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Family Law Newsletter |
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Larson Appraisal Services |
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Business Valuation Specialists |
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Valuation Verdicts—Spring 2002.PDF In This Issue:
♦ Personal Goodwill and Buy-Sell Provisions ♦ Alimony? ♦ Valuation Discounts Denied ♦ Appreciation Due to Market Forces Must be Segregated ♦ Minority Interest Set at Book Value |
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Larson Appraisal Services |
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FOR PROFESSIONAL APPRAISALS OF PRIVATELY-OWNED BUSINESS INTERESTS CONTACT: |
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Valuation Verdicts—Winter 2003.PDF In This Issue:
♦ Expert’s Valuation Accepted over Owners Subjective Valuation ♦ Larson forms new Business Valuation firm ♦ No Marketability Discount Applied to Bank Holding Company Stock ♦ Valuation of Business Required ♦ Value of Cardiology Practice Reversed ♦ Goodwill Not Used in Mississippi ♦ Asset Approach Used to Value Insurance Company |
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Valuation Verdicts—Fall 2002.PDF In This Issue:
♦ Capitalization of Earnings Method Accepted ♦ Minority Interest Discount Denied ♦ Medical practice Valued In-Place In Use ♦ Medical Practice is Marital Asset ♦ Redemption of Stock Incident to Divorce Taxable under IRC sec 302 |
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Valuation Verdicts—Spring 2003.PDF In This Issue:
♦ Excess Earnings Cannot be Calculated Based on One Year’s Net Income ♦ Restricted Stock Agreement Considered ♦ EBITDA Multiple Method Used to Value Piggly Wiggly Franchise ♦ Discount for Lack of Marketability Affirmed |
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Valuation Verdicts—Summer 2003.PDF In This Issue:
♦ Failure to Have Business Valued Results in Malpractice Suit ♦ Alimony? ♦ Opinion Testimony Did Not Establish Value — Business Valuation Ordered ♦ Prenuptial Agreement Set Aside When Actual Value Not Disclosed ♦ Without Expert Testimony, Law Firm Valued at Zero |
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Valuation Verdicts—Fall 2003.PDF In This Issue:
♦ Valuation Date is Before The Date of Separation ♦ Annual Payments Are Deductible As Alimony ♦ Expert Testimony Would Have Helped Establish Appreciation in Separate Property Business ♦ Expert Testimony Would Have Helped Wife Establish the Amount of Appreciation in Dental Practice |
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Valuation Verdicts—Winter 2004.PDF In This Issue:
♦ Valuation of Separate Property Business Showing it Appreciated During the Marriage Required ♦ Alimony? ♦ Marital Business Must Be Valued ♦ Experienced, unbiased Testimony Required ♦ Personal Goodwill is Not a Marital Asset in West Virginia |
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Valuation Verdicts—Spring 2004.PDF In This Issue:
♦ Credentialed Business Appraiser Accepted Over Financial Analyst ♦ Expert Valuation Testimony Would Have Been Helpful ♦ Expert’s Thorough Goodwill Valuation Accepted ♦ Cross-Examination of Valuation Expert Considered
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Valuation Verdicts—Summer 2002.PDF In This Issue:
♦ Goodwill and Career Opportunity Foregone Considered ♦ SEC 1041 Inapplicable to Interest ♦ Sole Proprietorship Valued Using Net Asset Method ♦ Objections to Valuation Must be Raised Before the Trial Court ♦ Printed Version of “Valuation Verdicts” to be Discontinued |
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Valuation Verdicts—Summer 2004.PDF In This Issue:
♦ Failure to Secure Independent Valuation Expert Results in Malpractice Claim ♦ Accounts Receivable and Work-in-Progress Included in Valuation of a Partnership ♦ Goodwill Valued at Zero Absent Conflicting Evidence ♦ Business Appraisal Would Have Helped Show “material” Benefit in Wife’s Effort to Set Aside Property Settlement Agreement ♦ Private Company Must be Valued |
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Valuation Verdicts—Fall 2004.PDF In This Issue:
♦ State Supreme Court Excluded Goodwill from Valuation of Sole Practitioner Under Double Dipping Argument ♦ Personal Goodwill Accounted for in Income Valuation that Fully Deducts Solo Practitioner’s Compensation ♦ Reasonable Compensation Determined Using Average Compensation of a Similarly Situated Professional ♦ Valuation of Insurance Company Based on Actual Transaction |
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Valuation Verdicts—Winter 2005.PDF In This Issue:
♦ Request for Appointment of Independent Valuation Expert Should be Made Prior to Trial ♦ Doctor’s Accounts Receivable Valued ♦ Minority Interest Discount Rejected ♦ Business Should be Valued by a Business Appraiser |
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Valuation Verdicts—Spring 2005.PDF In This Issue:
♦ Expert’s “Measurement of Value” Accepted over Owner’s Opinion of Value ♦ Tax Consequences of Speculative Future Sale Should Not be Considered ♦ Testimony Regarding Rate of Return on Public Securities Permitted in Connection with Capitalization of Earnings Valuation ♦ State Supreme Court Considered Dentist’s Goodwill and Accounts Receivable |
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Valuation Verdicts—Summer 2005.PDF In This Issue:
♦ Expert Testimony Accepted over Corporate Accountant’s Valuation
♦ Expert Testimony Should Have Been Obtained in Connection with Husband’s Medical Practice
♦ Date of Marriage Appraisal Should Be Obtained When Owner Spouse Seeks Setoff for Pre-Marital Asset
♦ Interest in Emergency Medical Practice Valued |
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Valuation Verdicts—Fall 2005.PDF In This Issue:
♦ Appellate Court Rejects Reliance on “Indication” of Value
♦ Private Medical Practice Valued under Holder’s Interest Standard
♦ Shareholder Loans Must be Adequately Considered
♦ Mid-Size Service Business has Enterprise Goodwill |
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Valuation Verdicts—Winter 2006.PDF In This Issue:
♦ Courts Consider Treatment of S Corporation Earnings as Income for Support Purposes
♦ Doctor’s Projected Post-Divorce Reduction in Hours Work Considered in Valuation
♦ California Considers Goodwill of an Individual in the in the Artistic Field |