Kentucky Adopts Majority Rule in Distinguishing Enterprise vs. Personal Goodwill

Business Valuation UpdateVol. 15 No. 4
Legal and Court Case Update
April 2009
8021 Offices and Clinics of Dentists
621210 Offices of Dentists
marital dissolution/divorce
goodwill

Gaskill v. Robbins (II)
2009 WL 425619 (Ky.)
February 19, 2009
US
State Court
Kentucky
Supreme Court
J Robert Lyons
Richard Callahan (husband); Steven Wheeler (wife)
Noble

Summary

Kentucky Supreme Court holds with majority rule that distinguishes enterprise goodwill (marital property, divisible) from personal goodwill (non-marital, non-divisible) in valuing professional practices for purposes of divorce.

See Also

Gaskill v. Robbins (II)

Kentucky Supreme Court holds with majority rule that distinguishes enterprise goodwill (marital property, divisible) from personal goodwill (non-marital, non-divisible) in valuing professional practices for purposes of divorce.