Many people are uncomfortable discussing with heirs how they will distribute their estate. Perhaps you don’t want your children to realize how much they may receive after your death. Or you may think your choice of heirs could change in the future. However, if you don’t discuss your estate plan, disagreements and conflicts could erupt…
News
Two Divorce Cases Provide Valuable Insight
Legal precedent related to business appraisals and the use of expert witnesses in divorce tends to vary from state to state. But it’s important to monitor case law across the country for emerging trends, especially if you encounter a case that involves a financial issue that hasn’t been addressed by courts in your jurisdiction. Here,…
Evaluating a Business Valuation Report
Anyone with a little business and financial knowledge can do a quick-and-dirty calculation using a industry rule of thumb, such as multiple of annual sales or earnings. But experienced valuation professionals apply tested valuation approaches that are based on real world market data — and they also possess strong verbal and written communication skills that…