CT Divorce Law: Optometrist Who Earns $84,000 Has $150,000 Earning Capacity

2012-06-12 | Joseph M. Busher
jmbusher@jacksonokeefe.com

Category: Divorce

Joseph M. Busher

CT Divorce Law:  Optometrist Who Earns $84,000 Has $150,000 Earning Capacity

Case:  Watson v. Watson

Doc. No.: FA10-4013021S; Court Opinion by: Suarez, J.

Date:  Jan. 12, 2012

A court can find that a party’s earning capacity is greater than the amount that the party allegedly is earning.  The parties married in 1997 and have one minor child.  The husband, 45, is an electrical engineer who switched careers to work in optometry.  In 2004, the parties obtained a CIT small Business loan and purchased an optometry business in Vernon, Conn.  The husband examined patients, and the 48 year old wife managed the office and processed insurance claims. Currently, the fair market value of the optometry business in Vernon is approximately $560,000, and the balance on the loan is $153,000.  The parties also obtained $352,500 in small business administration loans, which they guaranteed, to expand their business.  They paid $250,000 to purchase property in Coventry.  The court found that the fair market value of the second property is $279,000.  Each of the parties earned $84,000 gross per year. In March 2010, the wife allegedly destroyed several eyeglasses displays and office equipment, after she discovered that the husband allegedly had an affair with a 22 year old optometry office worker.  The husband fired the wife and promoted his girlfriend to office manager.  The husband claimed that he earns $1,172 net per week, and the court found that the husband’s current earning capacity is $150,000, gross per year and that he earns $1,838 net per week.  The wife receives $480 per week in unemployment benefits.  The husband claimed the wife was at greater fault for the breakdown of the marital relationship because she allegedly criticized the husband, and he became depressed.  The court did not find either party at greater fault. The court awarded joint custody of the minor child, with primary residence with the wife.  The court ordered the husband to pay child support of $278 per week.  The court also ordered that he pay $625 per week as alimony, until the wife’s death, marriage, cohabitation or Jan. 12, 2019, whichever takes place first.  The court awarded the wife the marital residence and ordered the husband to pay her $50,000 within one year.  The court awarded the husband his interests in the optometry businesses.

For more information and resources on Connecticut divorce lawyers, see our divorce resources pages:

http://www.jacksonokeefe.com/general-practice/divorce-lawyers.htm

http://www.jacksonokeefe.com/wethersfield-ct-attorneys/divorce-lawyers.htm

http://www.jacksonokeefe.com/farmington-ct-attorneys/divorce-lawyers.htm

http://www.jacksonokeefe.com/southington-ct-attorneys/divorce-lawyers.htm

http://www.jacksonokeefe.com/east-haddam-moodus-ct-attorneys/divorce-lawyers.htm

http://www.jacksonokeefe.com/west-hartford-ct-attorneys/divorce-lawyers.htm

http://www.jacksonokeefe.com/cromwell-ct-attorneys/divorce-lawyers.htm

Connecticut Divorce, Family Law and Mediation Attorneys

If you are coping with Connecticut divorce or a paternity matter, or require a modification to resolve critical problems that have arisen afterward, it is essential to work with a Connecticut divorce lawyer who inspires your confidence and trust. Jackson O’Keefe understands what you are going through and understands the life-changing dynamics of families going through divorce. In divorces, and other family law matters, we understand how important it is to protect your rights and interests, and those of your children as well. In some situations, this may call for a more pragmatic approach designed to achieve desired solutions with a minimum of expense, delay and damage. In others, aggressively protecting your rights and taking your custody or alimony dispute to trial may be called for. In either case, we will not lose sight of satisfying your long-term goals.

 

Jackson O’Keefe represents and counsels individuals relative to Connecticut prenuptial agreements, separation, and Connecticut divorce and child custody issues. The attorneys in our family law section have been recognized by the Connecticut courts for their expertise and have acted as Special Master’s assisting other attorneys and individuals to resolve Connecticut divorce and child custody claims. Our wide experience in real estate and estate planning enables us to counsel our family law clients relative to a wide variety of legal issues. Jackson O’Keefe attorneys are dedicated to the practice of family law including divorce, legal separation, property division, custody, child and spousal support, paternity, litigation, pretrial litigation, mediation, pre-marriage issues, and post-divorce issues. Attorneys in our firm are adept at analyzing complicated financial situations, particularly complex business valuation issues.

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