Court Distinguishes Between Goodwill and Trail Income in Solo Practice Valuation

Business Valuation UpdateVol. 23 No. 4
BVLaw Case Update
April 2017

Access the Full Article

This article is available with a subscription to any of these products:
Already a subscriber?  Login
This article is also available for purchase. (434 words)   Add to Cart >>
Need help? Contact us:
1-503-479-8200 ext 2 or sales@bvresources.com
6282 Investment Advice
523930 Investment Advice
marital dissolution/divorce
goodwill, child support, professional practice, equitable distribution, sole proprietorship, valuation methods, double counting, marital property, valuation
Fuller v. Fuller
2016 Tenn. App. LEXIS 974
December 21, 2016
US
State Court
Tennessee
Court of Appeals
Ken Jones (joint)
Frierson, II

Summary

Professional practice, sole proprietorship, goodwill, valuation, marital property, equitable distribution, valuation method, income, child support, double counting ...

See Also

Court Distinguishes Between Goodwill and Trail Income in Solo Practice Valuation

Court Case Digests
December 21, 2016

Appeals court says trail income generated by solo financial planning practice is different from professional goodwill; it can be sold separately or assigned, and there exists a formula for valuing it; trial court was right to consider it a marital asset.