Divorce Planning in 2018

Planning for a divorce seems cold and calculating, but it important to put emotions aside and think through the consequences of the various decisions that need to be made in terms of alimony, division of assets, child support and other matters. This has never been...
Main Street Employee Ownership Act

Main Street Employee Ownership Act

The  Main Street Employee Ownership Act was recently enacted and is  good news for business owners looking for a way to exit their businesses. The Act encourages creation of ESOPs or worker coops by facilitating transactions via loans supported by the SBA, and also...

There is Value in Spending

Since Valuation is my business  I tend to think about the value of what I am purchasing- weighing pluses and minuses for big ticket purchases. However, since reaching a certain age I enjoy recalling the various family trips we’ve taken over the years. A trip to...

Ideas and Prenuptial Agreements

Prenuptial agreements have become more common among millennials. I have performed business valuations for many divorce cases but none have involved a prenuptial agreement. An interesting New York Times article by Alton Abramowitz and Orly Lobel discusses Prenuptial...

Estate Planning for Social Media Accounts

Estate planning has become more complicated in the age of social media. I have mixed feelings when I see a deceased friend’s birthday reminder pop up on FaceBook.  I’ve been doing some updates to my estate plan and found this recent article from the New...

Valuation Engagement vs Calculation Engagement

I am often asked whether a calculation of value engagement would suffice in place of a full valuation engagement.  The answer is that it depends on the how the valuation will be used. A valuation engagement provides an opinion or conclusion of value by the analyst. It...