ARTICLE · 14 NOVEMBER 2012

The Value In A Valuation

Crowe Soberman LLP

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Stan and Gloria arrived for their yearly meeting with Jennifer, their accountant, to review their business interests and other financial matters. This meeting, though, had a different focus than usual.

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Neil Maisel BComm, CA•CBV, CFE

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Stan and Gloria arrived for their yearly meeting with Jennifer, their accountant, to review their business interests and other financial matters. This meeting, though, had a different focus than usual.

"Jennifer," began Stan, "Gloria and I have realized that we're at an age when we should probably think about estate planning around our business. We want to treat our children, Rachel and Mark, equally in our estate, and we'd like your professional advice on how best to do that."

"That makes sense to me," Stan," replied Jennifer. "I suggest you consider what's known as an estate freeze. This would fix the value of your business interests at their present level, and you could then determine how you want to allocate the future growth of the business."

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