Husband’s Interest In Medical Practice Found To Be Almost Three Times Less Than Value Maintained By Wife

Posted by Michael D. Day, Esq. at 3:10 PM

In a recent Connecticut divorce case, Catsam v. Catsam (FA-04-4000841-S), the Court found that the parties married in 1987 and had children ranging from the ages of 5 years to 18 years. The Court found the value of the Husband’s interest in a medical practice to be $100,000, despite the Wife’s proposed value of $273,000. The Court awarded the Wife ½ of the Husband’s interest in said medical practice to be paid to the Wife at the rate of $10,000 per year for 5 years. The Wife requested alimony in the amount of $650 per week, but the Court awarded the Wife $300 per week for 10 years. The Wife was awarded child support and an equitable division of the marital assets. Information source: The Connecticut Law Tribune.