Must Distinguish Between Enterprise and Personal Goodwill in Rhode Island Sole Proprietorship Valuation

Business Valuation UpdateVol. 7 No. 4
Legal and Court Case Update
April 2001
0782 Lawn and Garden Services
561730 Landscaping Services
marital dissolution/divorce
goodwill, personal goodwill, fair market value (FMV)

Moretti v. Moretti
766 A.2d 925, 2001 R.I. LEXIS 43
February 9, 2001
State Court
Rhode Island
Supreme Court
Glen Stevenson, CPA, CVA (for wife); Richard DeMerchant, CPA, CVA (for husband)


An issue appealed from the Moretti marital asset distribution concerned the goodwill component of the husband's landscaping business, Tangleridge Landscaping Inc.

See Also

Moretti v. Moretti

Court finds that enterprise goodwill is marital, personal goodwill is not.