TERRELL v. TERRELL


299 A.D.2d 810 (2002)

749 N.Y.S.2d 345

MARY T. TERRELL, Respondent-Appellant, v. JACK E. TERRELL, Appellant-Respondent.

Appellate Division of the Supreme Court of the State of New York, Fourth Department.

Decided November 15, 2002.


It is hereby ordered that the order and judgment so appealed from be and the same hereby is unanimously modified on the law by excluding from the calculation of defendant's income the amounts of $38,000 as cash distribution in 1998 to pay 1999 quarterly estimated taxes, $45,500, or one third of the $134,500 balance of a corporate "accumulated adjustments account," and $16,000 in increased principal repayments on a loan and by providing that defendant's income is deemed to...

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