I have previously blogged about the permanent alimony, imputation and lifestyle aspects of the Gnall case decided by the Appellate Division
last week. The last interesting aspect of Gnall was the treatment
of child support in an over guidelines case, specifically, college
savings.
Remember from the prior posts that in this case, the husband was
earning well over $1 million dollars and $65,000 was imputed to the
wife, plus alimony. The trial court calculated a basic
support award, using the Child Support Guidelines of $997 per week.
The judge further ordered a supplemental award of $19,200 per child
per year, from which the maximum allowable federal gift tax
exclusion was to be deposited into each of the children's
existing UGMA for higher education, and the balance remitted
to the wife in equal monthly installments. Both
parties appealled with the wife arguing that it was too low and the
husband arguing that it was too high. The Appellate Division
remanded because
