In high-net-worth New York divorces, disputes over spousal maintenance, child support, and the division of valuable real estate often hinge on how courts weigh factors such as earning capacity, parenting roles, and lifestyle needs. Complications can arise, however, when one party challenges the fairness of a property award or seeks to impute income based on education and potential, even when the other parent has assumed the bulk of child-rearing responsibilities. A recent decision issued in a New York divorce action highlights how trial courts balance these factors to craft equitable outcomes. If you are involved in a divorce involving unequal incomes, substantial assets, or questions of income imputation, it is critical to speak with a knowledgeable New York divorce attorney about how the law may apply to your circumstances.
History of the Case
It is reported that the parties were married in 2010 and had three children over the course of the marriage. Allegedly, the wife filed for divorce in June 2021, seeking custody, spousal maintenance, child support, and other relief. The husband counterclaimed for divorce and requested similar remedies. The parties subsequently stipulated to joint legal and shared physical custody, agreed to valuations of their two real properties (a marital residence and a lake house), and stipulated to their 2021 incomes.