Daycare center goodwill not in marital estate

Business Valuation UpdateVol. 2 No. 10
Legal and Court Case Update
October 1996

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8351 Child Day Care Services
624410 Child Day Care Services
marital dissolution/divorce
professional practice
Alsup v. Alsup
1996 Tenn. App. LEXIS 425
July 24, 1996
US
State Court
Tennessee
Court of Appeals
David Wood (for husband); Ray Bowling (for wife)
Highers

Summary

The major argument in this divorce case centers around whether a family-owned day care center, Ms. Judy's Playschool (Ms. Judy's), should be treated as a professional practice, in which case ...

See Also

Alsup v. Alsup

Full Text of Court Cases
July 24, 1996

At issue is the valuation of the couple's daycare business.