The husband was employed in the insurance industry throughout the marriage, and during the two years leading up to the parties’ dissolution, owned his own insurance company. The court found that the husband’s earning capacity increased steadily throughout the marriage to approximately $200,000 at the time of trial. This included earned income, commissions, and other unearned income.
The wife’s work history was brief and occurred mostly before the parties’ had children. Though she was primarily responsible for raising the children, at the time of trial, she had returned to school and was in the process of obtaining an associate’s degree. The parties’ primary asset was the marital home, which, according to the Court, had a value of approximately $600,000.
Court Findings
Based on its findings, the Court ordered the husband to pay to the wife the sum of $6,000 as unallocated alimony and child support for a period of ten years, followed by $3,000 per month for a period of five years. The Court limited the duration of alimony, which was otherwise non-modifiable, upon the wife’s remarriage, the death of either party, or the wife’s cohabitation. The Court also ordered that if the marital home was sold, the husband’s alimony obligation would increase to $7,500 per month for the first ten years and $3,750 for the following five years.
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