This case involves a divorce trial addressing spousal support, child support, business valuation, equalization of family property, and various financial adjustments.
The parties separated after 18.5 years of marriage.
The court granted the divorce, imputed an income of $35,000 per annum to the Applicant for spousal support calculations, and ordered spousal support to continue for a limited period, with a portion payable as a lump sum.
Child support obligations were adjusted based on the children's enrollment status and residency.
The court valued the parties' HVAC business at $104,000, accepting the Respondent's expert's valuation due to local market risks and post-separation business volatility.
After equalization and numerous financial adjustments for overpayments, joint debts, and shareholder loans, the Applicant was found to owe the Respondent $114,298.22.