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You are here: Home / Archives for fair market value

Valuations in More Detail – family business, land, matrimonial homes

February 11, 2014 by admin Leave a Comment

Valuations are an important part of resolving property and support issues in a family law matter. Assets subject to being valued include the matrimonial homes, family businesses, hobby farms, and securities held in investment portfolios. An income stream from investments, rental properties, and family business are also common sources from which support obligations are paid.

The relevant family law legislation does not define the term ‘value’. Courts have relied, in most cases, on the definition of fair market value of an asset.
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Family Business Valuations and Marriage Contracts

October 29, 2013 by admin Leave a Comment

Negotiating a marriage contract to treat one particular asset a special way is a common method to protect a business like Jacques’ which was built from scratch with few resources to a successful international organization. Rachel understands and agrees that Jacques’ 50% business interest which he will bring into the marriage belongs to him. But, she asks, what about her advice as an engineer without salary, her contribution as a sounding board 24 / 7, her creation and involvement in regular focus groups to test new product ideas, and all the other works she does without pay? Isn’t that worth something?
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