Practice Goodwill Is Marital Asset; Tax Consequences Best Considered in Equalizing Judgment

Business Valuation UpdateVol. 9 No. 12
Legal and Court Case Update
December 2003
8721 Accounting, Auditing, and Bookkeeping Services
541211 Offices of Certified Public Accountants
marital dissolution/divorce
marital dissolution

Seiler v. Seiler
2003 Wash. App. LEXIS 1876
August 26, 2003
US
State Court
Washington
Court of Appeals
Thomas Burger, CPA (for wife)
Quinn-Brintnall

Summary

The primary issues in this marital dissolution were the value of husband’s 50% interest in his accounting firm,...

See Also

Seiler v. Seiler

Issue is whether speculative tax consequences are an element of valuing an ongoing business, in this case an accounting practice.