In the Matter of Marriage of Tofte and Tofte

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

• finding that it was proper to apply a lack of marketability discount regardless of whether husband intended to sell
• explaining a minority discount may be inappropriate when no sale of a minority share is imminent or planned
• marketability discount could have accounted for impaired marketability of minority shares or fact that shares were in family corporation
• trial court erred in failing to include annual bonus in its computation of the husband’s gross income
• In determining the fair market value of an interest in a closely held corporation, our inquiry focuses on the price that the hypothetical willing buyer would pay the hypothetical willing seller.
• explaining minority and marketability discounts

Source: CourtListener parenthetical corpus (CC0).