HB348 — Divorce, Annulment and Alimony - As enacted, requires courts in making equitable division of marital property to consider all relevant evidence, including valuation methods typically used with regard to such assets without regard to whether the sale of the asset is reasonably foreseeable, in determining the value of an interest in a closely held business or similar asset. - Amends TCA Title 36, Chapter 4.

HB348 — Divorce, Annulment and Alimony - As enacted, requires courts in making equitable division of marital property to consider all relevant evidence, including valuation methods typically used with regard to such assets without regard to whether the sale of the asset is reasonably foreseeable, in determining the value of an interest in a closely held business or similar asset. - Amends TCA Title 36, Chapter 4. · Informed CitizenryHB348 amends Tennessee Code Annotated Title 36, Chapter 4, regarding the equitable division of marital property. The bill requires that when determining the fair market value of a party's interest…Open in Informed Citizenry