Valuation of Partnership Interest

Partners are collectively entitled to each and every asset of the partnership, in which each of them has an undivided share. But without knowing an exact value, how can a partner structure the value of his business for estate planning? If a new partner joins the firm how will the current distribution of assets be affect partnership interest? What happens if one of the partners decides to leave the business? If the partners sell the business or merge with another firm how are partnership interests affected?

In the absence of express provision in the partnership agreement, all the partners have an interest in the entirety of the partnership property, but no partner has the right to any particular asset within the partnership property to the exclusion of the other partners. In order for partners to have a clear idea of exactly what their individual partnership entitles to them to, a professional valuation of partnership interest should be performed.

You need a professional Valuation of Partnership Interest in the following cases:

• Partnership Dissolution
• Divorce
• Estate Planning
• Business Sale
• Financial Planning