Dawn Gibbons
Rather than endure a four day public trial in their divorce Governor Jim Gibbons and Dawn Gibbons have reached a settlement. Now the judge has to approve it.
Nevada is a no-fault state. Settlement of divorces generally address a split of their property, determining spousal support (alimony) and child support (no children here).
Of course there has to be property to split. Real property, personal property, vested retirement, bank account(s) and the like. Most of us only have our houses to split, which may actually represent a community debt rather than asset in current times.
Jim and Dawn have agreed to split their Reno home and 40 acres in scenic Lamoille in Elko County, lawyers said. Each has a net value of about $575,000. Jim will get the guns, Dawn the art.
The governor and his wife live a bit higher on the hog than most of us.
The governor will get to keep a 1914 Model T car. The first lady will get a 1915 Model T. They are still dividing up their furniture. You know, who gets the big HD TV and who gets the smaller analog version.
Dawn will get a lump $275,000 payment within 60 days, representing half of the value of the 40 acres the couple own in Lamoille, outside Elko. Once she gets that payment, she’ll leave the apartment on the grounds of the governor’s residence where she has been staying.
She will also get $1,454 from Gibbons’ various pensions (he was an airline pilot and receives a federal pension from his time in Congress.) On top of that, for the next five years she would get 25 percent of his gross monthly income. Recent court documents filed in the divorce put his monthly pre-tax income at $16,700.
Dawn will keep the last name of Gibbons. Why she would want to retain the married name is beyond me.
It is historic. The first divorce for a sitting governor in Nevada.
[Source: Las Vegas Sun]
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