Valuation of company based on liquidation approach in order to determine value of wife’s stock was not warranted; because the company was not for sale and was not being liquidated at the time of trial, using the liquidation approach and applying the fast sale discounts resulted in a lower valuation than one would otherwise obtain.
Laura Morgan is a Family Law Consultant. Laura is available for consultation, brief writing and research on family law issues throughout the country. She can be reached through her Web site.
Reprint with permission.