SB424 — 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.

SB424 — 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 CitizenryThis bill amends Tennessee Code Annotated Title 36, Chapter 4, regarding the equitable division of marital property. It requires that when determining the fair market value of a party's interest in…Open in Informed Citizenry