BLUE SKY VALUE

[Ward & Probst]

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