The parties separated after a 20-year marriage.
The trial addressed child support, spousal support, and equalization, including the valuation of the respondent's businesses and the matrimonial home.
The court imputed income to both parties, setting the applicant's income at $37,500 and the respondent's at $162,800 for 2013, factoring in corporate pre-tax income and personal expenses paid by his companies.
The court valued the respondent's businesses on a going concern basis rather than a liquidation basis.
The court also found that the respondent held a 50% beneficial interest in the matrimonial home, which was registered solely in the applicant's name, as the presumption of resulting trust was not rebutted.
The applicant's request for an unequal division of net family property due to a tax liability was dismissed.
The respondent was ordered to pay an equalization payment of $699,309.14, plus ongoing child and spousal support.
