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COMPANY/ PENSION VALUATION

  • ALEXANDER
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23 Nov 07 #7453 by ALEXANDER
Topic started by ALEXANDER
help..just back from mediation.have been very involved with 1 of my husbands 2 companies for over 15 years. now not, at possibly his instigation.. the other he put some of our joint savings into.
Up until now the company accountants have dealt with both of our tax matters. my husband now has to provide a valuation of the companies.
He is insisting that i need not get an independent valuation.."waste of money/ you don`t trust me...wait until the valuation is done and i have disclosed at the next meeting and then check out anything you are unsure of".
I would love to trust him but i don`t. Instinct tells me to get an independent financial assessment of the companies situation overall..ie an alternative review.He is not happy about this?

any views / comments would be welcome.what do i do?where do i go?

Same thing aplies to his pension which i believe could be worth c £300,000.

  • TMax
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23 Nov 07 #7480 by TMax
Reply from TMax
Hi :)

Welcome to the Wiki

Ok you have now joined the age of possible perpetual grief, you will find that nothing is simple in divorce or easy and in some very hard cases can take years to complete at a very high cost, what we thought was our shared love life stops at this point, as proceedings go along it changes bit by bit lie by lie, suddenly before you know it you can be at each others throat and demanding the earth.

So thats the frightner over with :laugh:Any way yes I would get your own valuation done on all assests, shares, pensions, savings anything that has a high monetary value that could be hidden, get your agreement in writing ASAP of what the share will be. some partners may and do start to hide valueable things from X2b so make a note of every thing there is. as you read on from here you will see that some Xs have suddenly changes in their life style and losts lots of cash in habbits that have suddnely come on.

Keep popping in daily and you will get as much help and assitance as is avialable keep asking questions :-)

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23 Nov 07 #7485 by TMax
Reply from TMax
Hi :)

Welcome to the Wiki

Ok you have now joined the age of possible perpetual grief, you will find that nothing is simple in divorce or easy and in some very hard cases can take years to complete at a very high cost, what we thought was our shared love life stops at this point, as proceedings go along it changes bit by bit lie by lie, suddenly before you know it you can be at each others throat and demanding the earth.

So thats the frightner over with :laugh:Any way yes I would get your own valuation done on all assests, shares, pensions, savings anything that has a high monetary value that could be hidden, get your agreement in writing ASAP of what the share will be. some partners may and do start to hide valueable things from X2b so make a note of every thing there is. as you read on from here you will see that some Xs have suddenly changes in their life style and losts lots of cash in habbits that have suddnely come on.

Keep popping in daily and you will get as much help and assitance as is avialable keep asking questions :-)

  • Specialdad
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23 Nov 07 #7487 by Specialdad
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As an accountant I can tell you that the valuation of a company is very subjective depending on whether you are valuing it on future earnings, market share, share valuations or earnings per share basis.

You definitely should go for a independent valuation as your xtb's accountant will more or less give the valuation your xtb will be happy with.

In my experience valuations can be out between 10 to 30% depending on the basis.

B)

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