Expert Opinion - Marital Dissolution

Stout was engaged to perform business valuations of a taxi cab company and two taxi cab insurance companies that were started by the husband, prior to a 25-year marriage. We performed both a current valuation and a valuation at the date of marriage. We then performed an analysis of the active/passive appreciation in the companies during the marriage. We were able to show that a large portion of the increase in value was due to the personal efforts of the husband. In addition, we performed a forensic accounting analysis of the income of the taxi cab company. Our analysis showed that over $1 million in revenues from the rental of the taxi cab medallions was not being reported annually. Our forensic accounting analysis facilitated obtaining a favorable settlement for the client.

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