Valuation: The “Eye of the Beholder” Causes Disputes

Fall 2020

The Robins Kaplan Spotlight

The need to value closely held corporations and associated real estate frequently arises in the context of estate administration. The value of such assets, however, is often fogged by the differing perceptions of the various estate stakeholders. Further, valuation of closely held family businesses often entwines valuation techniques with family dynamics and statutory dictates that complicate determination of the “value” of stakeholders’ interests. In addition, the real estate of a closely held business may be held in other legal entities likely established for various tax, liability, and cash-flow purposes. Disputes in valuation of these assets often occur due to differing perceptions about how to value the business and the “eye of the beholder” of different stakeholders.

Anne M. Lockner

Partner

Member of the Executive Board
Pronouns: she/her

Richard R. Zabel, C.P.A.

Senior Forensic Accountant

Related Publications

Fall 2020
From the Trenches: A Spotlight Interview with Larry Farese
The Robins Kaplan Spotlight, Vol. 5, No. 3
Fall 2020
The IRS Says “Nice Try.” Case Illustrations of Unsuccessful Valuation Efforts
Brendan Johnson and Ena Kovacevic - The Robins Kaplan Spotlight, Vol. 5, No. 3
Summer 2020
The Brave New World of Virtual Notarization
Steven Orloff, Manleen Singh - The Robins Kaplan Spotlight, Vol. 5, No. 2
Summer 2020
What Could be the Harm? Minnesota's Harmless Error Statute
Matthew Frerichs, Ena Kovacevic - The Robins Kaplan Spotlight, Vol. 5, No. 2
Summer 2020
What's a Fiduciary To Do? Considerations for Periods of Uncertainty
Anthony Froio, Denise Rahne - The Robins Kaplan Spotlight, Vol. 5, No. 2
Back to Top