Trial court did not abuse its discretion when it awarded spousal support to wife based upon the income earned from husband’s investment in company of which he was chief executive officer (CEO), and allowed him to retain a larger percentage of the proceeds, but did not consider investment income that wife could earn, where the trial court attempted to equalize the parties’ monthly income, which was complicated by the fact that wife could not duplicate husband’s $500,000 investment in stock in his company, and the parties’ income fluctuated drastically, by several million dollars at times, such that employing historical earnings could have resulted in a significant cash outlay by husband that would have been inconsistent with the way he actually earned income in the later years of the marriage.
http://www.supremecourt.ohio.gov/rod/docs/pdf/9/2014/2014-ohio-3474.pdf
Laura W. Morgan is the owner and operator at Family Law Consulting in Charlottesville, Virginia.Laura is available for consultation, brief writing and research on family law issues throughout the country. She can be reached through her website. www.famlawconsult.com
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