Articles Written by Robert Vance about Divorce, Personal Injury, Business Valuation, Etc.
On this page you can find Robert Vance's Curriculum Vitae, articles and sample reports in downloadable PDF form.
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Robert Vance Curriculum Vitae
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Forensic Accounting/Economics Note Card Series
Our Note Card Series featuring the 5 Essential Elements to calculating economic damages in a wrongful death and personal injury case.
A Little Humor
I don't know if this is real, but it sure is funny.
Articles Written by Robert Vance
As Published in Tennessee Bar Journal, August 2009 - A detailed analysis of property division and alimony need and ability to pay
As published in Valuing Professional Practices and Licenses: A Guide for the Matrimonial Practitioner, Third Edition, April 2012
As Published in the American Bar Association Section of Family Law Newsletter - the AICPA Corner, March 2010
Expert Alphabet Soup – Jumble of Letters Represent Significant Expert Titles for Litigants and Judges
As Published in Memphis Business Journal, Special Litigation Section, June 12, 2009
As published in the Memphis Business Journal, June 23, 2006
As Published in Memphis Business Journal, February 2004
As Published in Memphis Lawyer, January/February 2003 | The Magazine of the Memphis Bar Association
As published in the August 2002 issue of Family Practice | The Newsletter for the Family Law Section of the Tennessee Bar Association
As Published in Tennessee CPA Journal, June 2001 | A Publication of the Tennessee Society of CPAs
Sample Reports & Other Items of Interest
Robert Vance testified as the expert witness in this case in Knoxville, TN. Vance valued the orthodontic practice at $700,000 using a combination of the Market Transaction Method with data from the Goodwill Registry and the Capitalization of Net Cash Flow Method. The opposing expert valued the practice at $224,000 using the Adjusted Net Asset Value Method, which was lower than the price Husband paid for the practice a few years before. The Trial Court ultimately ruled the value to be $500,000 which was a value placed on the practice personally by the Husband in several personal financial statements filed with banks. The Trial Court was very aware that the $500,000 value did include an element of goodwill.
Robert Vance testified as the expert witness in this case in Brownsville, TN. Fair Market Value Standard as in IRS Rev. Rul. 59-60 does not have to be strictly followed when valuing a business in a divorce. Business owners can be held to values declared by them in personal financial statements submitted to banks. Credentials and experience of business valuation analysts are critical.