Appreciation of Real Estate: What Is “Substantial Contribution” in Tennessee Divorce Law?
Classification of Real Estate in Tennessee Divorce Law: Marital or Separate Property? Appreciation of Real Estate: What Is a “Substantial Contribution”? When two parties divorce in Tennessee, real estate acquired before the marriage is considered separate property. The appreciation of separately owned real estate also remains separate property unless the non-owning spouse can prove to the court […]
Read More»Funeral Home Valued | TN Business Valuation Divorce Case
Tennessee business valuation law case summary – funeral home. Tennessee divorce and family law from the Tennessee Court of Appeals. Erwin v. Erwin, 1988 WL 27249 (Tenn. Ct. App. Mar. 25, 1988). Frances and Robert Erwin were married in 1958. In 1967, the husband, along with partner J.W. Carr, purchased the stock of a funeral […]
Read More»Optometrist Practice Becomes Marital Property w/ Wife’s Contributions
Tennessee business valuation law case summary – Optometrist. Tennessee divorce and family law from the Tennessee Court of Appeals. Bacigalupo v. Bacigalupo, No. W2003-01578-COA-R3-CV (Tenn. App. October 4, 2004). An optometrist, Mr. Bacigalupo (“Mr. B.”), filed for a divorce from Mrs. Bacigalupo (“Mrs. B”), citing inappropriate marital conduct and irreconcilable differences. Mrs. B. counterclaimed, stating she […]
Read More»4 Factors How to Divide Marital Debts in Tennessee Divorce
- At September 10, 2012
- By Miles Mason
- In Property Division
- 2
Tennessee law case summary on property and debt division in Tennessee divorce and family law from the Supreme Court of Tennessee. Alford v. Alford, 120 S.W.3d 810, No. E2001-02361-SC-R11-CV (Tenn. 2003). As the Supreme Court of Tennessee noted at the beginning of its opinion, Mr. and Mrs. Alford had an unusual marital history: they married on November […]
Read More»Blasingame Case Sets Standards for TN Business Valuation
Tennessee business valuation law case summary. Tennessee divorce and family law from the Supreme Court of Tennessee. Author’s note: Blasingame marked the beginning of the modern era in Tennessee business valuation law. Most cases cite Blasingame for its basic analysis of Tennessee law. Blasingame v. American Materials, 654 S.W.2d 659, 35 UCC Rep.Serv. 1610, 36 UCC […]
Read More»Mobile Homes Co. Valued | Marketability Discount Discounted
Tennessee business valuation law case summary. Tennessee divorce and family law from the Tennessee Court of Appeals. Anderson v. Anderson, No. E2005-02110-COA-R3-CV (Tenn. App. Sept. 5, 2006). Tennessee Business Valuation Law: Mobile Homes In granting Thomas and Dimple Mae Anderson’s divorce, the trial court in Monroe County made valuations on the marital property. Mrs. Anderson disagreed […]
Read More»Valuing a Dental Practice Under Tennessee Divorce Law
Appraisal of a dental practice is best performed by an experienced valuation professional. Dividing the value of a dentist’s dental practice in a Tennessee divorce begins with hiring an expert experienced with professional practices. If one party to a divorce owns a dental practice, Tennessee courts often place a value on the practice. The court then […]
Read More»How to Divide Dental Practices When Tennessee Dentists Divorce
Dividing dental practice value when a Tennessee dentist divorces. In Tennessee divorce law, the value of a dentist’s dental practice can be determined and valued. When dentists divorce in Tennessee, courts examine a number of factors in determining how to divide the marital estate. Some factors the court will consider include the age and health […]
Read More»Transmutation Does Not Include Joint Tax Return Refund in Tennessee
Tennessee law case summary for transmutation and prenuptial agreements in Tennessee family law from the Tennessee Court of Appeals. The Estate of Noel C. Hunt v Trisha L. Jolley Hunt In the case of Noel C. Hunt and Trisha L. Jolley Hunt, the wife claimed that she should have received a portion, if not all, of the tax refunds […]
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