Resources ∴ Valorem Nuntius

One Minute to be Shared – posted August 9, 2013

According to Gallup’s most recent poll, as reported in the Harvard Business Review, engagement among US workers is holding steady at a scant 30%. David Kinney discusses this trend and ways to keep employees motivated in his article and YouTube video. To view the video click here.

To view the publication click here.

 

Traditional Business Valuations vs. IP Valuations – posted July 23, 2012

Business Valuation Resources’ website contains a summary about the publication “BVR’s Guide to IP Valuation”.  The summary, entitled “What is the difference between typical business valuation and IP valuation?” states that:

“Business valuation engagements typically constitute consideration of the entire enterprise, including all historical and reasonably prospective value propositions. For example, a business owner wants to have a gas station appraised for estate planning purposes. It is straightforward to specify this job and come to a mutual understanding of the work effort.

IP is more difficult because IP represents a right that may comprise a unique set of restrictions. Restrictions may include a geographic restriction (a national border at the broadest level or a geographic region at a contractual level), a market restriction (perhaps through a trademark specification), or, a product restriction (perhaps through a patent specification), among others.”

To view the BVR post click here.

As a specialist business valuation firm, Sanli Pastore & Hill’s has conducted a multitude of traditional business valuations as well as intellectual property valuations.  SP&H’s superior valuations of intellectual property and intangible assets are sought after by executives, attorneys and professional advisors for both transactions and litigation.  Our extensive research and creativity produce unparalleled results that withstand the highest levels of third-party scrutiny.  Contact us for more information.

 

Successful Managing of Financial Windfalls - posted July 19, 2012

The California CPA: June 2012 article entitled: “Jackpot! Now What?” identifies the factors that should be addressed in the event of a sudden and significant financial windfall similar to that which Facebook employees enjoyed after the Facebook IPO.  The article states that “Wealth brings complexity that can be overwhelming to those who previously had simpler financial lives. For example, they may now need to consider estimated tax payments and upgrading insurance coverage now that they have more to protect—or new estate planning concerns may arise.”

After a person has gained substantial assets, it is of paramount importance to have a trusted advisor to help understand the value of those assets.  At Sanli Pastore & Hill we take a team approach in estate and gift tax valuation services and work with a top-flight group of professionals including attorneys, CPAs, private bankers, and financial planners.

For more information about estate and gift tax services click here

To view the whole Cal CPA article click here

 

Transparency and Risk Management: Center Stage of the Global Financial Marketsposted July 11, 2012

Sanli Pastore & Hill’s capital markets partner, New Oak Capital, has released a new article: “Transparency and Risk Management: Center Stage of the Global Financial Markets”.

The article analyzes the necessity of having risk management and transparency in place as part of the regulatory reforms.  It further discusses the effects of reforms in the global, U.S. and OTC markets.  Capital markets expert, Ron D’Vari, looks at centralizing counterparty risks as a solution to the challenges of the new regulations.    In particular, the section entitled, “Considerations for Collateral and Liquidity Management” lists specific areas that need to be considered in order to stay ahead of the regulatory changes.

To view the article click here.

 

Clarity, Character, and Composure: The 3 C’s of Expert Witness Etiquetteposted July 11, 2012

by Thomas Pastore & Forrest Vickery

In litigation the role of an attorney is to act as an advocate for his or her client.  The role of the expert witness, however, is to be objective.  Effective expert witnesses produce independent supportable opinions through strong Character, present their work with Clarity, and deal with intense third-party scrutiny with Composure.  These “Three C’s” of etiquette enable an expert witness to maintain impartiality and achieve successful results throughout the turbulence of litigation.  Those include Character, Clarity and Composure.

Click here to see the full article, published in New Oak Capital’s newsletter.

Intellectual Property Valuations Becoming Critical for Bank Loans - posted June 15, 2012

By Thomas Pastore

This past week, the Financial Times published an article entitled Banks eye intangible assets as collateral.  The article states that the Basil III rules taking effect in January 2013 will result in higher safety capital requirements for banks.  As a result, banks are seeking to make loan deals in which an insurer agrees to buy a borrowers intellectual property (“IP”) at a fixed price in case of a default.  Banks wish to use IP collateral to reduce estimates of expected losses from loan defaults which in turn reduces the risk weight of the loan and overall capital requirements.  This could make it easier for banks to lend to technology, start up, and other companies whose primary assets are IP.

For the past 20 years, SP&H has been valuing IP and other assets to assist financial institutions in evaluating existing and prospective loans.  IP comprises a significant portion of most companies’ assets, and it is only common sense that it be considered as collateral.  There are arguments that IP is difficult to value, and therefore, should not be considered collateral.  However, that is why specialist valuation firms, like SP&H, should be retained to value IP, just as a bank would hire appraisers to value inventory, real estate and machinery and equipment.  Our world is becoming more technologically complex on a scale never experienced before.  IP will continue to grow in importance to business operations.  Financial institutions and government regulators must acknowledge and adapt to this.  Retaining independent specialist valuation professionals to perform IP appraisals is a step in the right direction.

 

Estate and Gift Tax Sunset Clause Update - posted June 1, 2012

From an Article By James L. Greene

The relatively favorable estate and gift tax structure Congress has allowed for the past two years is in danger and could change drastically on January 1, 2013. Based on the recent partisan gridlock it is unlikely Congress will have time to take positive action on this matter as they will only have from November 7th until they adjourn for the year in December to agree.

In 2012, an estate with a net value of $5,120,000 or less is exempt from the estate tax. In addition, the exemption allows individuals to make gifts during their lifetime of up to $5,120,000 before December 31, 2012 without incurring a gift tax. However, these exemptions apply only until December 31, 2012. Unless Congress and the President take action, the favorable exemptions will expire and, as of January 1, 2013, the estate and gift tax exemptions will fall to $1,000,000 and the tax rate on transfers above the exemptions will increase from 35 percent to 55 percent.

The bottom line is that the Federal estate and gift tax rules for 2013 and beyond will presumably not be known until after the election. Even then, Congress might not have time to extend these current favorable rules before they sunset.

To read the full article click here

 

Estate and Gift Tax Sunset Clause - posted May 1, 2012

SP&H wants to remind you that 2012 is the year to do gifting because the Sunset Clause will kick in next year. The Sunset Clause will result in a reduction of the lifetime gifting credit from $5million to $1million and a tax rate increase from 35% to 55%. Sign up here for our newsletter for more information and updates about the current Sunset Provisions.

 

Charter Schools - posted April 10, 2012

SP&H shares the beliefs of the Atlantic Legal Foundation that all parents, no matter what their economic circumstances, should be able to avoid failing public schools where their children are not being educated. According to the ALF’s web publication, “Charter schools give parents this choice. Free from many of the stultifying regulations that govern traditional public schools, charter schools are at once more flexible than such schools and more accountable for student academic achievement. By cutting red tape and making performance a top priority, charter schools both increase educational opportunities for students and inspire the strong commitment of teachers, parents and citizens.”

 

It’s Tax Time!!!posted March 5, 2012

It is Tax Time!! And SP&H provides comprehensive valuations for financial and tax reporting that meet the regulatory requirements promulgated by the FASB and IRS. Check out this link for more information.

 

Sanli Pastore & Hill is Celebrating its 20th Year!!! – posted January 1, 2012

Sanli Pastore & Hill, Inc. is proud to be celebrating its 20-year anniversary. We will be hosting several events over the course of the year and look forward to celebrating this milestone and our continued success with all of you.

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