Gerard v. Gerard

SMART, Judge.

Joseph H. Gerard appeals from the dissolution decree’s property distribution order which valued Millie Gerard’s Certified Public Accounting (CPA) practice at $8,297.00. There is no dispute that the value of the tangible assets and receivables, less indebtedness, is $8,297.00. The only question on appeal is whether the practice should be valued at a greater dollar amount. Mr. Gerard contends that the trial court erred in failing to include in its valuation an element of good will.

The judgment is affirmed.

Mrs. Gerard has maintained a sole proprietorship CPA practice in Jefferson…