Adverse remortgage : Highland Global Business Valuations Announces Release of 1st Quarter 2007 Update to 'Discount Statistics of Closed-End Funds'

Highland Global, LLC Business Valuation founder Robert M. Clinger III is pleased to announce the release of its 1st Quarter 2007 Update to its quarterly research on "Discount Statistics of Closed-End Funds." Selecting an appropriate discount applicable to minority interests in family limited partnerships is a challenge for financial analysts and business appraisers. The assumptions that the analyst makes are particularly important and may come under intense scrutiny should the value conclusions be challenged by the IRS or the Tax Courts. Given that the selection of the appropriate discount is based on the reasoned, informed judgment of the analyst, supporting the discount with appropriate comparable data or empirical evidence is necessary to avoid potential confrontations with the IRS and adverse financial ramifications for the minority interest holders, heirs, etc. As a reference point for selecting the applicable discount for a minority interest in a family limited partnership, the analyst may consider discounts associated with shares in publicly traded closed-end funds as well as the relationship between the volatility of the fund (the fund's beta), the focus/objective of the fund, and the characteristics of the interest being valued. (PRWeb May 19, 2007)