Editor's Note: New York often serves as a leading venue for concepts in matrimonial law. Although states differ widely on valuation issues such as personal and organizational goodwill, the concept
Valuing Licenses and Degrees, New York Style
New York often serves as a leading venue for concepts in matrimonial law. Although states differ widely on valuation issues such as personal and organizational goodwill, the concept of value to a professional license or degree has a certain amount of differentiation to the marital pot. Matrimonial attorneys need to recognize the valuation theories underscoring arguments of earnings capacity. Depending upon the applicable state's case law, these theories will impact their next case.
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