Goodwill, Appraiser Preparedness Take Center Stage in Valuation of Insurance Agency

While the debate and jurisdictional divide of whether personal goodwill, enterprise goodwill or both should be subject to division in divorce cases, Louisiana places itself firmly in one camp with this latest decision to focus on the distinction. Experts differ substantially on goodwillAfter 35 years of marriage, the Stathams filed for divorce. The main issue in dispute was the value of the husband s business, an established insurance brokerage company. Both parties presented expert valuation testimony at ...