Elements of Business Valuation Reports

So you have received the written business valuation report of the closely held business owned by your client, or your client’s spouse. You find the valuation amount on the cover letter and either like it or hate. But what are the other important elements you should...

read more

Family Law: When Are Business Valuations Required?

For family law attorneys to properly represent their clients, it’s imperative to have an understanding of business valuations and when they are required. The widely accepted state appointed mandate is that all marital property must be properly valued for equitable...

read more

Husband Ordered to Pay Wife’s Business Valuation Fees

In the recent unpublished Virginia case of Hugh v. Hugh (Va. App. 2014), the Virginia Court of Appeals upheld the trial courts order that the Husband pay the Wife’s business valuation expert’s fee of $25,000.   The trial court noted that husband stonewalled the Wife’s...

read more

Estate is the Winner over Valuation of Personal Goodwill

What do these amounts have in common: $0, $4.3 million, $9.3 million, $26 million, and $92.2 million? Amazingly, they are all valuation estimates of the same company at the same point in time. And the cause of these wild swings in value? The estimate of personal...

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Giving Back

My wife, Carolyn Woodruff a family lawyer in NC, and I sponsor a summer dance camp for the Boys and Girls Club of Greensboro, NC in conjunction with the Greensboro Fred Astaire dance studio.  This year we had over 50 under-privileged elementary school age children...

read more

Elements of Business Valuation Reports

So you have received the written business valuation report of the closely held business owned by your client, or your client’s spouse. You find the valuation amount on the cover letter and either like it or hate. But what are the other important elements you should...

read more

Family Law: When Are Business Valuations Required?

For family law attorneys to properly represent their clients, it’s imperative to have an understanding of business valuations and when they are required. The widely accepted state appointed mandate is that all marital property must be properly valued for equitable...

read more

Husband Ordered to Pay Wife’s Business Valuation Fees

In the recent unpublished Virginia case of Hugh v. Hugh (Va. App. 2014), the Virginia Court of Appeals upheld the trial courts order that the Husband pay the Wife’s business valuation expert’s fee of $25,000.   The trial court noted that husband stonewalled the Wife’s...

read more

Estate is the Winner over Valuation of Personal Goodwill

What do these amounts have in common: $0, $4.3 million, $9.3 million, $26 million, and $92.2 million? Amazingly, they are all valuation estimates of the same company at the same point in time. And the cause of these wild swings in value? The estimate of personal...

read more

Giving Back

My wife, Carolyn Woodruff a family lawyer in NC, and I sponsor a summer dance camp for the Boys and Girls Club of Greensboro, NC in conjunction with the Greensboro Fred Astaire dance studio.  This year we had over 50 under-privileged elementary school age children...

read more

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