Business Interest and Owner’s Draw Account Are Separate Assets

Business Valuation Update BVLaw
Legal and Court Case Update
June 24, 2003
marital dissolution/divorce

Nasrin Tauk v. Nabil Tauk
No. ED80788 (Mo. App. 2003)
US
State Court
Missouri
Court of Appeals
Norton

Summary

The Missouri Court of Appeals, Eastern District, reversed a property distribution which awarded the husband his interest in a medical practice.

See Also

Nasrin Tauk v. Nabil Tauk

The Missouri Court of Appeals, Eastern District reversed a property distribution which awarded the husband his interest in a medical practice. The court found the husband held a draw account having substantial value through the practice, which was funded ...