NACVA Exam CVA Topic 3 Question 58 Discussion

Actual exam question for NACVA's CVA exam

Question #: 58
Topic #: 3

[All CVA Questions]

Bishop and Schroeder make the point that lack of marketability discounts should be recognized, just as they are in Tax Court, because one spouse usually gets liquid assets while the other spouse lacks:

Athe mode of payment as it is the exchange of interests in the marital assets

BUnderlying principles that are much more consistent and broadly accepted

CSuch flexibility

DThe flexibility and safety of being able to ''cash out'' readily at the owner's option

Show Suggested Answer

Suggested Answer: D

by Samira at Oct 11, 2022, 05:28 AM

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Fatima

11 days ago

I believe option D makes sense, as having the flexibility to 'cash out' easily can be crucial in divorce settlements.

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Skye

12 days ago

I agree with you, Blossom. It's important to consider the financial implications for both spouses.

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Blossom

14 days ago

I think lack of marketability discounts should be recognized in divorce cases.

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