The Stewart expert apparently conceded on cross exam he had “no idea” what component of the doctor’s excess earnings may have been attributable to his personal skills and what was attributable to the practice.  “To my knowledge, I do not think there has been a technique or a formula devised yet that does that.”   And according to the concurring opinion, trying to distinguish between the various attributes “does not make a good deal of sense.”

But now there’s MUM: the Multiattribute Model, which purports to make a methodology of the “morass”—and has been ratified by at least one court.  (In re Marriage of Alexander, Ill. App., Sept. 7, 2006, abstracted in the BVU and available at BVLaw). 

Does MUM make sense?  Check out the new software, developed by David Wood, CPA/ABV, CVA and currently offered by ValuSource, by clicking here.