When Husband found out about the affair in late 1998, he sued Wife for divorce. Wife filed a cross-petition. Husband and Wife have agreed on division of their property, which consists exclusively of their mortgaged home, the landscaping business, and two family automobiles. Wife will be allowed to live in the family home until Daughter reaches age 18, and Husband will pay the mortgage. However, Husband and Wife have been unable to agree on post-divorce maintenance.
Wife seeks indefinite post-divorce maintenance.
Husband opposes her claim, asserting that he should not be required to pay any post-divorce maintenance whatsoever but that, in any event, it should not be indefinite. Inc. The articles of incorporation authorized 1,200 shares. The agreement also stated that it was binding on the successors and assigns of the shareholders. D accepted the shares and gave his note in payment. A has resigned as an officer and director of XYZ, Inc. and has announced his retirement.