Tax Court Upholds Estate's Fractional Discount for Minority Interest Held by Limited Partnership
This valuation dispute arose from the undivided real estate interest held by the Forbes QTIP trust.
Estate of Forbes v. Commissioner
Issue is fair market value of 42% and 42.9% undivided interests in two real estate parcels held by the QTIP, and what fractional discount should apply.
'Going concern value' is marital asset in divorce
This case, reviewed en banc by the nine judges of the Pennsylvania Superior Court, addresses whether or not "going concern value" should be identified as an intangible asset distinguished from "goodwill" and thus a marital asset subject to equitable distribution.
Gaydos v. Gaydos
At issue is what distinction exists between goodwill and going concern value in the context of valuing a sole proprietorship for equitable distribution purposes.
Lyle v. Lyle
Issue is whether trial court erred in valuation of partnership assets and in awarding husband a larger percentage of partnership assets.
Hitt v. Hitt
Issue is the trial court's valuation of husband's bail bond business, which included an amount for goodwill.
In re the Marriage of Maxwell
Issue was the value of husband's advertising business, including whether the business had enterprise goodwill.
Koch v. Koch
Issue was the valuation of husband's sole proprietorship, a commercial painting business, including consideration of tax liabilities and goodwill.
Sorensen v. Sorensen
Issues were valuation and distribution of husband's dental practice and allocation of expert witness fees.
Fexa v. Fexa
Issue is whether the trial court erred in excluding any goodwill value from the valuation of husband's dental practice.
DeMasi v. DeMasi
One of the issues is whether the trial court erred by including goodwill in the value of husband's medical practice.
Thomas v. Thomas
One issue in this case was the valuation of closely held companies.
Beasley v. Beasley
Issue is whether goodwill is a component of the value of a professional law practice and to be considered marital property.