Vance to Present 2 hour CLE for the Chattanooga Bar Association Family Law Section on Dec. 6, 2023
Robert will present the seminar covering four main topics: 1) Business Valuation-What Family Law Attorneys Need to Know, 2) Business Valuation and Case Law-Where Are We on Personal Goodwill?, 3) Interpreting and Understanding Income from W-2s, K-1s and Form 1040, and 4) Complex Forensic Accounting concepts learned from cases in which experts from my firm testified-Byrd, Schwager, Tarver and Lucchesi.
Who benefits from this seminar? Family law practitioners: attorney associates, partners and paralegals.
Business Valuation-Learn about the three Approaches to Business Valuation for closely-held companies, Why are opposing expert values different?, Normalizing expense adjustments, Weighting of economic income streams, Weighting of values in the conclusion, Capitalization rates and Discounts for Lack of Control & Marketability.
Case Law-Learn about the most important case over the years and which ones included enterprise goodwill and which ones did not and why and how to estimate personal goodwill using the Multi-Attribute Utility Model (MUM) and other techniques.
Interpreting and Understanding Income-Learn what forms to ask for and what to do with them once received. What is the true income and other information learned from a W-2 and K-1; how do those flow through to a Form 1040?
Complex Forensic Accounting concepts such as Finding true income for support from the company books, Methods to determine if one has ownership of a company or not, Imputing income for support, Valuing a business at date of marriage and How to value marital assets if no proof is offered.