Appellate Court Reversed Decision and Treated All Goodwill as Enterprise Goodwill Includable in the Marital Estate

BVLaw
Court Case Digests
March 9, 2022

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8021 Offices and Clinics of Dentists
621210 Offices of Dentists
marital dissolution/divorce
goodwill, enterprise goodwill, dental practice valuation, marital asset, marital estate, equitable distribution, marital property, alimony, retiring, covenant
Bostick v. Bostick
2022 S.C. App. LEXIS 33
US
State Court
South Carolina
Court of Appeals
Konduros, J., Hewitt, J., concurs. Hill, J., concurring in part and dissenting in part.

Summary

The South Carolina Court of Appeals, in this divorce case, reversed the family court and included all goodwill of a dentistry practice as enterprise goodwill includable in the marital estate. The family court had included all of the goodwill as personal goodwill not part of the marital estate. The Court of Appeals also reduced the temporary monthly alimony.

See Also

Bostick v. Bostick

Full Text of Court Cases
March 9, 2022

The South Carolina Court of Appeals, in this divorce case, reversed the family court and included all goodwill of a dentistry practice as enterprise goodwill includable in the marital estate. The family court had included all of the goodwill as personal goodwill not part of the marital estate. The Court of Appeals also reduced the temporary monthly alimony.

This article also appears in:
Business Valuation UpdateVol. 28 No. 6