Ford v. Perkins
Annotate this CaseUpon the dissolution of the marriage of Rachel Ford and Keith Perkins, the circuit court determined that money held in an individual retirement account (IRA) maintained by Keith was marital property and ordered the funds to be divided equally between Keith and Rachel. The court of appeals agreed that the IRA was marital property but reversed the circuit court on the issue of allocating the asset between the parties equally, and remanded with instructions to award Keith 100 percent of the IRA. The Supreme Court vacated the part of the circuit court's judgment dividing the asset and the opinion of the court of appeals, as the circuit court failed to make necessary findings of fact prior to dividing the asset under Kan. Rev. Stat. 403.190.
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