- 5 - of the duties with respect to the Dillon family's finances, including the reconciliation of the Murphy Favre account statements, were handled by Thomas Dillon or accounting personnel at Dillon Securities. Although petitioner maintained a personal checking account at First Interstate Bank and had several credit cards, most of the family expenses were paid directly from accounts that were maintained by Thomas Dillon at Dillon Securi- ties. Whenever petitioner needed money for personal expenses, Thomas Dillon would transfer money into petitioner's checking account. Thomas Dillon divorced petitioner on June 29, 1987. Peti- tioner was awarded maintenance of $2,000 per month for 66 months beginning in June 1987. There was an equitable distribution of the marital assets following the divorce. Pursuant to this dis- tribution, petitioner received the following assets: The house, barn and 40 acres of land on Hangman Valley Road; real property located at South 5208 Perry Street; a 50 percent interest in commercial property located at West 525 Second Avenue; $207,779.66 held in a bank account at First Interstate Bank; one- half interest in the Dillon Securities profit sharing plan (valued at approximately $208,000); $70,000 in cash from Thomas Dillon (payable one year after the entry of the decree of disso- lution or at the time the R-22 Alpha helicopter was sold, which- ever occurred first); $52,750 in cash payable from the sale of certain stock held by Thomas Dillon at Dillon Securities (plusPage: Previous 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 Next
Last modified: May 25, 2011