Valuing Shares for Equitable Distribution

In Family by GWAO

A recent case will impact how courts value shares for the purposes of equitable distribution and property division incident to separation and divorce.  In Gien v. Gien, evidence of the original cost of the parties’ shares in an Australian company was insufficient to show the value of those shares, especially due to evidence of the company’s significant loss of money.
If you have questions about Equitable Distribution (ED), contact our Greensboro Divorce Attorneys today for a consultation!
Garrett, Walker, Aycoth & Olson
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Garrett, Walker, Aycoth & Olson

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This article explains North Carolina law in general terms. It is not legal advice about your case, and laws, penalties and court procedures change. Contact an attorney about your specific situation.