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1988, petitioner earned $30,000. At the time of trial, she
worked as an interior designer.
B. Petitioner's Marriage to James Little
Petitioner married James Little on December 18, 1967. They
had two children: Lindsey, born on August 6, 1968; and
Christina, born on December 21, 1973.
James Little was chairman of the board and president of
Pacific Compensation Insurance Co. (Pacific Compensation) in
San Bruno, California, until November 9, 1991. He then became
president and chief executive officer of Fremont Indemnity Co.,
which acquired Pacific Compensation. James Little earned about
$230,000 in 1988 and less than $200,000 in 1989. He earned more
than $450,000 from Pacific Compensation and Fremont Indemnity Co.
in 1990. Fremont Indemnity Co. paid James Little about $399,000
in 1991.
C. Petitioner's Divorce From James Little, the Marital
Settlement Agreement, and the Judgment of Dissolution
In 1989, petitioner and James Little decided to end their
marriage. Petitioner and James Little and their lawyers
negotiated a marital support agreement. The negotiation took
about 6 months. Christina lived with petitioner at that time.
Petitioner and James Little agreed that they would have joint
legal custody of Christina and that petitioner would have primary
physical custody of her.
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