Linda D. Schoonover
1301 S. International Parkway
Lake Mary, FL 32746
The law office of Linda D. Schoonover provides individuals, families and businesses through out Florida with exceptional legal service in a cost effective, efficient, and results- oriented manner. Linda D. Schoonover, P.A. provides personalized legal advice and representation to each client based on their backgrounds, needs and objectives. Our firm provides sound legal advice and representation in the areas of: Divorce / Dissolution of Marriage, Custody/Child Support, Post Judgment Modification, Appeals, Mediation, Probate.
The hallmark of our firm is client service. Linda Schoonover is well aware of the stress that legal proceedings add to a difficult situation, and we strive to advise clients of their legal rights and complete the process as quickly and efficiently as possible. We stress a balance of aggressive representation with recognition of the bottom line. Toward that end we often achieve prompt resolution of cases via settlement, and have successfully represented clients in mediation. Our track record of success both at the trial court and appellate level shows our ability to successfully fight for the rights of clients when necessary. Please contact us today for further information about how we can help you.
Valuation of a closely held business is a sensitive issue. It involves a lot of variables and factors. But the most controversial issue is "discounting". It means reducing a certain % of the business fair market value for estate tax purposes due to lack of marketability (because it is a family business) or minority ownership where the beneificiaries will have trouble selling the business and raising the necessary cash to pay the estate tax for the deceased owner.
There are many litigations and court cases in business valuation for estate tax purposes. I would suggest to have a couple certified apprasiers to do a couple different valuation appraisals if the value of the business is significant.