Boston, MA, February 9, 2004 – Dr. Stan Feldman, Roger Winsby, and Matt O’Connor, Esq. of Axiom Valuation Solutions contributed a key chapter on the role of business valuation in financial and estate planning for business owners in the recently published book, The Team Approach to Tax, Financial & Estate Planning, published by the American Institute of Certified Public Accountants (AICPA). This book is designed for both the new CPA who wants to incorporate financial and estate planning in his/her practice, as well as for experienced practitioners.

The Team Approach to Tax, Financial & Estate Planning educates CPA practitioners in the various disciplines and sub-specialties of financial services, that may not be present in every firm, but which are essential to growing a financial services practice. For this team the CPA may choose to bring together outside accountants, attorneys, insurance brokers, real estate agents, business valuation experts, stockbrokers, management consultants, psychologists, or others.

Under the editorial direction of Lance Wallach (CLU, ChFC, CIMC), experts in these various fields contributed practical descriptions of the types of expertise needed, and the key issues that CPAs should know about in each area to enable them to effectively play the quarterback role.

For established business owners, a business valuation is the necessary precursor to almost all aspects of their financial and estate planning. For business owners who are in the leading edge of the baby boom, i.e., now in their late 50s, time is of the essence to get these financial and estate plans in place. The movement of the entire baby boom through business owner transition over the next decade offers incredible potential for CPAs to put the lessons of this chapter and book in practice to assist in this enormous transfer of wealth. The chapter written by the Axiom team addresses the key valuation issues that CPAs to be aware of, and how the business valuation can serve as a catalyst for business owner decision-making on plans.

Axiom Valuation Solutions is based in Wakefield, MA. The company under the direction of Chairman Stan Feldman, Ph.D. and President Roger Winsby provides expert certified business valuation services and expert consulting, including acquisition purchase price allocation and goodwill impairment testing. The company’s services are sold primarily by referral through CPAs, lawyers, and financial advisors. The company also offers a unique business value estimate service that financial advisors and CPAs recommend for their business owner clients who need timely, cost effective, and reliable value answers to start making the necessary plans for their eventual transition out of the business and for minimizing the risk along the way. For more information, go to www.AxiomValuation.com.