This Valentine's Day, many need to know what their love is worth, after the thrill is gone



    
    Chartered Business Valuators play an increasing key role in the post-
    marriage division of assets process
    

    TORONTO, Feb. 11 /CNW/ - Valentine's Day this year comes in the midst of
an economic crisis that, with job losses rampant and asset values plunging, is
making the difficult task of dividing family assets even more challenging in
the quest for a fair and equitable solution. Canada's Chartered Business
Valuators (CBVs) are supplying key information and contributing to
less-acrimonious dissolutions, by determining the value of business interests
and investment portfolios that can lead sometimes to swifter and less-costly
settlements. Participation by CBVs in post-marriage asset division actions has
been consistently increasing on a year-over-year basis.
    While The Canadian Institute of Chartered Business Valuators (CICBV)
expects most couples will be celebrating the special day this weekend, for
those mired in the process of dissolving a marriage, it can be a day of much
less joy as they wrestle with putting a value on assets to be divided, in
addition to the emotional strain that can naturally result from family
break-up.
    A Chartered Business Valuator (CBV) is a highly trained professional -
independent and objective in perspective -- versed in finance, management, tax
and the litigation process. CBV's have become an integral, and sometimes
necessary element in the marriage dissolution process, providing attested
valuations on all manner of assets, resulting in speedier and more equitable
resolutions, and possibly lowering other costs.
    If one spouse or the couple should have a business, for example, a CBV
will take stock of the couple's assets, and research the industry in which the
business operates within to gain a better understanding of current trends,
opportunities, challenges and risks. They use measures such as the company's
expected future earnings to place a value on the business.
    CBV valuations on investment portfolios can also be crucial to assisting
the court in determining in fairness and equity in the division of assets in
divorce proceedings. As most investments, either directly or through various
funds, deal with private and publicly traded companies, getting a firm grip on
the value of those underlying assets is critical to arriving at a solution
that will be acceptable to both parties or stand the test of cross examination
if necessary.
    "The work of a CBV is done objectively, and the valuations of CBVs are
most often accepted as expert evidence in Canadian courts of law," said
Jeannine Brooks, President and Chief Executive Officer, The Canadian Institute
of Chartered Business Valuators. "CBVs can actually help to tame the emotions
of such situations by providing a well prepared and supportable business
valuation for their client.  It can help to give individuals going through
this process some peace of mind."

    Established in 1971, The Canadian Institute of Chartered Business
Valuators is nationally and internationally recognized as the pre-eminent
business valuation organization in Canada. The Institute develops and promotes
high professional standards governing a membership of more than 1,200
professionals providing business valuation and related financial expertise.
    A Chartered Business Valuator is an expert who quantifies the worth of
all or part of a business or its securities, including intangible assets.





For further information:

For further information: about CICBV please contact: Natasha Carr, BA
(Hons), Public Relations & Communications Coordinator, The Canadian Institute
of Chartered Business Valuators, Telephone: (416) 977-1117 ext. 225,
carrn@cicbv.ca; For interviews with CBV executives, please contact: Rick Hall,
RICK HALL PR, Telephone: (416) 967-6773, rickhall@rickhallpr.com

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The Canadian Institute of Chartered Business Valuators

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