Divorce and the Impact of Business Valuations on Support and Equitable Distribution
Navigating Application and Defense of Valuation Discounts and Complexities of Personal Goodwill
Recording of a 90-minute CLE webinar with Q&A
This CLE course will prepare family law counsel for the complexities of business valuations during a divorce, including how to apply and defend against valuation discounts and ways to approach the analysis of personal goodwill.
Outline
- Valuation discounts
- Personal goodwill
- Issue of double dipping
- Impact on support and equitable division
Benefits
The panel will review these and other key issues:
- How does the application of a valuation discount impact income determination of the parties, support and equitable division?
- When are valuation discounts appropriate and how can they be attacked?
- How does the allocation of personal goodwill in a business valuation impact the calculation of support?
Faculty
Gunnar J. Gitlin
Atty
The Gitlin Law Firm
Mr. Gitlin exclusively practices divorce and family law. He is a published author and frequent lecturer to... | Read More
Mr. Gitlin exclusively practices divorce and family law. He is a published author and frequent lecturer to family lawyers both statewide and nationally a wide variety of issues including business valuation issues in divorce cases. He is Fellow of AAML and was named by the Illinois ICLE as one of five Illinois family lawyers for their 21st Century Master Teacher's Program.
CloseAnne Marie Jackson
Principal
Ain & Bank
Ms. Jackson's practice focuses exclusively on family law, including litigation, negotiation, appellate work,... | Read More
Ms. Jackson's practice focuses exclusively on family law, including litigation, negotiation, appellate work, and collaborative law. She has given presentations and authored on a variety of family law issues. She is an American Academy of Matrimonial Lawyers Fellow.
CloseSarah McCormack
Partner
Hoelting & McCormack
Ms. McCormack focuses exclusively on family law. She has been named a Super Lawyer “Rising Star” for... | Read More
Ms. McCormack focuses exclusively on family law. She has been named a Super Lawyer “Rising Star” for several years. She is a frequent speaker on family law topics and has authored several articles on family law topics. She has participated in family law appellate decisions in the State of Georgia.
CloseMartin S. Varon
Principal
Investigative Accounting Group
Mr. Varon has over 36 years of professional accounting and consulting experience. He specializes in tax and valuation... | Read More
Mr. Varon has over 36 years of professional accounting and consulting experience. He specializes in tax and valuation services, family law litigation support, and business litigation support. Previously, he worked for two different Big Eight accounting firms in their audit and tax departments, served as the tax officer at a subsidiary of a public company, and was the chief financial officer or controller at various closely-held businesses.
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