CALIFORNIA FAMILY LAW
...Business Interests
......Valuation Issues
.........Factors to Consider/Elements
............Debts Related to Business
6 Cards On This Topic:

If activity which resulted in the obligation was for benefit of c/p, then it must be treated as c/p obligation.

S/P portion of debt to pension plan decreased value of business.

Value of business must be reduced by money owed to H and son for postseparation work.

Underfunded pension plan should be considered obligation of company when determining its value.

Money borrowed from business by party still an asset of business.

Contingent liabilities should be excluded from valuation unless expectancies of future income are included as well.