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Valuing Family Limited Partnerships—Empirical Data Overview: Closed-End Fund Overview & Analysis

 Valuing Family Limited Partnerships—Empirical Data Overview: Closed-End Fund Overview & Analysis
CPE Credit

Program Type: Recorded Webinar (Audio, PPT Presentation)
Program Level: Basic
Prerequisites: Previous training or experience with the fundamentals of accounting, finance, economics, and business writing.
Advanced Preparation: None
Delivery Method: Group Internet-Based
CPE Credits: One (1) Hour
Fields of Study: Administrative Practice (Consulting)
Item Number: 15PBV0501
Shipping Weight: 0lbs. 0oz.
Price: $80.00
Program Description

This segment will introduce attendees to the use of closed-end mutual funds, which are commonly used by valuation analysts to estimate discounts for lack of control in family limited partnerships that hold marketable securities. The presentation will include a historical background and overview of the intricacies of closed-end funds, as well as an overview of how a particular fund’s discount from net asset value translates into an indication of a discount for lack of control, which can be applied in appraising an interest in a closely-held family limited partnership. Attendees will also be introduced to the various sources where they can obtain such data for use in their reports.

Learning Objectives

After completing this webinar, attendees will be able to:

- Combine the relevant data source with the requirements of their valuation engagement
- Analyze the data contained in this source in order to estimate a defendable discount for lack of control
- Summarize the relevant portions of the empirical study in their valuation reports

Who Should Attend

Valuation analysts of all levels, estate and tax attorneys, tax preparers, and estate planners


Peter Agrapides, MBA, CVA
Mr. Peter Agrapides is a principal with Western Valuation Advisors, where his practice focuses primarily on valuations for gift and estate tax reporting, litigation support, financial reporting, and buy-sell engagements. These engagements have ranged from the valuation of small, family owned businesses to companies with over $1 billion in revenue.

Mr. Agrapides has extensive knowledge of valuation related judicial case law. He produces a regular column in The Value Examiner®, a national professional development journal published bi-monthly by the National Association of Certified Valuators and Analysts™ (NACVA®). Mr. Agrapides’ column highlights both federal and state-level court opinions. Mr. Agrapides also produces a monthly column that appears in NACVA’s QuickRead™ and KeyValueData’s Case Law Monitor. He is also a frequent lecturer on the subject of judicial perspectives and trends in the valuation profession.

Mr. Agrapides was elected to serve on NACVA’s Valuation Credentialing Board in 2010 and is a member of the Current Update in Valuations instructor team.

Mr. Agrapides was named NACVA’s Outstanding Member in November 2010.

Mr. Agrapides received his BA in economics from the University of Utah and MBA from the Gore School of Business at Westminster College in Salt Lake City, Utah. Mr. Agrapides holds the Certified Valuation Analyst® designation from NACVA.