Daycare center goodwill not in marital estate

Business Valuation UpdateVol. 2 No. 10
Legal and Court Case Update
October 1996
8351 Child Day Care Services
624410 Child Care Services
marital dissolution/divorce
professional practice

Alsup v. Alsup
1996 Tenn. App. LEXIS 425
July 24, 1996
State Court
Court of Appeals
David Wood (for husband); Ray Bowling (for wife)


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

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