Law Practice
Feb. 21, 2007
Valuing Goodwill
Focus Column - By Mitchell A. Jacobs and Robert Burch - One of the hardest questions in divorce proceedings is valuing a community business. A recent decision clears up some of the issues and creates others.
By Mitchell A. Jacobs and Robert Burch
The valuation of the goodwill of a community business is one of the key decisions a divorce court can make in dividing assets between spouses. In the past couple years, the appellate courts have weighed in several times on the issue, most recently with In re Marriage of Ackerman, 2006 DJDAR 16935 (Dec. 27). The Ackerman court ...
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