Opinion ID: 1691541
Heading Depth: 1
Heading Rank: 6

Heading: valuation of angus bull

Text: Next, appellant assigns as error the district court's valuation of an Angus bull which was part of the marital estate. Half of the animal was owned jointly by the parties, and half was owned by appellee's father. Appellant argues that his interest in the animal was valued at the sale price of $525, when it should have been valued at $1,615 based upon a tax valuation from the Seward County assessor's office. The sale of the animal took place at a recognized sale barn at a time when breeding stock was normally sold. The sale was properly advertised, and an auctioneer testified that the sale price represented the fair market value of the animal. The district court's determination of this value was not clearly erroneous. See Lockwood v. Lockwood, 205 Neb. 818, 290 N.W.2d 636 (1980).