Employment of Minority Owner Does Not Make Appreciation in Separate Property Ownership Interest Marital Property

Business Valuation Update BVLaw
Legal and Court Case Update
October 24, 2001

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marital dissolution/divorce
John J. Morgan v. Marlene A. Morgan
No. 01CA0017 (Ohio App. 9 Dist. 2001)
US
State Court
Ohio
Court of Appeals
Whitmore

Summary

The Ohio Court of Appeals found that the appreciation of a separate property business interest was not marital property even though the husband was employed by the company.

See Also

John J. Morgan v. Marlene A. Morgan

Full Text of Court Cases
October 24, 2001

The Ohio Court of Appeals found that the appreciation of a separate property business interest was not marital property even though the husband was employed by the company. The court found that since the husband was not responsible for the business’s succ ...