Page 10 - Family Law Services
P. 10
Fair Value...................................................................................................................................................... 43
Valuation Premises, Approaches, and Methods ............................................................................................... 43
Asset-Based Approach .................................................................................................................................. 44
Income-Based Approach ............................................................................................................................... 44
Market-Based Approach ............................................................................................................................... 45
Compensation ................................................................................................................................................... 46
Goodwill ........................................................................................................................................................... 47
Separate Property Issues and Active Passive Appreciation During the Marriage ............................................ 48
Buy-Sell Agreements and Covenants Not to Compete ..................................................................................... 48
Discounts and Premiums................................................................................................................................... 48
Professional Designations ................................................................................................................................. 49
Professional Standards ...................................................................................................................................... 49
Chapter 7 — Support ............................................................................................................................................ 51
Determination of Income .................................................................................................................................. 51
Child Support .................................................................................................................................................... 52
Child Support Guidelines .............................................................................................................................. 52
Imputation of Income .................................................................................................................................... 53
Deviation From Guidelines ........................................................................................................................... 53
Spousal Support Recharacterized as Child Support .......................................................................................... 53
Determining Spousal Support Awards.............................................................................................................. 54
Types of Spousal Support ................................................................................................................................. 54
Temporary ..................................................................................................................................................... 55
Permanent ..................................................................................................................................................... 55
Rehabilitative ................................................................................................................................................ 55
Reimbursement ............................................................................................................................................. 55
Limited Duration ........................................................................................................................................... 55
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