Florida Rules on Inclusion of Corporation’s Retained Earnings in Income for Support Purposes

Business Valuation Update BVLaw
Legal and Court Case Update
September 15, 2005
marital dissolution/divorce

Sherry Palicte Zold v. John F. Zold (Zold II)
No. SC04-1858 (Fla. 2005)
US
State Court
Florida
Supreme Court
Amy Hamlin, Charles W. Willits, Norman D. Levin
Pariente

Summary

The Florida Supreme Court held that undistributed income in a pass-through business entity was not income available to the shareholder-spouse for support purposes unless the earnings were retained for improper purposes. It further held that the shareholde ...

See Also

Sherry Palicte Zold v. John F. Zold (Zold II)

The Florida Supreme Court held that undistributed income in a pass-through business entity was not income available to the shareholder-spouse for support purposes unless the earnings were retained for improper purposes. It further held that the shareholde ...