Personal Goodwill Must Be Valued Separately

Business Valuation Update BVLaw
Legal and Court Case Update
December 14, 2005

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1099 Miscellaneous Metal Ores, NEC
marital dissolution/divorce
Kim Brown v. Carlton Brown
No. M2004-01573-COA-R3-CV (Tenn. App. 2005)
US
State Court
Tennessee
Court of Appeals
Aminah M. Collick, Gregory D. Smith, Jeffrey L. Levy
Gerald LeCroy; Clyde Bright
Franks

Summary

The Tennessee Court of Appeals affirmed the lower court’s decision denying a deduction for personal goodwill in the valuation of the parties’ business.

See Also

Kim Brown v. Carlton Brown

Full Text of Court Cases
December 14, 2005

The Tennessee Court of Appeals affirmed the lower court’s decision denying a deduction for personal goodwill in the valuation of the parties’ business.