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their attorneys, payment of the Jaffes' 1991 income taxes, and
insurance, property taxes, and maintenance of the marital home.
The agreed order was signed by the attorneys for Mr. Jaffe, Ms.
Jaffe, and by the judge. At some point, the date of which is not
evident from the record, it developed that there were no funds in
the Vanguard account No. 9841402936 described in the agreed order
because Mr. Jaffe had surreptitiously closed the account. Ms.
Jaffe instituted contempt proceedings against Mr. Jaffe, and,
after a period of incarceration of Mr. Jaffe, the funds were
restored. On May 6, 1993, the restored funds were placed in
another money market reserve account with Vanguard, in the names
of Mr. Jaffe and Ms. Jaffe but with their respective attorneys as
escrow agents. That account bore the number 09886709322.2 As of
January 31, 1993, that account had a balance of $495,157.70.
Pursuant to the agreed order, Ms. Jaffe made withdrawals out of
the aforesaid Vanguard money market reserve account, including,
during 1994, the amount of $18,500, which is at issue in this
case.
The Vanguard account was owned by Mr. Jaffe and Ms. Jaffe as
tenants by the entirety.
2
No evidence was offered to establish whether the closed
Vanguard account No. 9841402936 was also a money market reserve
account.
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