Valuation can be prepared for a specific date, both past, present and future.

Decides to adopt reliable methods of measurement and data acquisition that will allow to estimate the cost of reasonable accuracy.

In case of disputes resolved in court very often the case that the value of compensation must be determined based on the valuation of certain intangible asset or a legal date a few years ago.

Well, lawsuits can take several years and an expert witness may be called to give such an opinion at the end of the process.