e:r- " 0"': jj t. ...~ ,~.;. :J.. ;:0 :.t: !~ 'k CJ'l (.) '-' '" . ~ 0- ~ " ..-.-- f' r , '-J........, V") ~, "" \.t Ft.~ s ~ ... '" ....... ...:::r- ~....s. 0';' C~ ~:'i,;I~ " .J U , , -- ~~~ ;~ .. .. !:I ~ II I .. g ~ .... ~~:h .. .... .. I :: i ~ I ! j il ... ... ... .~ .:::l I~ ~ I .. I... ~ Ii ~ ! ~ i i l [i . . ~ 1 ~ B i ,.., ~ . . i i III l:: ~ tl ~ '" -. . . . . . . mobil~ home. A ~opy of th~ purcha.~ invoic~ and mobile home installment sales ~ontmct havt' bt't'n atlach~d ht'reto. III. INTANGIBLE PERSONAL PROPERTY A. Bank Accounts. At the time of the panies' separ.uion, tht'y posses.~d checking and savings aCCOWlls that were divided to their mutual satisfaction. B. Insurance Policies. The Defendant had a whole-life insurance policy thllt she cashed in for value of approximately $875.00 at about the time of the parries' sepamtion. TIle Plaillliff had a whole life insurance policy through Prudential that he cashed in for $ 1,800.00 at the time of sepamtion. C. Plaintiff's Pension. The Plaintiff has earned a defined benefits pension plan incident to his employment with Cincinnati "'liIacron. The Plaintiff's employment with Cincinnati Milacron predated the marriage as he has worked for Cincinnati Milacron since April 16, 1973. IV, TANGIBLE PERSONAL PROPERTY At the time of the parries' separation. they pos.'lessed two (2) motor vehicles. TIle 1994 Chevy Corsica remained in the possession of the wife. The 1988 Chevrolet Celebrity in husband's pos.'lession was trdded in shorrly after the parries' separation. The parries also possess a substantial amount of household furnishings which have been divided between the parries. It is assumed that the parries will stipulate and agree that the division of these furnishings and household items have been to the parries' satisfaction and that therefore, an appmisal of those items in each parties' pos.,ession will not be necessary. V. LIABILITIES Upon the parries' separdtion, there were cenain signiticant marital liabilities that existed. These liabilities are specified within the Inventory and Appmisement which has been attached hereto. VI. WITNESSES It is anticipated that Plaintiff willtcstify on his own behalf, He willtcstify with rcgard to all relevant factors to a proper determination of equitablc distribution of thc marital propeny. as wcll as the Dcfendant's claim for alimony. Specifically, the Plaintiff will testify as to the alleged marital misconduct of the Defendant, to wit, her abandonment of the Plaintiff and the marital household to live with her paramour at the time of the parties' scparation and her continued cohabitation with that paramour. Plaintiff is aware of criminal charges that were established against the Defendant after tbe panies sepaf'dled. Plaintiff believes that these charges stern from activities of tile Defendant that occurred during the time that the parties were married and living together, as well as after the parries had sepamted. TIlc Plaintiff reserves the right to specify additional witnesses with regard to the question of marital misconduct should it become apparent that Wife will continue to pursue her alimony claim after the Master has convened his pre-hearing conference. Plaintiff will also call his son, David James Thumma, to testify as to his personal knowledge of wife's motives for leaving the marital home. as well a~ the wife's living arrallgemellts and relationships upon her departure. VII. EXPERT WITNESSES It is not anticipated that the parties will need to call ,my experr witnesses. If it becomes necessary to obtain a pension evaluation of the Plaintifrs pension, then it is presumed that the parries will either stipalate to the value of the evaluated pension, or alternatively will present wiulesses who will review their respective evaluations and cOllclusions with regard to the pension valuation. Due to the fact that the Plaintiff cannot tap into his pensioll to receive a lump sum that could be distributed to the Defendant, and given the fact that Plaintiff is no economic position to pay a lump sum distribution on his own, he believes it would be most appropriate for the Ma~ter to divide his pension on a deferred distribution basis. VIII. EVIDENCE AND EXHIBITS A. Copies of loans and loan balances; B. Copies of the parries' bWlk records; C. Copies of pay stubs; 0, Copies of documents relaring to the purchase of the mobile home and vehicles; and E, Copies of documel1ls establishing the value of Plail1lifrs pension. IX. PROPOSED RESOLUTION OF THE ECONOMIC ISSUES AND DISTRIBUTION The Plaintiff is requesting that the distribution of marital assets occur on a basis of a 50150 split of the ovemll net worth of the marital assets and property. Plail1liff seeks ro maintain possession of the marital home which has essentially no equity or value given the amount of the encumbrdllce upon it. Plaintiff seeks credit for reimbursement for all marital obligations that he has satisfied since the parries' separation. Plaintiff also seeks credit for any and all marital obligations that he will cOlltinue to pay into the future. With regard to the Plaintiff's pension, he recoRllllends that this pension be divided on a deferred distribution basis. The Wife's share of the pension should be reduced proporrionate to the value of the those debts that Plaintiff ha.~ paid in order to achieve a true 50150 distribution. The covenure fraction is 226/300 at present. Although Plaintiff ha.~ a higher eaming capacity than Defendant, the Plaintiff anticipates maintaining custody of the parries' miller child until she reaches majority. Plaintiff also anticipates that he will be de facto responsible for any collegiate costs or post-secondary school costs that will be incurred by the parries' daughter, Becky, a.~ the Wife ha~ not shown any willingness to participate in any sharillg of those costs and has only paid child suppon for Becky when she wa~ compelled to do so by the Coun. With regard to the issue of alimony, the Plaintiff believes that due to the marital misconduct of ....~.".._,..,..".. ,-~ , _.........._ '...0#'..,.,....... '-"-' ......~, _....-.._.....__........__ ...l.~._~.... _._..,....."..-.. ,_......"""""~..,.._.~... ,..........,........ "....p.o.....................,........... ..-..".......-..'''..'. .............. 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E ~ ~z -' ,..i ..; of . ~ld ! 91 I !d~1 ... .. ~ ,I ' ~ '" j Ii .. f~ !' I ~ ~i ~ j ~ i s I &i I II~i= . . ~ J ~ ~ .. ~ . ') i Ii I ' i ~ '" 'l ~ Il!. ~ . . . . .. . . . RONALD 3. THUMMA, IN THE COURT OF COMMON PLEAS OF Plaintitf CUMBERLAND CDUNTY, PENNSYLVANIA . . vs. NO. 96 - 1391 CIVIL KAREN M. THUMMA, Defendant . IN DIVORCE . THE MASTER: Today is Friday, November 2D, 1998. This is the date set for a hearing in the above captioned divorce proceedings to take testimony on the tactor of marital misconduct as that factor may affect wife's alimony claim. Present in the hearing room are the Plaintiff, Ronald 3. Thumma, and his counsel 3ames 3. Kayer, and the Defendant, Karen M. Thumma, and her counsel Marcus A. McKnight, III. The Master has been intormed that after negotiations the parties have reached a comprehensive agreement to resolve all outstanding claims in this case. A divorce complaint was filed on March 14, 1996, raising grounds for divorce ot irretrievable breakdown of the marriage. Although an affidavit under section llOl(d) was previously filed by the husband, the parties have indicated that they will sign aftidavits of consent and waivers of notice of intention to request entry of divorce decree so that the divorce can be concluded under section llOl(c) of the Domestic Relations Code. On April 9, 1998, wife filed a petition raising economic claims ot equitable distribution, alimony, alimony pendente lite, and counsel fees and expenses. The agreement that is going to being placed on the record today will be considered the substantive agr~ement of the parties not subject to any changes or modifications except for correction of typographical errors which may be made during the transcription. Counsel and the parties are going to return later this morning to review the draft of the agreement as placed on the record and make any correction of typographical errors as required. The partie. and counsel will sign the agreement as way of an affirmation ot the terms of settlement which are going to be placed on the record at this time. The parties were married on February 5, 1977, and separated on February 13, 1996. They are the natural parents of two children, 3eremy who is emancipated, and Becky who is a minor living with the father. After the parties have atfirmed the agreement a~ placed on the record by signing the agreement later today, the Master will prepare an order vacating his appointment and counsel will then be able to file a praecipe transmitting the record to the Court along with the atfidavits and waivers requesting a final decree in divorce. Mr. McKnight. MR. McKNIGHT: In a full and comprehensive settlement, the parties have reached the following agreement: f I t 1. Husband will immediately turn over to wite three (l) items of personal property being a teapot given to the Defendant by her grandmother, the hutch cupboard, and a picture given as a gift to the Defendant by her mother. The Detendant will waive all interest which she has in all of the other marital personal propert~ and the mob~le home and all bank accounts, automobiles, all other assets owned by the parties to the Plaintiff in this case, except tor her interest in the pension as will be set forth in this agreement. 2. In return the Plaintift agrees to pay on or about January 14th 1999, the sum ot $l,500.00 to the Defendant. If the Plaintiff is not able to provide to the Defendant the sum of $l,500.00 as set torth in this agreement, the parties agree that they will renegotiate the payment of the sum with the Master's help if appropriate. 3. The Plaintiff will also assume all marital debt and hold harmless the Defendant and indemnify her from any claims for any debt related to the marriage of the parties whether the debt is currently in both names or individual names. 4. In addition, Plaintiff agrees that on this 20th day of November 1998 he will file the necessary documents to terminate this date the support order for the minor daughter and waive any claim tor any arrearages and any orthodontic bills remaining outstanding on this 20th day ot November 199B. It is understood that any payments already deducted from the pay of the Defendant will be considered as legitimate support to the Plaintiff provided that the necessary documents are filed today at the Domestic Relations Office. 5. with respect to the pension, the parties agree that on the date of the marriage, being February 5, 1977, husband was employed with Cincinnati Kilacron and has accrued a pension tbroughout the marriage until February 13, 1996. The parties agree that 228 months of the period that Plaintitf has been employed and accruing pension benefits are considered as the marital portion subject to distribution. The parties further agree that Defendant will be entitled to 60' of that 228 month portion of the retirement benetits as well as any death benefits and that will be done by a QDRO which the Plaintiff will cooperate fully with Detendant's counsel in drafting and filing with the Court. 6. It is also understood today that the parties will sign the necessary affidavits to complete the divorce in order for the Master to vacate his appointment and immediately finalize the divorce as soon as can be eftectively done. (A discussion was held otf the record.) 7. We just had an off the record discussion about a Chevrolet Corsica automobile that was the wife's responsibility. It was repossessed shortly atter the parties separated and no claim has been made for the past approximate year, year and a half, but the Detendant is agreeing that if any future claim is made regarding any deficiency for repossession of the Corsica involving that loan associated with the Corsica, that she will be responsible tor it and hold the Plaintitf harmless from any payment thereon. 8. It is understood that as part of this comprehensive settlement, the Defendant has waived her claim for any counsel fees and costs, and alimony in this case. The Plaintiff likewise waives any claim which he may have made against her for any costs, counsel fees, or alimony. 9. Except as herein otherwise provided, each party may dispose of his or her property in any way and each party hereby waives and relinquishes any and all rights he or she may now have or hereatter acquire under the present or future laws ot any jurisdiction to share in the property or the estate ot the other as a result ot the marital relationship including without limitation, statutory allowance, widow's allowance, right of intestacy, right to take against the will of the other, and right to act as administrator or executor in the other's estate. Each will at the request of the other execute, acknowledge, and deliver any and all instruments which may be necessary or advisable to carry into effect this mutual waiver an~ relinquishment of all such interests, rights, and claims. MR. KAYER: Ron, were you present as Hr. McKnight discus.ed the terms ot the settlement? MR. THUMMA: Yes. MR. KAYER: Do you understand the terms ot the settlement as he described them? MR. THUMMA: Ye., I do. MR. KAYER: Are the terms of the settlement acceptable to you? MR. THUMMA: Yes. MR. McKNIGHT: Karen, are you able to understand tOday what we have just discussed and placed on the record involving this comprehensive settlement? MS. THUMMA: I think I understand what you're saying. MR. McKNIGHT: You think you understand? Do you absolutely understand what's going to be happening? MS. THUMMA: I understand that we are going through a divorce proceeding and we are going to settle everything squarely. MR. MCKNIGHT: And it's done today? MS. THUMMA: Right. MR. McKNIGHT: And you've had an opportunity to discuss this settlement before we placed it on the record and