The respondent father brought a motion to vary a temporary order for child and spousal support, arguing his income had significantly decreased since the 2016 valuation of $1,549,000 used in the original order.
The court reviewed competing expert valuations of his 2017 and 2018 income, which involved complex corporate structures and capital dividends.
The court determined the father's 2018 income for support purposes was approximately $750,000.
Consequently, the court reduced the table child support to $9,277 per month but declined to reduce the spousal support of $15,000 per month, finding it remained appropriate under the Spousal Support Advisory Guidelines.