Beware of attack on your transactions method
An article in the Spring 2019 issue of Family Lawyer magazine shows how a lawyer can attack a valuation expert’s use of the guideline company transactions method for a small- to medium-size firm.
Conference season! BVWire hits the road
What blooms in spring? BV conferences, of course!
Updated goodwill chart and map for divorce cases posted
BVR recently updated its complimentary download “Charting Goodwill Jurisprudence” to give you an at-a-glance look at a state’s basic position toward enterprise and professional goodwill.
How to cultivate the biggest source of referrals
Attorneys account for the largest share of business for BV experts and valuation analysts.
Equal split of attorneys and financial experts at divorce confab May 8-10
So far, an almost equal split of attorneys and valuation/accounting experts will be attending the National Divorce Conference in Las Vegas May 8-10, presented by BVR and the American Academy of Matrimonial Lawyers (AAML).
Valuing luck in a business caught up in divorce
In most states, the active appreciation of a premarital asset is includible in the marital estate while passive appreciation is not.
For a divorce, how many components are there in goodwill?
In divorce cases, it may be necessary to carve up goodwill because, in many jurisdictions, enterprise goodwill is marital property, but personal goodwill is not.
How to support subjective areas of valuation
Gone are the days when you could support your opinion by simply saying, “It is based on my professional judgment.”
Tricks of the trade in detecting rigged valuations
Did you ever read a business valuation report where you knew the valuation was rigged to obtain a higher or lower value?
A Dozen ‘Don’ts’ to Help Survive a Divorce Engagement
The nuances of divorce valuations and testifying in court create difficulties that make divorce engagements especially challenging.
BVU News and Trends March 2019
A monthly roundup of key developments of interest to business valuation experts.
‘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.
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.
Can a nonprofessional business have personal goodwill? Arkansas court explains
Arkansas is one of the many states that differentiate between enterprise goodwill and personal goodwill. The former is marital property and divisible at divorce; the latter is not. A question that has come up in recent years is whether the owner of a nonprofessional business can claim personal goodwill whose value is excludable from the marital estate.
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.
Tenn. Appeals Court says DLOM in divorce appropriate under facts of case
A recent Tennessee appeals court decision found that the trial court presiding over a drawn-out divorce had discretion to apply a marketability discount when it valued the owner-spouse’s interest in two companies in 2016.
Tennessee appeals court allows slight DLOM in divorce case
Valuators working on divorce cases in Tennessee know that the jurisprudence on the use of the marketability discount has been nebulous.
Atherton v. Atherton
Arkansas Court of Appeals rejects claim by owner of nonprofessional business that any value in business represents personal goodwill attributable to him; court says concept of personal goodwill has not been extended to nonprofessional business “such as the one involved here.”