‘Essentials’ track offered at National Divorce Conference
Valuation experts have a lot of sessions to choose from at the National Divorce Conference in Las Vegas May 8-10.
Special workshop on TCJA and divorce engagements
The Tax Cuts and Jobs Act (TCJA) affects practically everything in valuation, especially in divorce engagements.
Valuation experts should not practice law
One of the pieces of advice you’ll undoubtedly hear at the National Divorce Conference in Las Vegas May 8-10 is that a valuation expert should not practice law without a license.
For goodwill, sometimes simpler is better
In last week’s BVWire, we covered a divorce case in which the husband’s valuation expert used the multiattribute utility model (MUM) framework for separating personal and enterprise goodwill.
In court, a picture is worth a thousand numbers
For an appraiser to be a good expert witness, he or she must be able to explain highly technical and complex financial concepts in a simple way.
Tip for finding hidden assets in divorce
Parties to a divorce often play hide-and-seek with assets so the valuation expert often has to help ferret them out.
More on the alimony deduction
Our coverage of the recent AICPA Forensic & Valuation Services Conference sparked a few comments from readers concerning the elimination of the tax deduction for alimony that becomes effective December 31.
Hear from nationally recognized experts at the AAML/BVR National Divorce Conference
Join your colleagues and top thought leaders at the highly anticipated AAML/BVR National Divorce Conference in Las Vegas, May 8-10, 2019. This one-of-a-kind event brings together leading matrimonial attorneys and financial experts to share their knowledge and critical insights on cutting-edge topics.
Agenda released for 2019 AAML/BVR National Divorce Conference
The agenda is now available for the National Divorce Conference to be presented by BVR and the American Academy of Matrimonial Lawyers (AAML) in Las Vegas, May 8-10, 2019.
Save the date! 2019 AAML/BVR National Divorce Conference
BVR has joined forces with the American Academy of Matrimonial Lawyers (AAML) to present the National Divorce Conference in Las Vegas May 8-10, 2019.
Arkansas court clarifies law on personal goodwill in a nonprofessional business
In divorce cases, Arkansas has followed the rule that enterprise goodwill is marital property but personal goodwill is not.
Using Jensen’s Alpha to Separate Active and Passive Appreciation
The author presents an alternate approach (Jensen’s alpha) to segregating passive from active increases in the value of a marital asset. An example is presented of an automobile dealer.
Letter to the Editor: Response to Article on Separating Active and Passive Appreciation in the Value of a Marital Asset
The author says there are flaws in Dr. Ashok Abbott’s approach to segregating passive from active increases in the value of a marital asset—and he presents an alternate approach.
NJ court’s goodwill ruling comes in for harsh criticism from appellate panel
The flashpoint in a protracted New Jersey divorce proceeding was the valuation of the owner spouse's equity partner interest in a large law firm. A critical issue was whether the value of the interest should include an additional amount stemming from the firm's enterprise goodwill. The trial court's decision elicited stinging criticism from the appellate court.
WA court’s goodwill analysis looks a lot like appreciation analysis
A recent Washington state divorce case included a noteworthy discussion of goodwill where the owner spouse’s business arguably was separate property. Divorce experts will notice that the court’s goodwill analysis has much in common with an appreciation analysis.
New Tennessee law streamlines DLOM use in divorce valuation
When and whether to apply a discount for marketability in divorce valuations has been an open question in Tennessee, owing to some confusing court rulings. However, a recent amendment to the Tennessee Code seeks to provide clarity to valuators handling divorce cases in this jurisdiction.
Comments wanted on simplified MUM for personal goodwill
What do you think of this method a valuation expert and forensic accountant uses for allocating goodwill between its enterprise and personal components?
Guidance for valuators on Washington state double dip jurisprudence
Double dipping is a tricky issue because different states have developed different approaches to it. Valuators specializing in divorce issues must know the controlling case law in the state in which they practice. A recent decision by the Washington state Court of Appeals clarifies its state's analytical framework in a case featuring a successful management consulting business the husband had set up and grown during the marriage.
Valuation of key marital asset demands expert opinion
In a Mississippi divorce, the husband's sole-owned fitness training company was the key asset. An accurate valuation was central to achieving an equitable distribution of property, but the parties did not hire experts or even submit much financial information to the trial court.
Florida court explores scope of active/passive appreciation
A Florida appeals court examines the issue of whether the increased value of stock from a company for which the owning spouse works can be a marital asset and subject to distribution.
Industry-specific empirical support for passive appreciation
A survey is open for respondents to indicate which industries they would like to see analyzed for economic causal factors and their elasticities in order to better determine passive appreciation in business assets in a divorce context. The resulting analyses will be published.