Stephen v. Stephen

Wife filed for divorce from Husband. The parties reached a settlement agreement as to child custody and visitation but were unable to agree concerning child support and the division of property. After a trial, the district court entered a decree dividing the marital property. Husband appealed, arguing that the district court abused its discretion in valuing his interest in the family business and requiring him to make a lump sum payment to Wife. The Supreme Court affirmed, holding that the district court did not abuse its discretion in ordering Husband to pay the amount owed to Wife in a lump sum and in accepting the capitalization of earnings method for valuing the business. View "Stephen v. Stephen" on Justia Law