Marital CD Is Not Squandered When Invested in Marital Business

Business Valuation Update BVLaw
Legal and Court Case Update
January 5, 1999

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marital dissolution/divorce
Cheryl D. Gerstner v. Kevin D. Gerstner
No. 55278 (MO App. 1999)
US
State Court
Missouri
Court of Appeals

Summary

The Missouri Court of Appeals reversed the lower court's valuation of a certificate of deposit (CD). The CD was cashed in, used to retire marital debt and the remainder used in the husband's business prior to the divorce. The lower court valued the CD as ...

See Also

Cheryl D. Gerstner v. Kevin D. Gerstner

Full Text of Court Cases
January 5, 1999

The Missouri Court of Appeals reversed the lower court's valuation of a certificate of deposit (CD). The CD was cashed in, used to retire marital debt and the remainder used in the husband's business prior to the divorce. The lower court valued the CD as ...