Debra Rattee v. Steven Rattee

Summary

The court held that child support must be based on the obligor's present income rather than an average of income earned over multiple years, and remanded for recalculation on that basis. It declined to decide whether a downward deviation from the guidelines was warranted because the income calculation had to be redone. The court upheld the valuation of the closely held corporation, including the treatment of excess compensation, the 28.5% discount, and the debt adjustment.