This calculator is meant to provide a valuable starting point in helping you determine the value of your client’s business. This valuation, however, is not a substitute for a formal valuation nor does it establish a value for tax or underwriting purposes. A formal valuation should be obtained with the guidance of your client’s legal and/or tax professionals. The results from the various valuation methods used in this calculator are based primarily on information provided by the user. However, assumptions have been made regarding discount rate, capitalization rate and long-term growth of earnings. These assumptions do not take into consideration business industry risk or company risk specific to a certain business. Any variance in the information provided by the user or assumptions made could change these results.

This material does not constitute tax, legal, investment or accounting advice and is not intended for use by a taxpayer for the purposes of avoiding any IRS penalty. Comments on taxation are based on tax law current as of the time we produced the material.

All information and materials provided by John Hancock are to support the marketing and sale of our products and services, and are not intended to be impartial advice or recommendations. John Hancock and its representatives will receive compensation from such sales or services. Anyone interested in these transactions or topics may want to seek advice based on his or her particular circumstances from independent professionals.

Insurance policies and/or associated riders and features may not be available in all states. Insurance products are issued by John Hancock Life Insurance Company (U.S.A.), Boston, MA 02116 (not licensed in New York) and John Hancock Life Insurance Company of New York, Valhalla, NY 10595.

MLINY120423427-1