FW: Division of Community Property
Thanks, Dangene. Steven, what do you think?
Take care,
Diana
Diana Mercer
Attorney-Mediator
Peace Talks Mediation Services (R)
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Dangene
Dangene
*** Appointments available Monday - Friday ***
Hello Diana And Steven, I would like to make Steven what I consider a better offer ....Last august was the most chaotic time in my life and my entire focus was on saving my business. I couldn't think of anything else .... As you can see below the offer is more than fair and gives Steven more than what we originally discussed. The only thing I retain is my business and the ability to have a clean slate for the future. This will show my investors that I'm really serious about their support of my business. If I cannot get this done they will walk away and that is why I am willing to give Steven everything. This is really important to me. I also offered my jewelry to Steven. I really just need a shot at a future...Let me know what we need to do next ...It would be great to get this written up and be able to still meet our February date. Thank you very much.
1A.1. 100 percent of Arizona property to Steven however I pay mortgage and my parents can live there as long as they are alive.
1A.2. Apt 4B + 18 C to be sold and all contents of apt i.e. furniture art etc belongs to Steven ..lf there are any proceeds from sale will be used to pay down community property debt
1A4. 100 percent of LA property and all of its contents art furniture china crystal etc to Steven. Dangene personally responsible for $230,000 line of credit.
1AS.100 percent of my IRA ($15,000) to Steven
1A6.100 percent of SEP IRA $'175,000 to Steven
1A7. 100 percent of $100,000 profit sharing plan to Steven
1A11. 100 percent of my business stays mine
1Al2. 100 percent of Erostation to Steven
1A14B1. 100 percent of Bailey Building Co to Steve
(My accountants wrote the comments in these last two sections)
III. Spousal Support
A. PARTIES BOTH WAIVE RIGHTS TO SUPPORT NOW AND IN PERPITUITY
B. SHOULD MAKE REFERENCE TO A REVISED PARAGRAPH A THAT SPECIFICALLY WAIVES SUPPORT.
D. Dangene + Steven responsible for their own health insurance forever.
E. Dangene + Steven responsible for their own auto insurance forever
F. Exchange of tax returns as long as spousal support is applicable. PROVISION SHOULD BE STRUCK
G. Reference to income for purposes of support. SHOULD BE STRUCK
VIII. TAXES
A. Parties agree to file joint return unless they agree not to. If a joint return, either the parties pay their respective shares of tax based on income or Dangene will pay all tax, as they may agree. PROBLEM-DANGENE PAYING ALL TAX SHOULD BE REMOVED AS ON OPTION.
C. Prior Year Obligations-Agreement makes reference to years prior to 2006 and
provides parties shall be equally liable for any unpaid taxes. REFERENCE SHOULD BE TO 2009, NOT2006. PARTIES SHOULD ONLY BE LIABLE FOR TAX ON INCOME THAT IS THEIRS. JOINT INCOME SHOULD RESULTIN EQUAL LIABILITY.
This connected to other email ...sending one more ...NEED your advice
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