Tax Effects Are Relevant to Equitable Distribution Analysis

Business Valuation UpdateVol. 23 No. 11
BVLaw Case Update
November 2017
4213 Trucking, Except Local
484230 Specialized Freight (except Used Goods) Trucking, Long-Distance
marital dissolution/divorce
expert testimony, income approach, asset approach, liquidation, equitable distribution, income tax, marital property, asset transfer

Carney v. Carney
2017 Pa. Super. LEXIS 509
July 11, 2017
US
State Court
Pennsylvania
Superior Court
David E. Coffman (business valuation, wife), Barry Rudiger (asset valuation, wife); unknown (husband)
Stevens

Summary

Reviewing court says in valuing owner spouse’s auto transport business and performing equitable distribution analysis, trial court erred when it refused to consider tax effects of potential sale of business before assigning asset to owner; case remanded.

See Also

Tax Effects Are Relevant to Equitable Distribution Analysis

Reviewing court says in valuing owner spouse’s auto transport business and performing equitable distribution analysis, trial court erred when it refused to consider tax effects of potential sale of business before assigning asset to owner; case remanded.