Tonya Andrews, As Admin. for the Estate of James Christopher Sprinkle & Jacob Colton Sprinkle a minor by next friend and Guardian Tonya Andrews v. Amy Sprinkle and Frank Wray

The basic issues in this appeal involve the valuation of a decedent’s business at the time of his death. After the decedent died, the decedent’s mother was appointed administratrix of his estate. She filed this lawsuit against the decedent’s wife and the decedent’s wife’s brother, alleging that they had wrongfully disposed of virtually all of the decedent’s property after his death, including his business assets, therebyrendering a proper administration of the estate extremely difficult if not impossible. Following a four-day bench trial, the trial court concluded that the defendants had wrongfully taken possession of the decedent’s business assets and converted them to their own personal use. Relevant to this appeal, the court valued the decedent’s business at $75,000, and it held that the defendants were jointly and severally liable to the estate for that amount. The defendants appeal, challenging only the amount of damages awarded by the trial court for the value of the business.  After a careful review of the record, we affirm