She said this was especially so where, as in the case in question, the scheme administrator
required valuations of the assets transferred to discharge the debt and top up payments, if necessary, from the member.
Not exact matches
Net Worth Test — Verify a bank statement,
asset valuation, tax assessment, or statement
of securities holdings and
require a written representation that all liabilities have been disclosed to provide an accurate representation
of net worth.
Haircut: A haircut is a percent reduction
required to certain
valuations of assets included in a firm's net capital calculation.
Graham also developed the concept
of margin
of safety which
requires purchasing
assets below a conservative
valuation of the business.
He works with both traditional divorces, and large cases that
require complex business
valuation, framing
of assets, net disposable income, taxation and all aspects
of complicated financial matters involved in such cases.
If the
valuation of property or
assets is
required, the parties agree to engage joint neutral experts, rather than individually retained experts.