U.S. Supreme Court Affirms Inclusion of Corporate-Owned Life Insurance in Value of Company for Estate Tax Purposes

by rob | Oct 21, 2025 | Court Rulings, Valuations

Connelly v. United States, 2024  The U.S. Supreme Court took on this case because of a split between two circuit courts. In the first case, Blount v. Commr., the 11th Circuit Court of Appeals reversed the Tax Court and excluded the insurance proceeds that accrued as a...

Massachusetts Appellate Court Finds Double and Maybe Triple Dipping and Reverses and Remands

by rob | Oct 8, 2025 | Court Rulings, Valuations

Trethewey v. Trethewey, 2024 Overview. The judge awarded $1.7 million to Rosalia from the Wells Fargo account because the money transferred to her should not have been considered as a marital asset free from its liability. (Editor’s note: It was an account holding...

Iowa Appellate Court Affirms Date of Value and Value of Farming Operation in Shareholder Oppression Suit

by rob | Sep 23, 2025 | Court Rulings, Valuations

Walker v. Daniels, 2024 This was an Iowa appeal of a trial court decision of an oppression suit filed by two sisters who were minority shareholders in a family farming operation. This was a dispute between three brothers and their two sisters over their family farming...

New York Appellate Court Affirms Award of 20% of Appreciation of Business During Marriage to Wife and Awards Maintenance to Wife

by rob | Sep 10, 2025 | Court Rulings, Valuations

Rigas v. Rigas, 2024 The judgment of the Supreme Court was appealed on this New York divorce case to the New York Court of Appeals. The appeals court affirmed the award of 20% of the during-marriage appreciation of the husband’s business, ARC Electrical &...

Expert’s Testimony Is Excluded as to Solvency—Adjustments to the Balance Sheet of Debtor Were Inappropriate

by rob | Aug 8, 2025 | Court Rulings, Valuations

Wee v. Yangzhou Putian Shoemaking Co. (In re Unimex Corp.), 2024 “An expert’s report on debtor’s insolvency was excluded under Fed. R. Evid. 702 because the expert’s 50 percent discount of inventory value was a flawed assumption given that the debtor was not being...