The Role Of The Asset Approach In Determining Business Value And Personal Goodwill In Divorce

About This Seminar

A closely-held business is often one of the largest assets involved in a divorce, and as such, a common ground for disputes between spouses. To ensure equitable distribution of assets for their clients, many attorneys rely on accredited valuation experts to perform business valuations.

However, despite their familiarity with business valuations, many divorce attorneys aren’t familiar with how the valuation process works, the key areas of dispute among competing experts and the impact various adjustments can have on a business’s value.

This seminar will focus on the use of the asset approach in business valuations. We will also discuss the various discounts frequently applied in business valuations, including discounts for personal goodwill.

The asset approach is a valuation method whereby equity value is determined based on a market value balance sheet. If you’ve ever examined the difference between the fair market value of a business’s assets and its liabilities, that’s part of the asset approach. But how can it be applied to privately-held companies, particularly in a divorce context?

Join CPA and valuation expert Kirstine Fors, CPA/ABV, CVA, as she discusses:

• The general theory behind the asset approach
  

• The various methods used in the asset approach

• Key value drivers in the asset approach

• Different types of discounts including discounts for lack of control and lack of materiality
• Personal goodwill versus enterprise goodwill

• How to identify potential weaknesses in opposing expert reports

Bring your appetite! Breakfast is on us.