Dentist’s professional goodwill is not a divisible marital asset. Court distinguishes solo practitioner, where goodwill is only reputation for competency, from clinic with many employees where goodwill does not rest on reputation of any one person.
Because of the speculative nature of professional goodwill, any such goodwill of husband’s solo dental practice could not be made part of the marital estate.
Value of husband’s interest in the goodwill of his medical practice is limited to the value as determined by the practice’s stockholder’s agreement. Follows Holbrook.
Goodwill of solo law practice is too speculative – more equitable to consider earning power and set alimony.
Salaried employee of a medical association does not possess goodwill for equitable distribution purposes.
No professional goodwill in P.I. practice
Failure to distinguish between personal and enterprise goodwill in valuing an oral surgery practice was error, as was averaging the results of different valuation results.
No goodwill in radiology practice affirmed.
Unlike enterprise goodwill, personal goodwill which depends on the continued presence of a particular individual is not divisible in a divorce.
Goodwill of automobile dealership may have been double counted. Court must distinguish between personal goodwill and enterprise goodwill.
Solo dental practice goodwill is ability to acquire future income, which is not a divisible asset.
An attorney’s professional goodwill is not a divisible marital asset.
Personal or professional goodwill, as distinguished from enterprise good will, is not a marital asset. Necessity of covenant not to compete is significant.
Inclusion of goodwill in accounting practice is reversed.
No goodwill in ophthalmology practice.
No goodwill for movie director.
Oral surgery practice had no goodwill as it has no continuing patient base or continuing costumers.