Asset Approach Avoids Double Counting of Future Earnings

Business Valuation UpdateVol. 21 No. 6
Legal and Court Case Update
June 2015
8042 Offices and Clinics of Optometrists
621320 Offices of Optometrists
marital dissolution/divorce
divorce, enterprise goodwill, income approach, asset approach, professional practice, future income, double counting

In re Mauer
2015 Iowa App. LEXIS 172
February 25, 2015
US
State Court
Iowa
Court of Appeals
Dennis Redmond (wife); Eric Engstrom (husband)
Doyle

Summary

Appeals court affirms trial court’s decision favoring asset approach for valuing owner spouse’s medical practices; unlike income approach, it avoids accounting for owner spouse’s future earning twice, in asset valuation and determination of alimony.

See Also

In re Mauer

Appeals court affirms trial court’s decision favoring asset approach for valuing owner spouse’s medical practices; unlike income approach, it avoids accounting for owner spouse’s future earning twice, in asset valuation and determination of alimony.