Proceeds of a Business Sale Are Not Income for Support Purposes

Business Valuation Update BVLaw
Legal and Court Case Update
June 7, 2007
State Court
California
Court of Appeals

Summary

The California Court of Appeals concluded that the value of restricted stock and cash received in connection with the sale of a business should not be included in the computation of a payor’s income for child support purposes except to the extent that the ...

See Also

In re the Marriage of Irwin R. Pearlstein v. Julie Pearlstein

The California Court of Appeals concluded that the value of restricted stock and cash received in connection with the sale of a business should not be included in the computation of a payor’s income for child support purposes except to the extent that the ...