Use of Salary Figure Greater Than Actually Received by Owner Spouse Accepted

Business Valuation Update BVLaw
Legal and Court Case Update
October 19, 2005

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7389 Business Services, NEC
446120 Cosmetics, Beauty Supplies, and Perfume Stores
marital dissolution/divorce
Deane Krakower v. Tami Krakower
No. 4D04-5063 (Fla. 4 DCA 2005)
US
State Court
Florida
Court of Appeals
Nancy A. Hess, Terrence P. O'Connor
Warner

Summary

The Florida Court of Appeals, Fourth District affirmed the valuation of a cosmetics corporation.

See Also

Deane Krakower v. Tami Krakower

Full Text of Court Cases
October 19, 2005

The Florida Court of Appeals, Fourth District affirmed the valuation of a cosmetics corporation. The valuation was performed using a capitalization of income approach. Under this approach the court adopted a salary figure for the operating spouse substant ...