Corless v. CorlessCorless v. Corless
Ordered that the order dated May 24, 2004, is affirmed, without costs or disbursements.
Contrary to the plaintiff‘s contention, the defendant‘s use of his income, including severance pay, to pay legitimate household expenses did not constitute a dissipation of marital assets (see Gonzalez v Gonzalez, 291 AD2d 373, 374 [2002]; Harbour v Harbour, 227 AD2d 882, 883-884 [1996]).
The Supreme Court is given broad discretion in allocating the assets and debts of the parties to a matrimonial action (see McKeever v McKeever, 8 AD3d 702 [2004]). Here, the Supreme Court properly considered the entirety of the marital estate in apportioning the parties’ financial obligations, after allocating to each party the responsibility for debts incurred after commencement of the action (see Prince v Prince, 247 AD2d 457 [1998]).
While outstanding financial obligations incurred during the marriage which are not solely the liability of either spouse may be deemed marital obligations, a financial obligation incurred by one party in pursuit of his or her separate interests should remain that party‘s separate liability (see Jonas v Jonas, 241 AD2d 839, 840 [1997]; Helen A.S. v Werner R.S., 166 AD2d 515, 517 [1990]). The plaintiff‘s graduate school education was not treated as marital property and the student loan used to finance that education was, under the circumstances, incurred for the plaintiff‘s sole benefit. In view of the foregoing, the Supreme Court providently exercised its discretion in allocating this debt to the plaintiff as her separate responsibility.
The award of maintenance in this case, which took into account the plaintiff‘s age, health, education, and employment history (see Wortman v Wortman, 11 AD3d 604, 606 [2004]; Unterreiner v Unterreiner, 288 AD2d 463 [2001]; Poli v Poli, 286 AD2d 720, 723 [2001]) was a proper exercise of the Supreme Court‘s discretion.
The Supreme Court erred in failing to direct the defendant to obtain and maintain a life insurance policy to secure his obligation for maintenance and child support (see Comstock v Comstock, 1 AD3d 307, 308 [2003]). We conclude that a life insurance policy in the fixed amount of $400,000 will be sufficient (see Fogarty v Fogarty, 284 AD2d 300, 301-302 [2001]).