- 18 -
Gordon reimbursed her.
During their marriage, the Gordons had the understanding by
which they generally abided that Mr. Gordon was solely responsi-
ble for paying all major household expenses that they incurred,
including their Federal and State income tax liabilities (house-
hold expenses). Starting in 1986, as circumstances forced Mr.
Gordon to rely on Ms. Gordon's assets to maintain the lifestyle
to which they had become accustomed, Ms. Gordon became more
active in household finances and advanced the funds necessary to
pay certain household expenses in order to maintain that life-
style. That situation continued through 1990, by which time Ms.
Gordon was using her own assets to pay both major and minor
household expenses. The Gordons agreed that the funds that Ms.
Gordon advanced for the payment of household expenses were loans
to Mr. Gordon by her (household expense loans) that he would
repay.
During 1987, 1988, 1989, and 1990, Ms. Gordon paid household
expenses of at least $44,240, $6,600, $51,000, and $51,236,
respectively. By way of illustration of the household expenses
that Ms. Gordon paid, (1) during 1989 Ms. Gordon paid $20,000 and
$5,000 to the Internal Revenue Service (IRS) and the State of New
York, respectively, with respect to the Gordons' joint Federal
and State income tax liabilities for 1988; and (2) during 1990
Ms. Gordon paid $5,816 for real estate taxes and an undisclosed
amount for country club membership dues and credit card charges
Page: Previous 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 NextLast modified: May 25, 2011