For business owners who are contemplating a divorce, the issue of personal goodwill takes on tremendous significance. For two businesses of identical gross value, the type of business, the extent to which the business owner is involved in the business operations, and a host of other issues, may mean that one is worth a lot […]
For business owners who are contemplating a divorce, the issue of personal goodwill takes on tremendous significance.
For two businesses of identical gross value, the type of business, the extent to which the business owner is involved in the business operations, and a host of other issues, may mean that one is worth a lot more in terms of what amount of its value is divisible between divorcing couples, than the other.
Please watch the video below, and please feel free to contact me with any questions as to what the potential impact of personal goodwill might be in your specific situation.
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