Miles Mason, Sr. JD, CPA, joins Kurt Myers, Rob Vance, and Rhonda Sides to discuss the MUM Analysis – Multi-Attribute Utility Model – a court-tested approach to allocating personal/professional goodwill and enterprise goodwill for a privately held business. Robert Vance, Forensic & Valuation Services, defines MUM for the TSCPA valuation panel & walks them through the calculation process. Various methods a lawyer can use to cross-examine the expert witness regarding their MUM calculation. From the 2021 Tennessee Society of CPAs, Forensic & Valuation Services Conference.

0:00 – Calculating MUM – Multi-Attribute Utility Model
4:35 – Advantages & Alternatives to MUM
7:34 – Cross-Examining MUM

Kurt Myers
(615) 324-3855

Robert Vance
(901) 507-9173

Rhonda Sides
(615) 320-5500

Miles Mason, Sr. JD, CPA, is author of The Forensic Accounting Deskbook: A Practical Guide to Financial Investigation and Analysis for Family Lawyers, Second Edition, published by the ABA Family Law Section.

Watch More Highlights From the TSCPA Valuation Panel

Visit Our Tennessee Family Law Blog to Read Summaries of Business Valuation Cases and view When Professionals Divorce in Tennessee: Valuing Professional Practices.


The post MUM Analysis: Allocating Goodwill Personal vs. Enterprise first appeared on Miles Mason Family Law Group, PLC.