North Carolina Court of Appeals Affirms Trial Court as to Inclusion of Personal Goodwill

by rob | Jul 25, 2025 | Court Rulings, Valuations

Sneed v. Sneed, 2024 This case concerned the North Carolina appeal of a divorce decree by the trial court. The appellate court affirmed the decisions of the trial court and held that the trial court was within its discretion to accept the business appraiser’s...

U.S. Tax Court Allows a Charitable Contribution Deduction for a Land Easement But Also Applies a Gross Valuation Misstatement Penalty

by rob | Jul 2, 2025 | Court Rulings, Valuations

Buckelew Farm, LLC v. Comm’r, T.C. Memo 2024-52; 2024 The U.S. Tax Court, in this case, allowed a charitable deduction that the IRS had disallowed despite the fact that the conservation purpose was not preserved into perpetuity following a circuit ruling invalidating...

Appellate Court (Michigan) Orders a Second Remand to Value a Tax Loss Carryforward

by rob | Jun 18, 2025 | Court Rulings, Valuations

Correctly Cammenga v. Cammenga, 2024 This case was returned to the Court of Appeals in order for the court “to make necessary factual findings related to the value of a tax loss carryforward, to alleged violations of a status quo order, and to the court’s decision to...

North Dakota Supreme Court Affirms Choice of Wife’s Expert’s Value of Dental Practice

by rob | Jun 4, 2025 | Court Rulings, Valuations

Kemmett v. Kemmett, 2024 The Supreme Court of North Dakota reviewed the decree and decisions of the district court in this divorce action. The supreme court upheld the valuation of certain land as it was not clearly erroneous because it was within the range of...

Appellate Court (Ohio) Affirms Trial Court’s Acceptance of Husband’s Expert’s Value of Marital Business and Rejects Wife’s Expert’s Value

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

Granada v. Rojas, 2024-Ohio-1272; 2024 Adriana Granada appealed from the final decree following her divorce from Israel Rojas. The appellate court affirmed the decision of the trial court. Factual and procedural history.  In November 2020, Rojas filed for divorce...