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What are the benefits of a neutral business appraiser?

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What are the benefits of a neutral business appraiser?

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A neutral business appraiser may: • Aid in the court’s understanding. Business valuation is technical in nature and typically involves complicated mathematical or scientific concepts in which the court may lack the necessary experience or skill to select between opposing valuations. A neutral business valuation expert can educate the court regarding the available methods of valuation, the appropriate valuation methodology for the type of business at issue, and the application of a particular methodology to the facts. • Ensure accurate and reliable information. In adversarial divorce proceedings, a neutral business appraiser eliminates the concern that an appraiser’s valuation is biased in favor of the party who retained the appraiser. A neutral business appraiser also addresses concerns regarding the subjective nature of property valuation. • Prevent breakdowns in the adversarial process. A neutral business appraiser avoids cases in which only one party presents unreliable evidence or

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