Larry, I am not qualified to give you legal advise but I would suggest that you check with your attorney and see if you cannot auction your business. Your business is only worth what someone will pay for it. You will probably be the high bidder and you and your ex-wife will split the proceeds in a community property state. She needs to be aware that she will be liable for income tax on her half of the proceeds, as will you. I hopes this helps to resolve this problem with a minimum of discomfort. If you do not have an attorney that specializes in family law, I would advise that you retain one. Best, Dale Dale Probst Assistant Institute Director Kansas City--July 21-25,1999 wardprobst@cst.net (940)691-3582 voice (940) 691-6843 fax http://www.ptg.org/1999/conv/ -----Original Message----- From: owner-pianotech@ptg.org [mailto:owner-pianotech@ptg.org]On Behalf Of Larry Fisher Sent: Monday, February 15, 1999 9:30 AM To: pianotech@ptg.org Subject: BLUE SKY VALUE HI all, My soon to be ex-wife's attorney claims my business has some blue sky value, or good will value. I'm curious what the rest of you have experienced along these lines. If blue sky has value that holds up in court, how much and for how long, how is it calculated and how can it be worth anything to anyone else if it's only of value to the service provider?? On a related matter ...... Give me some serious offers ........ Established piano service business for sale ....... 1300 listed in database 800 active (within last two years) abundance of PianoDisc and pneumatic player pianos good mix of all brands new, or like new not that many old uprights, plenty of grands darn few institutions, 3 furniture stores, 1 community college, a hand full of churches, no lounges excellent metro location bring your own hardware and real estate Lar Larry Fisher RPT specialist in players, retrofits, and other complicated stuff phone 360-256-2999 or email larryf@pacifier.com http://www.pacifier.com/~larryf/ (revised 10/96) Beau Dahnker pianos work best under water
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