Expert Testimony Required to Show Appreciation of Separate Property Business Was Active Appreciation

Business Valuation Update BVLaw
Legal and Court Case Update
November 11, 2006

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marital dissolution/divorce
William L. Odom v. Carey P. Odom
No. S-11905 (AK 2006)
US
State Court
Alaska
Supreme Court
Bruce A. Bookman, Peter J. Maassen
Ronald E. Greisen, CPA, Richard Parks, T.S. Leung
Fabe

Summary

The Alaska Supreme Court determined that appreciation in a separate property business was not marital property where the non-propertied spouse failed to present any expert testimony establishing that the business in fact appreciated during the marriage.

See Also

William L. Odom v. Carey P. Odom

Full Text of Court Cases
November 11, 2006

The Alaska Supreme Court determined that appreciation in a separate property business was not marital property where the non-propertied spouse failed to present any expert testimony establishing that the business in fact appreciated during the marriage.