Thursday, May 7, 2015
Divorce Valuation Dates
Valuation dates in divorce is getting to be the hot button issue currently in family law matters. On Tuesday, the Mississippi Court of Appeals decided McKissack v. McKissack located here. The case had originally been remanded due to a CD being ruled to be separate property. On remand, the chancellor used the original valuation dates from trial and ruled that any accumulation or debt since the divorce was separate property. The Court of Appeals affirmed this. To me, this is the area where getting some detailed charts can save a client a lot of money potentially.