If your estate has to be probated, in a perfect world everything will go without a hitch and the assets are distributed to beneficiaries in a timely manner. Everyone is satisfied with their inheritance and family harmony is preserved. Of course, the world isn’t picture perfect. Your will may be contested based on its validity, its…

In today’s environment, it’s important for business owners to focus on the value of their company and what drives it. For asset-based businesses, such as real estate or securities holding companies, value drivers are fairly straightforward. Here’s a look at what drives value for operating businesses, such as retailers, manufacturers, professional service providers and construction firms. Eye…

The discount for lack of marketability is an often-contested valuation adjustment that requires a particularly detailed process. When calculating any valuation adjustment, an appraiser obviously can’t just pick a number out of a hat. He or she must consider the situation and the unique characteristics of the interest that’s being valued. No Random Numbers Business valuation…