Accurately valuing private companies, shares, and assets can be especially challenging in family and estate planning matters
Probate
We are experts in providing valuations for probate, for both wholly owned private companies and majority / minority stakes.
We understand the complex issues involved and the potential impact of these on valuations, including:
- The ramifications of EIS and Business Relief rules
- The impact of complex arrangements in Shareholders Agreements and Articles of Association
- The value of highly volatile assets and the effect that these assets can have on the probate process.
We are especially mindful of the sensitivities that can arise in family matters, particularly concerning probate and the potential for intra-family disputes.
Our valuation reports are designed to be easily understood by all parties involved and always include detailed supporting arguments for how a valuation was reached; this is particularly important in cases where the valuation may be challenged, either at the time or even long afterwards.In addition
Athla can advise to clients with regards to:
- The options available to executors and their advisers in respect of corporate actions issued during probate calendars (often the case with angel investments),
- Once probate has been proved, providing opinions to assist executors with the selection of assets for distribution,
- Acting as trustees in cases where discretionary trusts are recommended / used,
- Acting as a professional executor for individuals who have a large unquoted investment portfolio.
Estate planning
Valuing private companies and other assets for Estate Planning purposes often comes with additional complexities and is an area in which Athla has considerable expertise.
These can include, for example:
- Dealing with high net worth investors with large, diverse investment portfolios who often continue to invest into old age, both directly and on behalf of family members as well – not always with their knowledge.
- Understanding often complex tax implications - both short and long term.
- Having to value a wide range of different assets as part of the overall valuation including real estate, IP, equity and other untypical asset classes such as art, antiques, royalties etc.
