Wood Forensic / Valuation Services
"The cynic knows the price of everything and the value of nothing."
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SSShhhh... MUM's the Word(TM).
Actually, it is MUM's the Word (and Excel, too). MUM stands for Multiattribute Utility
Model. This is a practical model that I developed to assist valuation analysts separate
total goodwill into personal and enterprise goodwill. The model was first used by me in
a family law case in Saline County Illinois in 2003. The model was the subject of an
appeal to the Illinois 5th District and was upheld as admissible.
The Appellate decision may be found by clinking the link below.
Alexander IL 5th Appellate Decision
After MUM was upheld in the Alexander case, I developed the model into a commercial
product that is used by valuation analysts throughout the country. The MUM model is
available for purchase from ValuSource Software by clicking the link below.
MUM at ValuSource Software
If you purchase MUM, be sure to check out this errata.
Actually, it is MUM's the Word (and Excel, too). MUM stands for Multiattribute Utility
Model. This is a practical model that I developed to assist valuation analysts separate
total goodwill into personal and enterprise goodwill. The model was first used by me in
a family law case in Saline County Illinois in 2003. The model was the subject of an
appeal to the Illinois 5th District and was upheld as admissible.
The Appellate decision may be found by clinking the link below.
Alexander IL 5th Appellate Decision
After MUM was upheld in the Alexander case, I developed the model into a commercial
product that is used by valuation analysts throughout the country. The MUM model is
available for purchase from ValuSource Software by clicking the link below.
MUM at ValuSource Software
If you purchase MUM, be sure to check out this errata.
I have written numerous articles on MUM,
and have spoken at many conferences on
the MUM theory and its use. The following
articles explain the basics of MUM. Other
articles can be found listed in my CV.
MUM in American Journal of Family Law
Goodwill Attributes-The Value Examiner
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| Wood Forensic / Valuation Services David Wood / CPA/ ABV / CVA and MFFA (Emeritus) 824 Main Street Suite A / Mount Vernon Illinois 62864 618/242/3743/voice/cell 866/242/3743/fax e-mail address is dwood at woodvaluation.com Find Wood Forensics / Valuation Services Copyright 2009 © David N. Wood / All Rights Reserved. |