Stock appreciation held separate property due to passive growth

Business Valuation UpdateVol. 9 No. 7
Legal and Court Case Update
July 2003
4213 Trucking, Except Local
484121 General Freight Trucking, Long-Distance, Truckload
marital dissolution/divorce

Congdon v. Congdon
40 Va. App. 255, 578 S.E. 2d 833, 2003 Va. App. LEXIS 192
April 8, 2003
US
State Court
Virginia
Court of Appeals
William K. Stephens, III, CPA (for wife); Robert Raymond, CPA/ABV (for husband)
Kelsey

Summary

The issue in this marital dissolution was whether the trial court erred in determining that 90% of the appreciation in value of husband's separate property interest in his family's trucking ...

See Also

Congdon v. Congdon

Ninety percent of appreciation in value of husband's interest in family business found to be his separate property.