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Boiler Divorce Settlement Agreement

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ATTORNEY OR PARTY WITHOUT ATTORNEY (Name, State Bar number and address):
FOR COURT USE ONLY
RONALD KEITH WELLS
33 Cambria
Mission Viejo, California, 92692
949 291 7127
rkw6@cox.net
__________________________________________________________________________
SUPERIOR COURT OF CALIFORNIA, COUNTY OF ORANGE
STREET ADDRESS:
341 The City Drive
MAILING ADDRESS:
P.O. Box 14170
CITY AND ZIP CODE:
Orange, California 92868BRANCH NAME:
IN RE:
MARRIAGE OF WELLS
PETITIONER: RONALD KEITH WELLS
RESPONDENT: DEE ANN WELLS
CASE NUMBER: 18D005204
MARRIAGE SETTLEMENT AGREEMENT
RONALD KEITH WELLS of 33 Cambria, Mission Viejo, California 92692, born July 20, 1944,
and DEE ANN WELLS of 25915 Camino Largo, Mission Viejo, California 92692, born June 28,
1954, being sworn do hereby state the following statements are true and correct and that except
as otherwise specifically stated in this Agreement, this Agreement serves as a full and final
settlement of all matters arising from the dissolution of their marriage, including division all
property rights, debts, spousal support, child custody, visitation, and child support. The parties
agree this Agreement contains a fair, just and equitable division of property and subject to court
approval agree as follows:
1.
JURISDICTION. RONALD KEITH WELLS and DEE ANN WELLS have resided in
ORANGE for at least three (3) months and in the state of California for at least six (6)
months, which satisfies California's residency requirements.
2.
ARMED FORCES. Neither party is a member of the Armed Forces.
3.
MARRIAGE DATE. The parties were married to each other on August 05, 1978 in
Huntington Beach, California and 2 children were born to this marriage. The parties do
not have any minor children.
The parties are not currently expecting any children.
4.
SEPARATION DATE. The parties' date of physical separation is October 31, 2007.
5.
CAUSE OF DISSOLUTION: The parties acknowledge that the marriage has become
irretrievably broken due to irreconcilable differences and they are beyond
reconciliation.
6.
DISCLOSURE. The parties acknowledge that each has made a full disclosure of all
assets and debts owned jointly or individually. Nothing has been withheld and each
party believes the other has been truthful in their disclosure.
Each party hereby waives the requirements of Family Code section 2105 (a) that
requires the parties to serve on each other final declarations of disclosure and income
and expense declaration. Pursuant to Family Code section 2105 (d), the parties declare
as follows:
(a) Both parties have complied with Section 2104 and the preliminary
declarations of disclosure have been completed and exchanged.
(b) Both parties have completed and exchanged a current income and expense
declaration, which includes all material facts and information regarding that
party's earnings, accumulations, and expenses.
(c) Both parties have fully complied with Section 2102 and have fully augmented
the preliminary declarations of disclosure, including disclosure of all material
facts and information regarding the characterization of all assets and liabilities,
the valuation of all assets that are contended to be community property or in
which it is contended the community has an interest, and the amounts of all
obligations that are contended to be community obligations or for which it is
contended the community has liability.
(d) The waiver is knowingly, intelligently, and voluntarily entered into by each of
the parties.
(e) Each party understands that this waiver does not limit the legal disclosure
obligations of the parties, but rather is a statement under penalty of perjury that
those obligations have been fulfilled. Each party further understands that
noncompliance with those obligations will result in the court setting aside the
judgment.
7.
INCOME. RONALD KEITH WELLS has a total gross monthly income of $25,000.00
which includes income from the following sources:
IHOP
self-employment
$25,000.00 per month.
DEE ANN WELLS has a total gross monthly income of $6,000.00 which includes
income from the following sources:
FirstService Residential
Salary
$6,000.00 per month.
8.
CUSTODY. The parties acknowledge that this is the home state of the children
pursuant to this state's Uniform Child Custody Jurisdiction and Enforcement Act. The
children have resided in this state for more than six months before this action began and
no other court has made a child custody determination.
9.
COOPERATION. The parties agree to cooperate with one another in signing any
papers or legal documents needed to finalize this agreement or any provision contained
in this agreement, including deeds, title certificates, etc. Within 10 days of notification
of Entry of Judgment, the parties shall execute any document, transfer papers, titles or
other documents to effect the provisions of this Agreement and any resulting Decree of
Divorce. In the event a party fails to sign transfer documents, the final Decree of
Divorce shall operate to transfer title.
10. DIVISION OF ASSETS. Each party shall receive any and all, tangible and intangible,
property in his/her possession including personal items and household goods, unless
stated otherwise in this agreement.
a.
Marital Home.
The parties agree DEE ANN WELLS will remain in the home located at 25915
Camino Largo, Mission Viejo, California 92692 and have sole and absolute
ownership of the same. RONALD KEITH WELLS will continue to be bound
for all mortgages on the property.
b.
Financial Accounts. RONALD KEITH WELLS and DEE ANN WELLS own
and agree to divide their financial accounts and investments as follows and
agree that if one of the parties promises to own the entire account, that party
will not sell it:
Account Name/Number: Mortgage
Financial Institution: Bank
Current Account Owner: Joint
RONALD KEITH WELLS Receives: 100%
DEE ANN WELLS Receives: 0%
Account Name/Number: IHOP Maui
Financial Institution: Mafia
Current Account Owner: Ron
RONALD KEITH WELLS Receives: 100%
DEE ANN WELLS Receives: 0%
c.
Retirement Accounts. RONALD KEITH WELLS and DEE ANN WELLS
own and agree to divide their retirement accounts as follows:
Account Name/Number: 401k Dee
Financial Institution: Bank
Current Account Owner: DeeAnn
RONALD KEITH WELLS Receives: 0%
DEE ANN WELLS Receives: 100%
Both parties agree that if any payments are specified in this section, said
payments will not be taxable to the receiving party, as the payment will be
received as a division of marital property of the parties. Each party pledges to
cooperate with the other to secure approval of or execution of any documents
that are necessary to transfer pension, 401(k) or IRA funds to the payee from the
payor's accounts, if applicable.
d.
Other Financial Assets. RONALD KEITH WELLS and DEE ANN WELLS
own and agree to divide their other financial assets as follows:
Account Name/Number: Home
Financial Institution: Bank
Current Account Owner: Joint
RONALD KEITH WELLS Receives: 0%
DEE ANN WELLS Receives: 100%
e.
Vehicles. RONALD KEITH WELLS and DEE ANN WELLS own and agree to
divide ownership of their vehicles as follows:
Make: VW
Model: 1
Year: 2015
Color: White
VIN Number: nnnnnnnnnnnnn
Estimated Value: $15,000.00
Owner After Divorce: DEE ANN WELLS
Make: Audi
Model: A2
Year: 2017
Color: Black
VIN Number: yyyyyyyyyyyyyyy
Estimated Value: $25,000.00
Owner After Divorce: RONALD KEITH WELLS
Each spouse agrees to cooperate in signing or exchanging any documents
necessary to remove their name from the title to any vehicle he or she does not
receive.
f.
Life Insurance. RONALD KEITH WELLS and DEE ANN WELLS own and
agree to divide their life insurance policies as follows:
Policy Name/Number: Life Ins Ron
Insurance Company: Who
Policy Value: $500,000.00
Owner After Divorce: RONALD KEITH WELLS
Policy Name/Number: Life Ins Dee
Insurance Company: What
Policy Value: $250,000.00
Owner After Divorce: DEE ANN WELLS
Each party shall have the right to name any person or organization they so
choose as beneficiary on their life insurance policies. Each party waives any
interest they have in the other party's life insurance proceeds, cash value, or
otherwise.
g.
Household Goods. The parties agree each will receive the household goods
currently in their possession as the parties have previously divided their
household goods unless specifically stated otherwise in this agreement.
RONALD KEITH WELLS and DEE ANN WELLS further agree to divide the
following household items as follows:
Item: HHG
Description: All
Current Value: $15,000.00
Owner After Divorce: DEE ANN WELLS
h.
Personal Property. The parties agree each will receive their own personal
property items currently in their possession.
RONALD KEITH WELLS and DEE ANN WELLS agree to divide the
following personal property items as follows:
Item: spousal personal property
Description: spousal personal property
Current Value: $1.00
Owner After Divorce: DEE ANN WELLS
i.
Frequent Flyer Miles and Rewards Points. The parties own and agree to
divide frequent flyer miles and rewards points accounts as follows:
Frequent Flyer Miles Airline or Rewards Company: Hawaii Air
Account Number: unknown
Amount: 100,000
Owner After Divorce: RONALD KEITH WELLS
j.
Debts Owed to Parties. RONALD KEITH WELLS and DEE ANN WELLS
are owed the following funds or debts:
Debtor: GECC
Description: IHOP 1
Value: $500,000.00
Note: We have a note as proof of this debt.
Owner After Divorce: RONALD KEITH WELLS
k.
Other Assets. RONALD KEITH WELLS and DEE ANN WELLS own and
agree to divide the following remaining assets:
Item: any other asset
Description: any other asset
Current Value: $10.00
Owner After Divorce: RONALD KEITH WELLS
Item: any other asset
Description: any other asset
Current Value: $20.00
Owner After Divorce: DEE ANN WELLS
11. BUSINESS RIGHTS. RONALD KEITH WELLS and DEE ANN WELLS agree to
divide their current business interests as follows:
Business Name: IHOP
Total Ownership: 50%
RONALD KEITH WELLS Will Retain: 25%
DEE ANN WELLS Will Retain: 25%
12. FUTURE EARNINGS AND ACQUISITIONS. All income, earnings, or other property
received or acquired by either party to this Agreement on or after the date of execution
of this Agreement shall be the sole and separate property of the receiving or acquiring
party. Each party, as of the effective date of this Agreement, does hereby and forever
waive, release, and relinquish all right, title and interest in all such income, earnings
and other property except as necessary to collect any sums due hereunder in the event
of default.
13. DEBTS. Each spouse will be responsible for any indebtedness incurred in his or her
individual name prior to the date of marriage unless otherwise specifically stated in this
agreement. Each spouse will be responsible for any indebtedness incurred in his or her
individual name subsequent to the date of separation October 31, 2007 unless otherwise
specifically stated in this agreement. Each spouse will be responsible for any
indebtedness incurred in his or her individual name during the course of the marriage
unless otherwise specifically stated in this agreement.
a.
Mortgages. RONALD KEITH WELLS and DEE ANN WELLS agree to divide
responsibility for payment of their mortgages as follows:
Mortgage Lender: mortgage
Collateral: 25915 Camino Largo
Total Amount of Debt: $250,000.00
RONALD KEITH WELLS's Responsibility: 100%
DEE ANN WELLS's Responsibility: 0%
For any mortgage listed above the responsible party agrees to take all steps
necessary to refinance the debt to remove the other spouse's name from the
obligation. Both parties will remain on any mortgage they are jointly
responsible for as indicated in this agreement.
b.
Charge/Credit Card. RONALD KEITH WELLS and DEE ANN WELLS
agree to divide their charge accounts and credit card indebtedness as follows:
Credit Card Name: Credit Card
Total Amount of Debt: $5,000.00
RONALD KEITH WELLS's Responsibility: 100%
DEE ANN WELLS's Responsibility: 0%
Credit Card Name: Credit Card
Total Amount of Debt: $15,000.00
RONALD KEITH WELLS's Responsibility: 100%
DEE ANN WELLS's Responsibility: 0%
Credit Card Name: Credit Card
Total Amount of Debt: $40,000.00
RONALD KEITH WELLS's Responsibility: 100%
DEE ANN WELLS's Responsibility: 0%
Credit Card Name: Dee Credit Card
Total Amount of Debt: $5,000.00
RONALD KEITH WELLS's Responsibility: 0%
DEE ANN WELLS's Responsibility: 100%
The parties agree to take all possible steps to remove the other spouse's name
from any of the above debts for which he or she has assumed sole responsibility.
c.
Auto Loans. RONALD KEITH WELLS and DEE ANN WELLS agree to
divide their current auto loans as follows:
Lender's Name: Dees Loan
Total Amount of Debt: $15,000.00
RONALD KEITH WELLS's Responsibility: 0%
DEE ANN WELLS's Responsibility: 100%
Lender's Name: Rons Audi
Total Amount of Debt: $25,000.00
RONALD KEITH WELLS's Responsibility: 100%
DEE ANN WELLS's Responsibility: 0%
For any auto loan listed above the responsible party agrees to take all steps
necessary to refinance the loan to remove the other spouse's name from the
obligation. Both parties will remain obligated on any loan they are jointly
responsible for as indicated in this agreement.
d.
Bank/Credit Union Loans. RONALD KEITH WELLS and DEE ANN
WELLS agree to divide their current bank and credit union loans as follows:
Lender's Name: Unknown Loan
Collateral: unknown
Total Amount of Debt: $100,000.00
RONALD KEITH WELLS's Responsibility: 100%
DEE ANN WELLS's Responsibility: 0%
For any loan listed above the responsible party agrees to take all steps necessary
to refinance the loan to remove the other spouse's name from the obligation.
Both parties will remain obligated on any loan they are jointly responsible for as
indicated in this agreement.
14. OTHER. RONALD KEITH WELLS and DEE ANN WELLS agree to divide their
other property or indebtedness as follows:
Item: _________________
Description: _________________
Value: $0.00
RONALD KEITH WELLS's Share: _________________
DEE ANN WELLS's Share: _________________
15. SPOUSAL SUPPORT/ALIMONY.
DEE ANN WELLS is 63 years of age, has been married for 29 years, has a total
monthly income of $6,000.00, and has total monthly expenses of $3,000.00.
Significant Deferred Maintenance of Marital abode during separation. RONALD
KEITH WELLS has a gross monthly income of $25,000.00 from all sources and has
the ability to pay support. RONALD KEITH WELLS agrees to pay DEE ANN
WELLS spousal support in the amount of $5,000.00 per month 10 years. Spousal
support payments shall be paid no later than the 1st day of the month.
16. NAME CHANGE. Neither party is seeking to change their name at this time but both
reserve the right to bring an action before the court at a later date.
17. TAXES. Any and all taxes, penalties, interest, liens, judgments are the sole and
separate responsibility of Petitioner, Ronald K Wells..
18. MUTUAL INDEMNITY. All parties agree the other parties are free of any liability or
wrongdoing. Any liability or wrongdoing is expressly denied. Furthermore, the parties
each agree that neither shall disparage the other to any third party at any time. The
parties agree that in regard to the payment of debts and other liabilities stated in this
Agreement that each shall indemnify and hold harmless the other for the payment of
same.
19. FUTURE DISPUTE SETTLEMENT. The parties agree that if any dispute, question,
disagreement, or change occurs affecting the terms of this Agreement, they will work
together to negotiate with each other in good faith, in consideration of their mutual
interest, with the purpose of reaching a solution, which is beneficial for the parties. In
the event negotiations fail, the parties agree to first seek mediation, through a qualified
mediator selected jointly by the parties. Either party may terminate mediation at any
time. In the event the dispute is not resolved, either party may motion the Court
governing this Agreement and the resulting decree of divorce or judgment for a
decision regarding the disputed matter.
20. FULL DISCLOSURE OF ASSETS AND LIABILITIES. The parties hereby represent
that they have each made full disclosure to the other party of their individual assets.
Each represents that he or she has provided the other with a current financial statement
which discloses fully and completely all of his or her income, assets, expenses and
liabilities. By executing this Agreement, the parties represent that the terms and
provisions of this Agreement are fair, just and reasonable and are not the product of
fraud, coercion or undue influence and that each signs this Agreement freely and
voluntarily.
21. ADDITIONAL DOCUMENTS. Each party agrees that he or she will sign and execute
any additional documents that could be necessary to put into effect the intended
purposes hereof. Each party shall execute, acknowledge and deliver to the other party
any and all instruments and assurances that the other party may reasonably require or
find convenient, expedient, or businesslike for the purpose of giving full force and
effect to the provisions of this Agreement, specifically including any deeds, affidavits,
tax forms or other instruments required of one party to the other in order to pass good
or merchantable title to any property owned by either party during the marital
relationship.
22. ATTORNEY'S FEES. Each party is solely responsible for paying their respective
attorney's fees and costs incurred in connection with this agreement's negotiation and
preparation through a final dissolution of the marriage. Neither party will have any
obligation whatsoever for any attorney's fees or costs incurred by the other.
23.
SUBMISSION OF AGREEMENT TO COURT. The parties each agree that this
Agreement shall be submitted to the Court for a judge's approval of the terms and entry
of Judgment of Divorce.
24. BINDING AGREEMENT. This agreement shall be binding upon and shall inure to the
respective heirs of the parties and their personal representatives of their estates.
By executing this agreement I swear that to my knowledge the information contained herein is a
full and complete disclosure and it is my intention that this Agreement is a full and final division
of the property and debts involved in this marriage and that I am satisfied with the agreement
contained herein.
Dated: ___________
By:
__, 2018
______________________
RONALD KEITH WELLS
33 Cambria
Mission Viejo, California
______________________________________________________________________________
STATE OF CALIFORNIA )
)
COUNTY OF ORANGE )
On _______________ 2018 before me, ________________________________, personally
appeared RONALD KEITH WELLS, who proved to me on the basis of satisfactory evidence
to be the person(s) whose name(s) is/are subscribed to the within instrument and acknowledged
to me that he/she/they executed the same in his/her/their authorized capacity(ies), and that by
his/her/their signature(s) on the instrument the person(s), or the entity upon behalf of which the
person(s) acted, executed the instrument.
I certify under PENALTY OF PERJURY under the laws of the State of California that the
foregoing paragraph is true and correct.
WITNESS my hand and official seal.
________________________________________ (Notary Seal)
Signature of Notary Public
By executing this agreement I swear that to my knowledge the information contained herein is a
full and complete disclosure and it is my intention that this agreement is a full and final division
of the property and debts involved in this marriage and that I am satisfied with the agreement
contained herein.
Dated: ___________
By;
__, 2018
______________________
DEE ANN WELLS
25915 Camino Largo
Mission Viejo, California
______________________________________________________________________________
STATE OF CALIFORNIA )
)
COUNTY OF ORANGE )
On _______________ 2018 before me, ________________________________, personally
appeared DEE ANN WELLS, who proved to me on the basis of satisfactory evidence to be the
person(s) whose name(s) is/are subscribed to the within instrument and acknowledged to me that
he/she/they executed the same in his/her/their authorized capacity(ies), and that by his/her/their
signature(s) on the instrument the person(s), or the entity upon behalf of which the person(s)
acted, executed the instrument.
I certify under PENALTY OF PERJURY under the laws of the State of California that the
foregoing paragraph is true and correct.
WITNESS my hand and official seal.
________________________________________ (Notary Seal)
Signature of Notary Public
Forms to be Completed by All People Filing for No-Fault Divorce in California:
Petition-Marriage Form
This form is used to start a family law case, and can be accessed online here:
http://www.courtinfo.ca.gov/forms/fillable/fl100.pdf
Optional: Some people may run out of space to declare property on the Petition. If you need
more room, you can use the Property Declaration form to list shared or separate properties and
debts.
Summons Form
This form allows you to tell your spouse that you have started a court case, and the repercussions
of him or her not responding within thirty days. The form can be accessed online here:
http://www.courtinfo.ca.gov/forms/fillable/fl110.pdf
Marriage Settlement Agreement
This form is used to clarify with the court that the parties are in agreement regarding the divorce
and have reached a settlement regarding how their marital assets should be divided. A divorce
settlement agreement should be filed if the parties agree about all issues involved in their divorce
and they do not wish to proceed with a lengthy trial.
2) Find Out if You Need to Fill Out a Local Form
You may have to fill out a local form, depending on your court. If this is the case, get in touch
with your county clerk's office, a family law facilitator, or use RocketLawyer.com to find a
family law attorney and ask about your county's forms.
3) Make Copies of your Forms
Once you have filled out the appropriate forms, make at least three copies of each. One set will
be served to your spouse, and two should be kept for your records.
4) Bring your Completed Forms to your Court Clerk's Office and Pay the Fee
Proceed to your court clerk's office with the originals and copies of your forms. If everything is
in order, the clerk will use the original forms and ask you to pay a fee to file. You can also ask
for a waiver for the fees if you cannot afford to pay them.
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