In last month's newsletter, we discussed the issue of the unused professional license and its value, if any, when seeking equitable distribution at the time of divorce. The court in Pino v.
Professional Licenses and Equitable Distribution
In last month's newsletter, we discussed the issue of the unused professional license and its value, if any, when seeking equitable distribution at the time of divorce. The court in <i>Pino v. Pino</i>, 189 Misc.2d 331 (Sup. Ct. Nassau 2001), for one, has compared equitable distribution to imputed child support and maintenance and concluded that it possesses full authority to calculate the enhanced earning potential from the license and can add that monetary result to the monies to be equitably distributed. But this is a rather unexplored area of the law in New York -- an area ripe for litigation. <b>Part Two of a two-part article.</b>
By
Michael B. SolomonThis premium content is locked for LawJournalNewsletters subscribers only
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