Wife Doesn’t Have To Draw Down Investments For Support
The Virginia Court of Appeals has recently opined in a multi-million dollar equitable distribution case that it would be unfair to require a wife to draw down on her share of marital investments while the husband’s investment accounts could continue to grow.
The court in Gordon v. Gordon affirmed the lower court’s ruling in favor of the wife, and found that she enabled her husband to be the breadwinner by being the primary caregiver of their child. The court’s decision affirmed an award of monthly support payments in the amount of $12,000 to the wife.
Click here to read the full text of the court’s opinion: Gordon v. Gordon.