Clients are always seeking to protect their personal and business assets. Business and personal relationships are always evolving and unfortunately some clients' personal relationships do break down.
Advisers need to be proactive in seeking to limit clients' potential exposure in advance of a separation and these materials consider the more relevant asset protection strategies that may assist them.
Clients that are involved in business face more complex issues. Hugh McPharlin discusses the various valuation methods of businesses and the needs of independent valuation reports in the event of a relationship breakdown.