How does a court typically determine the valuation of a privately owned business during contested divorce proceedings?
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How does a court typically determine the valuation of a privately owned business during contested divorce proceedings?
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Florida divorce business valuation fair market value marital business appreciation statute 61.075 valuation date business goodwill personal enterprise goodwillGoogle ↗
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Florida divorce business valuation fair market value marital business appreciation statute 61.075 valuation date business goodwill personal enterprise goodwill Google ↗
- What is evident in the caselaw, and what decides this case, is that personal goodwill of a professional is simply not a marital asset in Florida. Personal goodwill, whether it be that of a divorcing spouse or any one of thirty-four physician/shareholders in a medical practice, is “not a marketable asset distinct from the individual” who performs services. *Thompson*, 576 So. 2d at 270 (quoting *Taylor v. Taylor*, 386 N.W.2d 851, 858 (Neb. 1986)). As the supreme court in *Thompson* recognized, pe · flcourts-media.flcourts.gov
- “Goodwill Hunting” for Equity: The Florida Supreme Court’s Unintended Result of the Thompson Case, Part I · floridabar.org
- 4.8 **Active and Passive Appreciation of Non-Marital Assets** · flcourts-media.flcourts.gov
- Filing # 10317977 Electronically Filed 02/14/2014 04:32:19 PM · supremecourt.flcourts.gov