Court Affirms Excess Earnings Method for Goodwill Calculation

Business Valuation UpdateVol. 19 No. 3
Legal and Court Case Update
March 2013
8011 Offices and Clinics of Doctors of Medicine
621111 Offices of Physicians (except Mental Health Specialists)
marital dissolution/divorce
goodwill

Burnett v. Burnett
2012 Ind. App. Unpub. LEXIS 1477
November 29, 2012
US
State Court
Indiana
Court of Appeals
R. James Alerding (wife); unknown (husband)
Bailey

Summary

State Court of Appeals affirms expert’s use of excess earnings method to determine value of husband’s interest in large medical practice finding the calculation properly separated personal from enterprise goodwill.

See Also

Burnett v. Burnett

State Court of Appeals affirms expert’s use of excess earnings method to determine value of husband’s interest in large medical practice finding the calculation properly separated personal from enterprise goodwill.