Goodwill in Small Service Businesses: A Guide for Attorneys & Judges - Part 2

Credit Hours

Show All
Goodwill in Small Service Businesses: A Guide for Attorneys & Judges - Part 2
Goodwill in Small Service Businesses: A Guide for Attorneys & Judges - Part 2

Watch this Course for Free

Course Credit Hours: CA 1
New LexVid members receive 1 free credit hour.
Already a member? Sign In

Need More Credits

Our packages are the most affordable way to buy CLE. Buy credits by the hour, get all 25 California MCLE hours for $99, or go unlimited.

Course Description

Attorneys and judges encounter the issue of goodwill in closely held businesses in a number of contexts: divorce, estate & gift tax, buy/sell agreements and partnership/corporate dissolutions. Traditionally, trial courts and attorneys rely on appraisal experts to determine the value of goodwill. Appraisal theory recognizes multiple methods and procedures, which leaves room for widely varying values for goodwill in contested cases.

In part two of this course, business valuation expert Michael Sack Elmaleh will introduce a methodology that will provide fair and realistic appraisal values without relying on the conflicting appraisal methods discussed in part 1. Mr. Elmaleh will drill down to the economic substance of enterprise goodwill from both the buyer's and the seller's view, helping viewers understand how to achieve a value that can effectively be used in a litigation context.

Length: 1hr 7min

Member Reviews

Excellent presentation -- clear and methodical.
- Steve L.
Because my legal practice may well involve valuation of a business, I wanted to learn more about that process in order to better direct testimony at trial, if need be. I learned more than I ever imagined!
- Debora J.
Read All 9 Reviews

Meet the Lecturer(s)

Michael Sack Elmaleh

- Adjunct Instructor in mathematics, statistics, economics, accounting and finance for ten years in Wisconsin and Maryland. 

- Partner and sole proprietor of accounting practices in Madison, Wisconsin for 17 years.

- Certified Public Accountant and Certified Valuation Analyst.

- BA in philosophy and psychology, MS in accounting and an MA in philosophy all from University of Wisconsin.

- My first book, Financial Accounting: A Mercifully Brief  Introduction was recently released. Previous publications include articles in professional journals on valuation theory, taxation and accounting.  I have also written numerous political commentaries in Madison newspapers. Many years of community and political activism.

Find Another Course

top of the page