- 4 -
1) Any personalty in Wife’s possession; and
2) Personal effects of Wife.
B. Husband [Mr. Castle] shall receive as his
sole and separate property:
1) Any personalty in Husband’s possession;
and
2) Personal effects of Husband.
C. Husband shall assume and pay the following
debts, holding Wife harmless therefrom:
1. All financial and tax obligations as
follows:
A) Internal Revenue Service in the
amount of $19,000.00;
B) Internal Revenue Service in the
amount of $4,207 (Dairy Queen);
C) State Industrial Insurance in the
amount of $1,600.00;
D) Employment taxes in the amount of
$406.00 (Nevada);
E) Sales taxes in the amount of
$6,095.00; and
F) Business license fees in the amount
of $276.00.
D. Wife must file individual tax returns for
1997 and thereafter, and if requested, sign
an amended joint tax return with Husband for
1995 and 1996. Husband shall pay any sums
due of the 1995 and 1996 tax returns.
E. As to the business interest of the parties in
the corporation known as LANTech, Inc., the
parties agree that Wife shall convey her 50%
shareholder interest in the corporation to
Husband.
13. The parties agree that all joint checking ac-
counts, savings accounts, mutual funds, etc., maintained by
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