In this episode of Divorce at Altitude, Ryan Kalamaya talks with Ron Seigneur, an expert in business valuations, about evaluating closely held businesses during divorce proceedings. With the holiday season approaching and discounts on everyone's mind, this conversation addresses the financial complexities of including a business in marital assets.

Episode Highlights:

• Valuation Basics: Ron explains foundational aspects of business valuations, including fair market value, fair value, and investment value, and their impact on divorce scenarios.
• Discounts and Goodwill: The discussion covers marketability discounts and the difference between enterprise goodwill and personal goodwill in divorce valuations.
• Legal Precedents: Key legal precedents affecting business valuations in Colorado are examined, particularly the Thornhill case, which introduced flexibility in valuation standards.
• Volatility and Future Projections: Ron discusses the challenges of valuing businesses amid economic volatility and the growing importance of forward-looking financial models.

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What is Divorce at Altitude?

Ryan Kalamaya and Amy Goscha provide tips and recommendations on issues related to divorce, separation, and co-parenting in Colorado. Ryan and Amy are the founding partners of an innovative and ambitious law firm, Kalamaya | Goscha, that pushes the boundaries to discover new frontiers in family law, personal injuries, and criminal defense in Colorado.

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DISCLAIMER: THE COMMENTARY AND OPINIONS ON THIS PODCAST IS FOR ENTERTAINMENT AND INFORMATIONAL PURPOSES AND NOT FOR THE PURPOSE OF PROVIDING LEGAL ADVICE. CONTACT AN ATTORNEY IN YOUR STATE OR AREA TO OBTAIN LEGAL ADVICE ON ANY OF THESE ISSUES.