Betty Beebalm is your client. She comes to you with a dilemma. She and her husband, Barney Beebalm, were married in 2003. At the time they married, they started an antiques business together. At first the business was operated as a partnership. But as it grew and grew, the Beebalms decided to incorporate. Betty comes from a very wealthy industrial family. The 1000 shares of stock of Beebalm Antiques, Inc. were issued 50 percent each to Barney and Betty. In 2011, Betty fell in love with Fred Ferncliff. She is in the process of divorcing Barney and the divorce will be final in 2013. Betty would like to cash out her share of the antique business and would like to know the tax consequences to her if she receives cash in exchange for her 500 shares in Beebalm, Inc. The value of the business has substantially increased over the years thanks to the hard work of both Beebalms. The Beebalms did have one child of their marriage, Honey, who is a six year old little girl. Betty is not asking for alimony, but she would like child support.

What question is Betty asking you, the researcher, to answer? Provide a summary of the relevant facts of the case given the question Betty has asked you to answer. Can you think of any questions you would ask of Betty to elicit additional useful facts?