- 3 - on the dates their respective petitions were filed in these cases. Burley and Alexandra were married on June 20, 1959. They separated on or about October 14, 1987. They entered into a property settlement agreement (the Agreement) on April 5, 1988, which fixed the amount to be paid by Burley to Alexandra for her support and maintenance and fixed their respective rights to their marital property. The pertinent provisions of the Agreement are as follows: 1. SUPPORT AND MAINTENANCE OF THE WIFE. The Husband shall pay to the Wife as and for her alimony, maintenance and support, the sum of $1,600.00 per month, payable on the 1st day of each and every month, beginning on the 1st day of the month following the execution of this Agreement, to continue thereafter until the death of either party, or the Wife's remarriage, whichever shall first occur. The parties further acknowledge and agree that all payments made by the Husband to the Wife pursuant to this paragraph shall be fully taxable as income to the Wife and reportable by her on all of her federal and state income tax returns, and deductible by the Husband from income as reported by him on all of his federal and state income tax returns. * * * * * * 3. PERSONAL PROPERTY. The parties make the following division and settlement of their personal property. * * * * * * g. Automobile The husband shall provide the Wife with a new Lincoln Town Car each and every year,Page: Previous 1 2 3 4 5 6 7 8 9 10 Next
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