Owner’s Long Hours Do Not Overcome the Presumption That Appreciation in Separate Property Is Marital Property

Business Valuation Update BVLaw
Legal and Court Case Update
June 27, 2000
marital dissolution/divorce

John E. Clark v. Linda J. Clark
No. 0827-99-2 (VA App. 2000)
US
State Court
Virginia
Court of Appeals
Benton, Jr.

Summary

The Virginia Court of Appeals affirmed the commissioner's characterization of appreciation of the husband's separate property business as separate property.

See Also

John E. Clark v. Linda J. Clark

The Virginia Court of Appeals affirmed the commissioner's characterization of appreciation of the husband's separate property business as separate property. It noted that while the husband worked long hours, the business appreciated by only 5% per year a ...