This seminar will present a quantitative approach using the residual method for estimating personal and entity goodwill. This approach may be used for tax purposes (e.g., purchase price allocation) as well as for family law cases where personal goodwill is a separate asset. The presentation will include a case study illustrating the method.
1. Applications of the method for different valuation purposes (e.g., tax and family law matters);
2. Background of the residual method;
3. Case study illustrating the residual method