Marhoum v. Fekkak

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August 19, 2025

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marital dissolution/divorce
buyout, intrinsic value, equitable distribution, separate property, burden of proof, marital property, trial court
Marhoum v. Fekkak
2025 Va. App. LEXIS 477; 2025 LX 346582; 2025 WL 2393083
US
State Court
Virginia
Court of Appeals
Mark Vogel, CPA
Ortiz, Raphael, Annunziata

Summary

Virginia continues to apply the intrinsic value standard for equitable distribution cases rather than fair market value. The case reaffirmed that the burden of proof shifted once the nonowner spouse showed contributions and an increase in value. Also, the court accepted an income approach valuation that excluded debt (the EIDL loan) because the expert testified that the income method did not require adjusting for it.
Marhoum v. Fekkak
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See Also

Intrinsic Value and Marital Contributions: Virginia Court Affirms $800,000 Valuation of Closely Held Business in Equitable Distribution

Court Case Digests
August 19, 2025

Virginia continues to apply the intrinsic value standard for equitable distribution cases rather than fair market value. The case reaffirmed that the burden of proof shifted once the nonowner spouse showed contributions and an increase in value. Also, the court accepted an income approach valuation that excluded debt (the EIDL loan) because the expert testified that the income method did not require adjusting for it.