In a recent divorce case, In re Riddle, the Court of Appeals of Arizona, Division 1, vacated the trial court’s ruling regarding the value of a business interest owned by the wife. Why? In a nutshell, the husband’s expert valued the business based on past earnings, but “there was no evidence that similar earnings would continue” in the future.
Learn more about this topic by Douglas Sosnowski, ASA, as seen on Briscon.com.
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