Sneed v. Sneed

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May 7, 2024
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marital dissolution/divorce
expert witness, goodwill, divorce, enterprise goodwill, personal goodwill, calculation of value, child support, marital estate, equitable distribution, marital property, enterprise, trial court

Sneed v. Sneed
2024 N.C. App. LEXIS 391; 2024 WL 2002778
US
State Court
North Carolina
Court of Appeals
Greg Reagan, CPA/ABV
Hampson, Carpenter, Gore

Summary

In this North Carolina appellate divorce case, the court affirmed the trial court decisions, including the determination of value of the husband’s law firm interest. The witness for the wife, who was originally a court-appointed expert, testified as to the value of the law practice and included his analysis of personal-versus-entity goodwill. Both courts included all goodwill in the marital estate as per North Carolina case law. The expert witness apparently submitted a calculation of value for his testimony.
Sneed v. Sneed
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See Also

North Carolina Court of Appeals Affirms Trial Court as to Inclusion of Personal Goodwill

In this North Carolina appellate divorce case, the court affirmed the trial court decisions, including the determination of value of the husband’s law firm interest. The witness for the wife, who was originally a court-appointed expert, testified as to the value of the law practice and included his analysis of personal-versus-entity goodwill. Both courts included all goodwill in the marital estate as per North Carolina case law. The expert witness apparently submitted a calculation of value for his testimony.