Tackle Unique Issues in Valuing the Practice, Structuring the Settlement, and Addressing Custody and Support
Divorce clients who run their own professional practice pose very specialized challenges for family attorneys. Assigning value to a professional's expertise and reputation and translating it into a valid, equitable settlement requires its own set of skills and strategies. Get the knowledge you need to guide your professional clients through the unique circumstances of divorce. Register today!
- Make the best use of preliminary agreements and initial disclosures.
- Learn how to value a professional practice for purposes of equitable asset division and support.
- Create effective solutions for sale, transfer or division of the professional practice.
- Plan for the key tax consequences of divorce.
All times are shown in Eastern time.
- Initial Disclosures and Preliminary Agreements (Including Confidentiality Agreement)
10:00 - 10:30, Christine Douglas
- Evaluating the Practice: The Toughest Part of the Process
10:30 - 11:30, Christine Douglas
- Valuation Methods Unique to Professional Practices
- Investment Holding Entities
- The Use of Experts
- Common Mistakes and Spouses Not Playing Fair
- Structuring the Settlement
11:45 - 12:45, Carla A. Barone
- Sale, Transfer or "Division" of the Practice
- Life Insurance and Annuities
- Spousal Maintenance and Earning Potential
- Planning for Tax Implications
- Unique Child Custody and Support Issues
12:45 - 1:15, Carla A. Barone
This legal course is designed for attorneys. Paralegals may also benefit.