- 11 - support. Mr. Von Kalinowski retired from his law firm in 1985 at the age of 68. During the years 1995 through 1999, his retirement income from the firm averaged $280,000. During this same time period, Mr. Von Kalinowski’s royalty income derived from his legal treatises averaged $147,000 annually. Lastly, Mr. Von Kalinowski receives an annual pension from the Naval Reserve of $17,138.9 Petitioner is currently employed as the executive vice president of the Museum of Flying in charge of development. Her annual salary is $70,000. Mr. Von Kalinowski maintains a $1 million life insurance policy of which petitioner is the designated beneficiary. While Mr. Von Kalinowski’s pension income from the law firm terminates upon his death, his royalty income from the treatises continues at 60 percent of its current rate for a period of 15 years following his death. Petitioner is the beneficiary of such royalty income. OPINION A. Statutory Background Section 6013(a) provides that spouses may elect to file a 9 Part of Mr. Von Kalinowski’s income must be applied toward alimony obligations in favor of his first wife. During 1999, Mr. Von Kalinowski paid alimony in the amount of $47,577. He is currently obligated to pay his ex-wife $3,233 per month, plus one-half of his pension from the Naval Reserve.Page: 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