Personal goodwill not marital asset; case remanded because record silent on how court valued business

Business Valuation Update BVLaw
Legal and Court Case Update
March 28, 2000

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marital dissolution/divorce
Edward R. Bertholet v. Linda Bertholet
725 N.E.2d 487 (Ind. App. 2000)
US
State Court
Indiana
Court of Appeals
James Stan (for wife)
Bailey

Summary

The primary issue in this marital dissolution case is whether the trial court erred in its valuation of the husband's bail bond business.

See Also

Edward R. Bertholet v. Linda Bertholet

Full Text of Court Cases
March 28, 2000

The Indiana Court of Appeals reversed the lower court's valuation of a bail bond business because the lower court's valuation included an amount for personal goodwill, which is not includable in the marital estate. It affirmed the lower court's choice of ...