Matter of Marriage of Maxwell

Husband appeals from a judgment of dissolution, challenging the trial court’s valuation of the family business and award of indefinite spousal support. We review de novo, ORS 19.125(3), and remand for entry of a modified judgment.

At the time of trial, wife was 47 and husband was 45. They were married for fifteen years. They have a daughter who was 13 years old. She lives with wife.

Husband is a self-employed advertising copywriter. He reported total income for federal tax purposes of $63,127 in 1987, $89,710 in 1988, $91,264 in 1989, $109,949 in 1990, and $107,522 in 1991. During the last half…