Following a long marriage with three children, the court determined property equalization, spousal support, and child support issues after the parties agreed on a parenting plan.
The primary dispute concerned valuation of significant real estate assets for net family property calculation.
The court preferred one expert appraisal over another and determined the values of the matrimonial home and a farm property, resulting in an equalization payment payable to the applicant.
Despite the long marriage and the applicant’s role as homemaker, spousal support was denied due to the applicant’s substantial assets and investment income.
Guideline child support was ordered based on the respondent’s reduced income following job loss, and the parties were required to share section 7 expenses equally.
