Lee County divorce heads to Georgia high court
J.D. Sumner
Albany Herald
A Lee County man is appealing a judge's order stemming from divorce proceedings to the Georgia Supreme Court, arguing that his wife shouldn't receive the initial value of his three retirement accounts - estimated at roughly $759,000 - because the recession has slashed their value.
Although the initial divorce degree was filed in 2006, Lester Leggette is arguing that the value of the retirement funds has spiraled downward as a national recession has deepened, meaning he should not be responsible for paying out the initial amount, court documents show. He is also seeking to have a trial judge's ruling awarding $60,000 in attorney's fees to be overturned.
Source: http://albanyherald.com/Main.asp?SectionID=1&SubSectionID=1&ArticleID=7023
