Valuation
Business valuations are performed for a variety of reasons. During the life of a business, valuations may be required as a result of shareholder buy-in or buy-out; gifts of closely-held corporate stock to family members; dividing assets in marital dissolution and estate asset valuation upon the death of an owner. Each of the key events that trigger the need for valuation can result in a different value for an enterprise depending on the purpose of the valuation and the proper application of valuation theory and case law. We are experienced in all aspects of the valuation process and maintain an extensive business valuation library and access to on-line services to assist in providing well-researched opinions. Our Business Valuation services include the following:
- Tax Valuation Planning
- Commercial Ownership Disputes
- Shareholder Buy-in or Buy-out
- Gifting
- Marital Dissolution
Tax Valuation Planning
An important part of any well-crafted estate plan includes the valuation of closely held business interests for succession planning in addition to an understanding of what drives asset value as an individual plans for the transfer of assets to the next generation. Owners of closely held business seek to protect assets from substantial estate, income and excise taxes through the proper use of asset valuation. Closely held business owners rely on us to work with their attorneys and accountants to provide the necessary valuation services associated with Family Limited Partnerships, Trust and Estate Planning issues. Our Planning services include the following:
- Gifting
- Estate Tax and Estate Planning
Litigation Support
Financial interaction between individuals and businesses often result in disagreement and misunderstanding between parties. One or both parties will look to get the details and analysis required to assess what has taken place. The parties may then be able to reach a settlement of their differences or decide to proceed to trial. Should it be necessary to call on forensic accounting skills to interpret complex transactions, Koenig & Associates, L.L.C. can tailor the engagement to meet the needs of the assignment. We have achieved successful results in shareholder disputes, matrimonial litigation and commercial damage claim analysis. Our Litigation Support services include the following:
- Shareholder Disputes
- Damage Claim Analysis
- Matrimonial Litigation
Tax Planning
An important part of any well-crafted estate plan includes the valuation of closely held business interests for succession planning in addition to an understanding of what drives asset value as an individual plans for the transfer of assets to the next generation. Owners of closely held business seek to protect assets from substantial estate, income and excise taxes through the proper use of asset valuation. Closely held business owners rely on us to work with their attorneys and accountants to provide the necessary valuation services associated with Family Limited Partnerships, Trust and Estate Planning issues.
Mediation
Almost all litigation starts with the knowledge of disagreement. Parties with differing viewpoints will attempt to work through their differences. Emotions are involved and negotiation is not their forte. The process may falter. Mark Twain was once quoted, “The timid man yearns for full value and asks a tenth. The bold man strikes for double and compromises on par”. The parties need a professional who can help them through the process. With assistance from all professionals involved, litigants will attempt resolution before trial. Mark Koenig participates in the New Jersey Alternative Dispute Resolution Program. He has been appointed by the Superior Court in New Jersey on numerous occasions to serve in the mediation role. His experience as a neutral expert provides the ability to be engaged by both parties in the mediation role or to assist in settlement discussions during the litigation process whether retained by one party or both. Koenig & Associates, L.L.C., recognizes that fair, timely and cost effective resolution to disputes is in the best of interest of the litigants. We are prepared to assist litigants and their advisors in obtaining the best result in the appropriate manner.