Gaskill v. Robbins

Opinion of the Court by

Justice NOBLE.

The questions presented in this appeal are whether the goodwill of a closely held or sole proprietorship business can have both personal and enterprise values, and whether the trial court improperly assumed that it must make a 50-50 division of the marital assets. Recognizing that this Opinion is a departure from previous law, this Court affirms the Court of Appeals as to its ruling on goodwill, but on other grounds; the trial court is affirmed on its ruling regarding division of the mar*309ital estate, as it did not abuse its discretion.

I. Background

Appellant/…