Non-Income-Producing Trust Is an Asset to Be Valued

Business Valuation Update BVLaw
Legal and Court Case Update
April 12, 1999
marital dissolution/divorce

Shirley J. Fox v. Abe L. Fox
1999 ND 68
US
State Court
North Dakota
Supreme Court
Sandstrom

Summary

The North Dakota Supreme Court concluded that disability payments received by a doctor were not marital property, rather they are considered income. It also reversed the trial court and determined that a non-income producing trust for the benefit of the ...

See Also

Shirley J. Fox v. Abe L. Fox

The North Dakota Supreme Court concluded that disability payments received by a doctor were not marital property, rather they are considered income. It also reversed the trial court and determined that a non-income producing trust for the benefit of the ...