The death of a spouse is a devastating, traumatic experience. If it happens, dealing with taxes and other financial and legal obligations are probably the last things on your mind. Unfortunately, many of these obligations can’t wait and must be addressed in the months to follow. One important issue for the surviving spouse to consider…

In some jurisdictions, investment value — rather than fair market value — has emerged as the preferred standard of value in some divorce cases. This trend is important to monitor to ensure your valuation expert estimates the correct standard of value. If not, a court may disregard his or her conclusion. Investment Value Definition Fair market value,…

According to the International Valuation Glossary — Business Valuation, goodwill is: “That intangible asset arising as a result of name, reputation, customer loyalty, location, products, and similar factors not separately identified.” Put another way, it’s the aggregate value of a business that exceeds the value of identifiable tangible and intangible assets. So when a business is valued under either the…