Dental Practice Does Not Have Goodwill

Business Valuation UpdateVol. 18 No. 1
Legal and Court Case Update
January 2012
8021 Offices and Clinics of Dentists
621210 Offices of Dentists
marital dissolution/divorce
goodwill

In re Marriage of Ferkel
2011 Ill. App. Unpub. LEXIS 2689
November 3, 2011
US
State Court
Illinois
Court of Appeals
Mark Peterson (wife); Henry Hemmen (husband)
Wright

Summary

The appellate court affirmed $42,000 valuation of the wife’s solo dental practice and rejected approach by the husband’s expert, which included “goodwill and other irrelevant factors.”

See Also

In re Marriage of Ferkel

The appellate court affirmed $42,000 valuation of the wife's solo dental practice and rejected approach by the husband's expert, which included "goodwill and other irrelevant factors."