The increasing use of jointly retained experts in business valuation matters presents unique opportunities for qualified business appraisers who are aware of the procedures and pitfalls of jointly retained business appraisals. Members of the firm limit their practice to marital and family law matters, including appeals. A few items on the list might seem obvious, but to many they are not. This list is by no means all-inclusive. This article is the edited and condensed version of a paper by Deirdre Russell and Steven F. Schroeder on the timely topic of the admissibility of business valuation expert testimony under Federal Rule of Evidence 702.
Valuation is a fascinating subject because, like beauty, value is in the perception of the beholder.
Valuation is a timely and important topic and it is suiting that we today turn our attention to it. The current appraisal practices of the Internal Revenue Service systematically violate the American taxpayers right to uniformity in the determination of tax liability under Article 8 Section I of the U.S. Constitution. May 1999 Valuation is a fascinating subject because, like beauty, value is in the perception of the beholder. Richard C. Berning and Michele G. Miles, Esq. Michele Miles, Executive Director of IBA, condensed the seminar materials for this article.