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HomeMy WebLinkAbout0937 . _ . Ths responc~ent shmll be awarded the ~um oF Seven Thousand and OOJ100 ($7~000.00) Dollars to be paia from the monies held in trurst at First Ozaukee Savings and I,nan A:sociation wi.th Account No. oi-aooo~7r~, Said moniea are to be paid to Attorney Car1 L. Dubin and I~.mar Ti~ . The balance of said monies in the approx3.- I mate swa of Forty-eight Thousand Seventy-four and 78~100 ($48,074•7~) Ibllars are uwarded to the petitioner anc? these monies are to be paid ta the Law Offices of Alvin H. E.i~enber~;, S.C., ruld Gloria Lilly. In addition, the petitioner is awarded the balance of the monies held in trust for the parties' benefit at the La~•~ Offices of Alvin ~senberg~ S.C., which monies total Seven Hundred Forty-one and ~~100 ($7t~1.'~? ) Dollars. No monies are to be pai.d until the parties have ex,ecuted the Final :iritten Stipulation ~~hich is to be incorporated into the Juci~ment of Divorce f { and until said Judgment is approved by the Court. ~ • ~ i All. property and money received and retained by the parties heret,o shall be the ~eparate property of the respective parties and each party sha11 have the freedom to deal i~.~.th, and 3i.spc,se of hi~ or her separate property as fully and effectively as if the parti.es had never been married. The above division of property has been done in a fashion so as to effect an equal ditirision of the parties' marital estate i.n reco~v.tion of the species of cor?vnuriity oYmership of the parties' marital property. VI. FIN/1~ICIAL OBLIGATIO?JS Other than the possible capital gains tax obLigation incurred by th,e parties ~ as a result of the sale of their previous homestead properties the parties have no ~ ~ other ~oint obligations. t~Jith respect to thi~ possible capital gains tax obligation the parties will ench be responsible for one-h.~l.f (1~2 ) of any federal anci state capital ~ains tax obli~ations incurred a~ a result of the sale of their nrevious home~tcad properties. 60011 P~G~ i9J7 5.. OO1.J3~ ~ ~