Valuation Within Range of Expert Testimony Upheld

Business Valuation UpdateVol. 9 No. 10
Legal and Court Case Update
October 2003
1731 Electrical Work
238210 Electrical Contractors and Other Wiring Installation Contractors
marital dissolution/divorce
marital dissolution

Scheppelmann v. Scheppelmann
2003 Mich. App. LEXIS 1138
May 15, 2003
State Court
Court of Appeals
David Layton, CPA (for wife); Elbert D. Purdom, CPA (for husband)
Per Curiam


Husband received Scheppelmann Electric as a gift from his father about two years after the parties were married.

See Also

Scheppelmann v. Scheppelmann

Issue was whether wife was entitled to a share of appreciation in value of husband's separate business received as a gift during marriage.