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IN RE MARRIAGE OF CUTLER

No. 5-01-0347.

778 N.E.2d 762 (2002)

334 Ill. App.3d 731

268 Ill.Dec. 496

In re MARRIAGE OF Susan CUTLER, Petitioner-Appellee, and David E. Cutler, Respondent-Appellant.

Appellate Court of Illinois, Fifth District.

October 22, 2002.

Attorney(s) appearing for the Case

John J. Kurowski, William D. Shultz, Jr., Kurowski, Bailey & Shultz, Swansea, for Appellant.

Rhonda D. Fiss, Belleville, for Appellee.

Justice CHAPMAN delivered the opinion of the court:

Susan Cutler filed an action for dissolution of marriage against her husband of approximately 20 years, David E. Cutler. After a trial, the court entered a judgment on all remaining issues. One issue was the determination of the value of David's business, the Cutler Insurance Agency (Cutler). The court valued the business at $243,000 by applying a form of the "income approach" method of valuation. This figure was...

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