Opinion ID: 878869
Heading Depth: 1
Heading Rank: 2

Heading: Valuation of Stocks

Text: The appellant also contends that the District Court erred in its valuation of the stock. The District Court valued the inherited stock at $60,500. Both parties submitted affidavits to the court listing their assets and liabilities. Both parties valued the stock in their affidavits at $60,000. At trial, appellant testified the stock was worth approximately $54,000 to $55,000. In his proposed findings of fact, respondent valued the stock at $60,497.45. In an affidavit submitted to the court after judgment was rendered, appellant stated the stock had declined in value to $48,000. Clearly, the value of stock is subject to fluctuation. The trial judge is free to select the value he wishes, so long as there is substantial credible evidence to support the value he selects. In re the Marriage of Glass (Mont. 1985), 697 P.2d 96, 42 St.Rep. 328. Therefore, the trial judge did not err when he adopted the value respondent placed on the stock. We affirm the valuation of the inherited stock by the trial judge.