In a recent decision, the appellate division in the Fourth Department, reduced an award of equitable distribution from forty percent to twenty percent of the value of a degree earned during the marriage. It is interesting to read this case for a number of reasons. Foremost, the degree for a physicians assistant was valued at approximately $176,000 dollars and this is a case of a women in her mid to late forties. If she was younger the degree would have been worth more money……
LARRY G. MARTINSON, PLAINTIFF-APPELLANT,
MICHELLE R. MARTINSON, DEFENDANT-RESPONDENT.
September 29, 2006
PRESENT: SCUDDER, J.P., KEHOE, SMITH, PINE, AND HAYES, JJ.