Trajectory of Owner’s Investment Management Business Raises Characterization and Valuation Issues

BVLaw
Court Case Digests
December 20, 2019
6282 Investment Advice
523930 Investment Advice
marital dissolution/divorce
expert testimony, appreciation, separate property, community property

Papin v. Papin
2019 Ida. LEXIS 240; 2019 WL 6974276
US
State Court
Idaho
Supreme Court of Idaho
David M. Smith (husband/appellant); Terri R. Gazdik (wife/appellee)
Moeller

See Also

Papin v. Papin

High court upholds classification and valuation of husband’s investment management business, noting business consists of book of business, which can exist without owner, and owner’s skills and expertise, which are his separate property; proceeds from sale of book of business are community property.