What is “goodwill” and how does one determine the value of business goodwill in a Louisville divorce? Does goodwill only apply to an individual or does it apply to a company as well? A divorce which involves a closely-held business or professional practice is not only legally and financially complex, it will often be quite...
Business Valuation of Goodwill and a Book of Business
How will the Family Court look at the business valuation of Goodwill and a Book of Business in a Louisville divorce? What is Goodwill and what is considered to be a Book of Business? Should the value of Goodwill and/or Book of Business be considered as part of business valuation in a Louisville divorce? The...
Calculating Goodwill in the Valuation of a Business During a Louisville Divorce
Calculating Goodwill in the valuation of a business during a Louisville divorce is legally and financially quite complex. Why is the valuation of a business or professional practice and the associated Goodwill such an important topic in a divorce? The ownership of a business or professional practice is one of the most complex issues you...
How Does the Valuation of Goodwill Affect Professional Practice Ownership in a Louisville Divorce?
What is "Goodwill" and how does the valuation of Goodwill affect professional practice ownership in a Louisville or Jefferson County divorce? Goodwill is the human impact upon a business, and the effect a specific person has upon the likelihood of continued patronage. If the professional facing a divorce in Jefferson County or Louisville was no...