Tax Consequences Will Not Be Considered If No Evidence Presented at Trial
The issue in this marital dissolution appeal was whether the trial court erred in failing to consider tax consequences that would result from the property division. Facts The parties ...
Wife entitled to share of appreciation in value due to active involvement
The issues in this case were (1) whether the trial court erred in determining that a portion of the appreciation on husband's premarital partnership interests was marital property subject to equitable division; and (2) the amount of appreciation of the husband's partnership interests.
Disinterested expert's conclusions more credible and supported by evidence
This is an appeal from a marital dissolution action.
Alongi v. Alongi
The issue in this marital dissolution appeal was whether the trial court erred in failing to consider tax consequences that would result from the property division.
Elman v. Elman
The issues what portion of the appreciation on husband's premarital partnership interests was marital property and the amount of appreciation of the husband's partnership interests.
Olmstead v. Olmstead
Issue was the valuation of several businesses owned by the parties, and whether the trial court properly accepted the testimony of wife's expert.
Tax Court Bemoaned Lack of Expert Testimony
The Tax Court considered whether the compensation a holding company paid to its shareholder, a husband and wife, was reasonable and deductible under IRC Sec. 162.
Metro Leasing and Development Corporation, East Bay Chevrolet Company v. CIR
The Tax Court considered whether the compensation paid by a holding company to its shareholder, a husband and wife, was reasonable and deductible under IRC Sec. 162.
Estate of Hoffman v. Commissioner
At issue is the fair market value of property interests held by decedent at the time of her death.
Appraisers Apply Myriad of Valuation Techniques to Various Estate Holdings
Marcia Hoffman's (decedent) estate held a 27.5% interest in Clubside Partnership, which was family owned.
James J. Crossetto v. Laurel E. Crossetto
The Washington Court of Appeals, Division II, affirmed the lower court's decision valuing an appraisal business at the value of its physical assets exclusive of goodwill. It stated that a finding of goodwill should consider the Fleege factors which includ ...
A Finding of Goodwill Must Be Supported
The Washington Court of Appeals, Division II, affirmed the lower court's decision valuing an appraisal business at the value of its physical assets exclusive of goodwill.
Ward v. Ward
At issue is the valuation of couple's maritial property.
Imperatore v. Imperatore
At issue is the valuation of husband's interest in a family partnership and real estate partnership.
Imperatore v. Imperatore
The court accepted the husband's valuations for two real estate partnerships in which the husband held minority interests.
In re Marriage of Simonsen
At issue is the valuation of husband's net income, non-marital assets, and the dissipation of marital assets.
Business Value Dramatically Changes Between Valuation Date and Date of Final Distribution
In this case, the value of the parties' one-third interest in a partnership increased drastically following the valuation date.
Linda Janiece Wright-Miller v. Harvey Granville Miller
The Tennessee Court of Appeals reversed the lower court's decision denying the wife a share in the appreciation of the husband's business.
A Increase in Value During the Marriage Due Solely to the Consolidation of Two Separate Property Businesses May Be Marital Property
The Tennessee Court of Appeals reversed the lower court's decision denying the wife a share in the appreciation of the husband's business.
Young v. Commissioner
Respondent determined an estate tax deficiency of $154,545.
Estate of Young v. Commissioner
Issues were whether properties were joint or community property, whether a marketability or fractional interest discount was applicable.
Rosalyn Kaplus v. First Continental Corporation, et al.
The Florida Court of Appeals for the Third District reversed the trial court and permitted a wife bring a derivative suit against the corporations operated by her former husband and his partners for the payment of excessive compensation. She received the ...
Former Wife Permitted to Bring Derivative Suit Against Ex-Spouse’s Corporation
The Florida Court of Appeals for the Third District reversed the trial court and permitted a wife bring a derivative suit against the corporations operated by her former husband and his partners for the payment of excessive compensation. She received the ...
Minority Shareholder Retains Rights Until Legal Title Is Relinquished
Minority shareholder (Plaintiff) was employed by Drever Partners Inc., a closely held company, and later became the chief operating officer of the company.
Tax Court Disallows Discount for Built-In Capital Gains
Respondent alleges deficiencies in petitioner's federal gift taxes owed for the years 1991, 1992, and 1993.