Summary
A professional practice not established for a time sufficient for the existence of goodwill to be valued using capitalization of excess earnings. Wife's valuation upheld.
See Also
Excess earnings method preferred for medical practice valuation
One issue in this marital dissolution was the value of husband’s medical practice, Blue Ridge Pain Management and Palliative Care P.A.
Cross-Examination of Valuation Expert Considered
The North Carolina Court of Appeals affirmed the valuation of a medical practice, including goodwill, which was established using the capitalization of earnings method. It declined to consider tax consequences of a sale of the practice as a distribution f ...