North Carolina Appellate Court Affirms Trial Court Appeal of Valuation of Businesses Divorce
The appellant in this case, the wife, appealed the trial court order for equitable distribution and alimony. The crux of the issues revolved around the values and date of value of two businesses owned by the parties and awarded to the husband in the distribution order. The appellate court affirmed the lower court’s orders.
Marshall v. Marshall (I)
Appeals court says parties’ agreement is ambiguous as to whether distributions related to husband’s ownership in S corp. are includable in alimony and child support calculation; on remand, trial court must determine what income parties meant when specifying use of pretax income from employment.
Courts Agree Reasonable Compensation Is Sound Method for Calculating Spousal Support in S Corp Context
Appeals court says parties’ agreement is ambiguous as to whether distributions related to husband’s ownership in S corp. are includable in alimony and child support calculation; on remand, trial court must determine what income parties meant when specifying use of pretax income from employment.
Mahoney v. Mahoney
Although a spouse’s professional degree is not property that is subject to marital distribution, the non-owner spouse may have claim to reimbursement alimony ...