by Royer Advisors | Dec 11, 2024 | Divorce Litigation, IRS Regulation, Tax Planning, Tax Preparation, Valuations
If divorcing spouses own part of the stock in a closely held corporation, this may be one of their biggest marital assets, and often one spouse decides to buy out the other party’s shares by transferring some assets in exchange for the stock. However, it’s...
by Royer Advisors | Dec 11, 2024 | Divorce Litigation, Valuations
Berg v. Young, 2015 Fla. App., LEXIS 13077 (Sept. 2, 2015) In a Florida divorce case, the trial court heard copious expert testimony on the value of the husband’s interest in a car dealership. The dispute turned on the validity and interpretation of the parties’...
by Royer Advisors | Dec 11, 2024 | Divorce Litigation, Valuations
Determining the value of the business interest to include in the marital estate can be one of the most time-consuming and contentious issues when a business owner is getting a divorce. Rather than hire separate experts to argue it out in court, many spouses opt to...
by Royer Advisors | Dec 11, 2024 | Divorce Litigation, Fraud Prevention
It’s often necessary to uncover money during legal proceedings like divorce or bankruptcy, by conducting a financial investigation to expose hidden assets, fraud or embezzlement. Unfortunately, the paper trail of hidden assets isn’t always clear and it...
by Royer Advisors | Dec 11, 2024 | Divorce Litigation, Fraud Prevention
Cash is the most difficult item to trace when a bankruptcy or divorce case involves embezzlement, fraud, defalcation, or hidden assets. It’s interchangeable and leaves no record of ownership or transfer if kept outside of the banking system. It’s very rare that...
by Royer Advisors | Dec 11, 2024 | Court Rulings, Divorce Litigation, Valuations
In this article we will discuss two appellate court cases that teach valuable lessons that apply when valuing a business interest in divorce. Legal precedent related to the use of expert witnesses and business appraisals in divorce tends to vary from state to state....