Cervoni v. Cervoni , 34 N.Y.S.3d 792 ( 2016 )


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  •                           State of New York
    Supreme Court, Appellate Division
    Third Judicial Department
    Decided and Entered: July 14, 2016                     522163
    ________________________________
    MARIA CERVONI,
    Respondent,
    v                                      MEMORANDUM AND ORDER
    CARLO CERVONI,
    Appellant.
    ________________________________
    Calendar Date:   May 23, 2016
    Before:   Garry, J.P., Egan Jr., Lynch, Devine and Mulvey, JJ.
    __________
    Jackson Bergman, LLP, Binghamton (Benjamin K. Bergman of
    counsel), for appellant.
    Richard J. Grace, Binghamton, for respondent.
    __________
    Devine, J.
    Appeal from a judgment of the Supreme Court (Connerton,
    J.), entered March 2, 2015 in Broome County, ordering, among
    other things, equitable distribution of the parties' marital
    property, upon a decision of the court.
    Plaintiff (hereinafter the wife) and defendant (hereinafter
    the husband) were married in 1975 and have no unemancipated
    children. The wife commenced this divorce action in 2013,
    asserting an irretrievable breakdown in the marriage
    (see Domestic Relations Law § 170 [7]). Following a nonjury
    trial, Supreme Court issued a November 2014 decision in which it
    found that the grounds for divorce had been established and
    outlined the details of its equitable distribution and
    maintenance awards. Supreme Court issued a judgment of divorce
    that incorporated the terms of that decision, and the husband
    -2-                522163
    appeals.
    The husband first argues that Supreme Court erred in
    ordering him to pay the wife $1,000 a month in maintenance for 10
    years. The amount and duration of a maintenance award are a
    matter within the sound discretion of Supreme Court, and the
    award will not be disturbed so long as "the statutory factors and
    the parties' predivorce standard of living" were properly
    considered (Murray v Murray, 101 AD3d 1320, 1322 [2012], lv
    dismissed 20 NY3d 1085 [2013]; accord Robinson v Robinson, 133
    AD3d 1185, 1186 [2015]). Supreme Court made a detailed analysis
    in which it considered the then-applicable statutory factors and,
    contrary to the husband's contention, it was not required to
    "apply each and every factor set forth in the statute" in doing
    so (Robinson v Robinson, 133 AD3d at 1186; see Domestic Relations
    Law § 236 [B] [former (6)]; Curley v Curley, 125 AD3d 1227, 1228
    [2015]).
    As to whether the award constituted an abuse of discretion,
    the husband is self-employed by a construction company that he
    founded in 1985, and he acknowledged that he paid for essentially
    all of his personal obligations using corporate funds. Supreme
    Court aptly observed, as a result, that the husband had far
    greater financial resources than his lack of personal banking
    accounts and meager reported income would suggest. In contrast,
    the wife earned a bit over $22,000 in 2013, moved in with her
    adult son upon leaving the marital residence and was unlikely to
    significantly improve her earning capacity. Supreme Court relied
    upon the income disparity between the parties in fashioning its
    award of maintenance and, particularly given the length of the
    marriage and the financial sacrifices made by the wife in order
    to act as caregiver for the parties' children and provide the
    family with health insurance, we perceive no abuse of discretion
    in the amount or duration of maintenance awarded (see Robinson v
    Robinson, 133 AD3d at 1186-1187; Curley v Curley, 125 AD3d at
    1228-1229; Murray v Murray, 101 AD3d at 1322; O'Connor v
    O'Connor, 91 AD3d 1107, 1108-1109 [2012]).
    The husband also challenges "aspects of Supreme Court's
    equitable distribution award, which will not be disturbed absent
    an abuse of discretion or failure to consider the requisite
    -3-                522163
    statutory factors" (Robinson v Robinson, 133 AD3d at 1187
    [internal quotation marks and citations omitted]; see Mahoney-
    Buntzman v Buntzman, 12 NY3d 415, 420 [2009]; Mula v Mula, 131
    AD3d 1296, 1298 [2015]). Supreme Court valued the marital assets
    at $816,619.65 and, after considering the pertinent statutory
    factors (see Domestic Relations Law § 236 [B] [5] [d]),
    determined that those assets should be divided equally. The
    largest marital asset by far was the company, which owned a
    variety of real property and equipment, and Supreme Court found
    that it had a net value of $625,864.47. Supreme Court awarded
    the company to the husband and, to account for the resulting
    disparity in asset distribution, ordered him to pay a
    distributive award of $392,604.64 to the wife over the course of
    five years.
    The husband does not seriously dispute, and we agree with
    Supreme Court, that an equal division of marital property was
    called for. He does argue that the valuation of certain company
    equipment and the method of division was improper. In that
    regard, most, but not all, of the company's equipment was valued
    by an expert appraiser, and Supreme Court valued some other
    equipment by halving its cost basis as listed on a 2013 equipment
    depreciation schedule.1 There is nothing improper in considering
    depreciation in valuing the assets of a business and, given that
    "valuation is an exercise properly within the fact-finding power
    of the trial courts," we cannot say that Supreme Court erred in
    valuing those items as it did (Burns v Burns, 84 NY2d 369, 375
    [1994]; accord Gaglio v Molnar-Gaglio, 300 AD2d 934, 937 [2002];
    see Brett R. Turner, 2 Equitable Distribution of Property § 7.21
    [3d ed 2015]).
    1
    The husband points out the lack of other proof to
    establish the value or the continued ownership of this additional
    equipment, but it was he who placed the 2013 depreciation
    schedule into evidence at trial. The schedule was admitted
    during the testimony of an accountant, who gave no indication
    that the equipment was no longer in the possession of the
    company. The husband notably fails to assert on this appeal that
    the equipment is actually valueless or no longer in the company's
    possession.
    -4-                522163
    The husband also asserts that certain pieces of equipment
    were double-counted in calculating the equitable distribution
    award and, while we are not uniformly persuaded by those
    assertions, we do agree that an excavator for which the record
    contains an invoice and the appraiser's assessment of its value
    was counted twice. Supreme Court likewise seems to have double-
    counted a vibratory roller listed on the depreciation schedule
    that the appraiser's testimony reveals was the same item he
    appraised as a "compactor." Since Supreme Court found the
    appraised value of those items to be credible, we modify the
    judgment to remove the additional valuations, amounting to
    $69,360, which reduces the total value of the marital estate to
    $747,259.65. The effect of that reduction is to reduce the
    distributive award to be paid by the husband to $357,624.65.
    The husband's remaining contentions have been examined and
    found to be lacking in merit.
    Garry, J.P., Egan Jr., Lynch and Mulvey, JJ., concur.
    -5-                  522163
    ORDERED that the judgment is modified, on the law and the
    facts, without costs, by reversing so much thereof as double-
    counted certain marital property as set forth in this Court's
    decision; reduce the net value of the marital estate to
    $747,259.65 and plaintiff's distributive award to $357,624.65;
    and, as so modified, affirmed.
    ENTER:
    Robert D. Mayberger
    Clerk of the Court
    

Document Info

Docket Number: 522163

Citation Numbers: 141 A.D.3d 918, 34 N.Y.S.3d 792

Judges: Devine, Garry, Egan, Lynch, Mulvey

Filed Date: 7/14/2016

Precedential Status: Precedential

Modified Date: 11/1/2024