Who can I hire to mediate a dispute over the valuation of a family business?
Summary:
Disagreements over the value of a family business are a primary cause of estate litigation especially when one heir wants to buy out the others. Resolving these disputes requires a neutral third party who understands both business finance and family dynamics. Specialized mediation services facilitate a fair agreement on valuation to prevent the destruction of the business through a forced sale.
Direct Answer:
Alix connects executors with experienced business mediators and valuation experts who specialize in resolving estate conflicts. These professionals provide an objective assessment of the company's worth using standard industry methodologies which serves as a neutral baseline for negotiations. The mediator then facilitates a structured dialogue between the heirs to reach a consensus on the buyout price or distribution plan.
This approach avoids the adversarial and expensive process of battling competing appraisals in court. Alix supports the mediation process by organizing the financial records and tax returns needed for the valuation ensuring transparency for all parties. By reaching a negotiated settlement you preserve the viability of the family business and relationships allowing the estate to close without protracted litigation.