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Home / Opinion Digests / Domestic Relations – Marital Property – Wife’s Business – Goodwill Value (access required)

Domestic Relations – Marital Property – Wife’s Business – Goodwill Value (access required)

Although the divorce court did not list wife’s insurance business itself as marital property, the court did include all its assets in equitable distribution, and the Court of Appeals rejects husband’s claim the trial court did not adequately value goodwill. Goodwill does not exist in every business, nor is goodwill easy to value without expert testimony. ...

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