Florida’s Proposed Change to Goodwill Could Set a Precedent

Business Valuation UpdateVol. 27 No. 10
October 2021
Thomas Gillmore, CPA/ABV, CFF, CFE
Richard West, Esq
Bruce Parisi, ASA, ARM
marital dissolution/divorce
goodwill, enterprise goodwill, income approach, personal goodwill, asset approach, marital asset, alimony


The Family Law Section of the Florida Bar is proposing legislation to clarify the value of goodwill in the marital interest of closely held businesses. The authors envision that this proposed legislation could set a precedent for future family law matters throughout the United States.