Edgcomb

I. BACKGROUND

John and April married in October 1993. They had one daughter, who reached majority in April 2018. John and April enjoyed a high marital standard of living. John was the primary earner, working as the partner of a law firm and generally earning seven figures in annual income. April was the primary caretaker for their daughter, and she worked part-time as a physical education instructor. In 2014, the last year she worked, April earned less than $30,000. John and April separated in May 2015 and subsequently negotiated a marital settlement agreement. Judgment was entered incorporating the agreement on March 15, 2018. Each party received $3.2 million in community property; April’s share included the family residence. The judgment recognized John’s “base income” as $579,000, and it imputed $70,000 in income to April. The judgment required John to pay $15,000 per month in spousal support to April, plus bonus support in the event John’s annual income exceeded $579,000 up to a cap of $900,000.

3 The spousal support payments were taxable to April and deductible to

John. The percentage of John’s income payable as bonus support gradually decreased, starting at 25 percent…