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 | 1. Divorce Source: Cases of Interest: Valuation of Assets
Case law and analysis of divorce cases related to valuation of assets. Visit Other Cases of Interest
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| | 2. Divorce Source: VALUATION PROCEDURE - HARMLESS ERROR
OHIO Young v. Young, 146 Ohio App. 3d 34, 764 N.E.2d 1093 2001. Where the trial court made a factual mistake in valuing the marital residence for the purpose of division, the case must be remanded to the trial court for correction of the error. The appellate court cannot determine that the overall d
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5.9%
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| | 3. Divorce Source: Valuation Prior Sale Price Control Premium - Valuation Income Formula High Income Months
VIRGINIA - Shackelford v. Shackelford, 39 Va. App. 201, 571 S.E.2d 917 2002. The price paid in a prior purchase of a 50% interest in a business was not evidence of the value for divorce purposes, because the price included a substantial control premium and was therefore greater than the fair market
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| | 4. Divorce Source: EVIDENTIARY ISSUES INVOLVING VALUATION
A recent South Carolina case makes several points of nationwide interest involving valuation of marital property. The case is Bowers v. Bowers, ___ S.C. ___, 561 S.E.2d 613 Ct. App. 2002.Valuation of the Marital Home
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| | 5. Divorce Source: CIVIL SERVICE PENSION DATE OF VALUATION
Where the wife is entitled to one-half of her husbands civil service pension, her share should be valued as of the date the couple entered into their divorce agreement rather than on the date of the husbands death.
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| | 6. Divorce Source: DIVISIBLE PROPERTY - DATE OF VALUATION
NORTH CAROLINA - Edwards v. Edwards, ___ N.C. App. ___ , 566 S.E.2d 847 2002. The trial court erred by valuing the marital estate as of the date of separation. The statutory concept of divisible property requires the court to also value the parties property as of the date of distribution.
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| | 7. Divorce Source: VALUATION OF PENSION, 401k, AND IRA
The husband argued that the lower court erred in valuing his pension, 401k, IRA, and other property. MacGibbon v. MacGibbon, No. 46304-7-I, 2001.WA.0001755 Wash. Ct. App. Dec. 10, 2001.
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| | 8. Divorce Source: BUSINESS VALUATION
MONTANA: In re Marriage of Hollow, 2001 MT 308, 2001.MT.0000414 Mont. Dec. 31, 2001. The question presented here was whether the lower court erred by assigning no value to the couple
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| | 9. Divorce Source: COMPANY VALUATION AND DEFERRED COMPENSATION PLANS
In this case, the couple married on February 27, 1988, separated on August 17, 1995, and divorced on December 19, 1996. The couple had two children born within the marriage. Before the marriage, the husband had worked as an insurance agent. Shortly after the marriage, however, the husband became an
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| | 10. Divorce Source: STOCK IN FAMILY CORPORATION
The wife argued that the trial court erred in not granting her a perfected security interest in the stock of a family corporation. The couple here had a long-term marriage: 38 years. The husband graduated from high school, but the wife did not complete high school.
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