Beverly Gordon - Page 18

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          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                
               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             

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