Discounts in Estate Tax Valuation Do Not Apply in Divorce

Business Valuation UpdateVol. 18 No. 1
Legal and Court Case Update
January 2012

Access the Full Article

This article is available with a subscription to any of these products:
Already a subscriber?  Login
This article is also available for purchase. (947 words)   Add to Cart >>
Need help? Contact us:
1-503-479-8200 ext 2 or sales@bvresources.com
6519 Lessors of Real Property, NEC
531120 Lessors of Nonresidential Buildings (except Miniwarehouses)
marital dissolution/divorce
discount for lack of control (DLOC), discount for lack of marketability (DLOM), minority interest
Short v. Short
2011 WL 5057209 (Mo. App. E.D.)
October 25, 2011
US
State Court
Missouri
Court of Appeals
unnamed
Sullivan

Summary

Appraisal used in estate tax valuation, which included substantial discounts for lack of marketability and control, were inappropriate for use ten years later in divorce.

See Also

Short v. Short

Full Text of Court Cases
October 25, 2011

Appraisal used in estate tax valuation, which included substantial discounts for lack of marketability and control, were inappropriate for use 10 years later in divorce.