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The standard Lorem Ipsum passage, used since the 1500s
"Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat. Duis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla pariatur. Excepteur sint occaecat cupidatat non proident, sunt in culpa qui officia deserunt mollit anim id est laborum."
Section 1.10.32 of "de Finibus Bonorum et Malorum", written by Cicero in 45 BC
"Sed ut perspiciatis unde omnis iste natus error sit voluptatem accusantium doloremque laudantium, totam rem aperiam, eaque ipsa quae ab illo inventore veritatis et quasi architecto beatae vitae dicta sunt explicabo. Nemo enim ipsam voluptatem quia voluptas sit aspernatur aut odit aut fugit, sed quia consequuntur magni dolores eos qui ratione voluptatem sequi nesciunt. Neque porro quisquam est, qui dolorem ipsum quia dolor sit amet, consectetur, adipisci velit, sed quia non numquam eius modi tempora incidunt ut labore et dolore magnam aliquam quaerat voluptatem. Ut enim ad minima veniam, quis nostrum exercitationem ullam corporis suscipit laboriosam, nisi ut aliquid ex ea commodi consequatur? Quis autem vel eum iure reprehenderit qui in ea voluptate velit esse quam nihil molestiae consequatur, vel illum qui dolorem eum fugiat quo voluptas nulla pariatur?"
1914 translation by H. Rackham
"But I must explain to you how all this mistaken idea of denouncing pleasure and praising pain was born and I will give you a complete account of the system, and expound the actual teachings of the great explorer of the truth, the master-builder of human happiness. No one rejects, dislikes, or avoids pleasure itself, because it is pleasure, but because those who do not know how to pursue pleasure rationally encounter consequences that are extremely painful. Nor again is there anyone who loves or pursues or desires to obtain pain of itself, because it is pain, but because occasionally circumstances occur in which toil and pain can procure him some great pleasure. To take a trivial example, which of us ever undertakes laborious physical exercise, except to obtain some advantage from it? But who has any right to find fault with a man who chooses to enjoy a pleasure that has no annoying consequences, or one who avoids a pain that produces no resultant pleasure?"
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Divorce and Family Business Assets
Going through a Separation and have a family business?
When relationships break down, the division of assets can become a complex and contentious issue. This is particularly true when a family-owned business is involved.
In family law matters, an accurate and independent business valuation is critical to ensuring a fair and equitable division of assets. But how do you assess its true worth?
Business valuations provide an objective assessment of a business’s worth, helping to establish a fair market value that both parties can rely on during negotiations. Without a proper valuation, one party may undervalue or overvalue the business, leading to disputes that can prolong or break down negotiations, cause any mediation process to fail, and increase the chances of the matter escalating to very costly litigation that can go on for years.
In the event that parties cannot negotiate their financial terms, mediation is often a preferred alternative to lengthy and expensive court proceedings. A well-documented business valuation helps provide clarity and transparency, allowing both parties to negotiate with confidence. This reduces the likelihood of disputes and helps reach an amicable settlement more efficiently, saving time and legal costs for both parties.
For many families, a business is not just a source of income but a significant financial asset. A thorough valuation considers tangible and intangible assets, including goodwill and future earnings potential. By understanding the true worth of the business, both parties can make informed decisions that secure their financial future post-separation.
Separation Support Network works with our clients to attain business valuations for their business to help them understand the fair market value of this important asset. We strive to help our clients negotiate the terms of their financial arrangements so that both parties can continue to protect the family busines, avoid unnecessary legal distractions. We help you to have the capacity to continue to running the business without being highly distracted and worn out by lengthy legal battles.
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