New York Divorce Lawyer - Brian D. Perskin
Client Testimonials
Offices in Brooklyn & Manhattan
Recent Posts
Categories
Archives
Contested Divorce in New York
High Net Worth Divorce Cases
New York Child Custody Laws
Custody & Visitation Rights
New York Fathers' Rights
Orders of Protection
Parental Alienation
Equitable Distribution - Division of Property
Domestic Violence Attorney
Spousal Support Lawyer
Prenuptial Agreements
Granparents Rights Attorney
Uncontested Divorce in New York
Military Divorce
Uncontested Divorce in New York
Legal Forms



Interested in Changing Your Current Lawyer
Instant Callback Video Vault
 
« Am I Entitled to Interest? | Main  | Can I Set Aside My Agreement? »
  Enhanced Earnings: Am I entitled?
Most lawyers know that law degrees, and medical degrees can be valued as part of a divorce in New York State.  What many lawyers overlook is attempting to place a value on other forms of enhanced earnings. For that matter, half the judges in New York don't know that a wife or a husband can place a value on any type of enhanced earnings earnied during the marriage...

Read 

99.2.68 Hougie

Hougie v. Hougie, 261 A.D.2d 161, 689 N.Y.S.2d 490 (First Dept. 1999)

Supreme Court, Appellate Division, First Department, New York.

Anne L. HOUGIE, Plaintiff-Respondent,

v.

Robert E. HOUGIE, Defendant-Appellant.

May 6, 1999.

**490 Allan D. Mantel, for Plaintiff-Respondent.

Michael F. Teitler, for Defendant-Appellant.

ROSENBERGER, J.P., RUBIN, MAZZARELLI, SAXE and BUCKLEY, JJ.

**491 MEMORANDUM DECISION.

*161 Order, Supreme Court, New York County (Sherry Klein Heitler, J.), entered April 17, 1998, which denied defendant's motion for partial summary judgment dismissing so much of the complaint as seeks equitable distribution of defendant's enhanced earning capacity as an investment banker, unanimously affirmed, with costs.

Preliminarily we note that whether a particular marital asset, such as the enhanced earning capacity attributable to a particular career, is subject to equitable distribution is an issue that can be decided prior to trial (see, e.g., Elkus v. Elkus, *162 169 A.D.2d 134, 572 N.Y.S.2d 901, lv. dismissed 79 N.Y.2d 851, 580 N.Y.S.2d 201, 588 N.E.2d 99; West v. West, 213 A.D.2d 1025, 625 N.Y.S.2d 116, lv. dismissed 86 N.Y.2d 885, 635 N.Y.S.2d 950, 659 N.E.2d 773). On the merits, defendant's enhanced earning capacity as an investment banker is subject to equitable distribution regardless of whether or not such a career requires a license (see, Elkus v. Elkus, supra; but see, West v. West, supra), and the amount of such enhancement was therefore properly determined without regard to the existence of any such license. However, on appeal, in his reply brief, defendant for the first time acknowledges that during the marriage he obtained a Series 7 securities license, which is necessary to trade securities in the United States, and such license should also be taken into account in determining his enhanced earning capacity (see, McSparron v. McSparron, 87 N.Y.2d 275, 285- 286, 639 N.Y.S.2d 265, 662 N.E.2d 745).

a recent case from the applellate division...

Categories: Divorce

Posted By Linda King on December 12, 2006 04:45 pm | Permalink 
New York Divorce Lawyers New York Child CUstody Lawyer New York Criminal Defense Attorney
Domestic Violence Defense Attorney New York Fathers' Rights Lawer Uncontested Divorces in New York
CITIES WE SERVE:
Manhattan |  BrooklynQueens | Bronx |   Long IslandNassau County | Staten Island

New York Divorce Attorneys
Contact The Law Office of Brian D. Perskin
Site Map
Orange County Divorce Attorney

Professional Web Design The information on this New York Attorney / Law Firm website is for general information purposes only. Nothing on this or associated pages, documents, comments, answers, emails, or other communications should be taken as legal advice for any individual case or situation. This information on this website is not intended to create, and receipt or viewing of this information does not constitute, an attorney-client relationship. Administration

Brooklyn Heights Office: 105 Court Street Suite 402 • Brooklyn, NY 11201     Phone: 718-875-7584

New York City Office: 41 Madison 41st Floor • New York, New York 10010       Phone: 212-355-0887