In this episode of Divorce at Altitude, Ryan Kalamaya engages with Ron Seigneur, a seasoned expert in business valuations, to dissect the complexities and nuances of evaluating closely held businesses amid divorce proceedings. With the holiday season approaching, and everyone looking for discounts, this conversation is particularly timely as it explores the financial intricacies involved when a business is part of the marital assets.

Episode Highlights:
- Valuation Basics: Ron Seigneurelaborates on the foundational aspects of business valuations, including the different types of value—fair market value, fair value, and investment value—and how these impact the final valuation in a divorce scenario.
- Discounts and Goodwill: The discussion delves into the critical concepts of marketability discounts and the distinction between enterprise goodwill and personal goodwill, shedding light on their relevance in divorce valuations.
- Legal Precedents: The episode examines key legal precedents affecting business valuations in Colorado, particularly the implications of the Thornhill case, which introduced flexibility in applying different valuation standards.
- Volatility and Future Projections: Ron discusses the challenges of valuing businesses amid economic volatility and the increasing relevance of forward-looking financial models in today's dynamic market conditions.

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Remember, this podcast serves as an educational platform and is not a substitute for professional legal advice. Consult with a qualified attorney for guidance tailored to your specific situation.

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.