Upcoming Seminar

On April 13, 2012 I will be presenting a section on finding and developing assets as part of an NBI seminar dealing with domestic relations. At that time I hope to present a comprehensive look at asset types and the economic reality of their value

The Current Stock Market and Valuations of Closely Held Businesses

If you want to understand why the current stock market is going through the latest gyrations you can find out by asking any economist or investment advisor – in about 6 months.  Our financial gurus seem to have a knack for explaining why economic events happen after the events are long over.  Their ability . . . → Read More: The Current Stock Market and Valuations of Closely Held Businesses

The Next Bubble

If we have learned anything from the last few decades is there is always some hot new investment vehicle that is growing faster than other investments.  But we have also learned that bubbles always seem to burst.  Dot-com companies, real estate, commodities, and the stock market itself.

When investments behave in a fashion that . . . → Read More: The Next Bubble

Spending Cuts Vs. Tax Increases

As we getter closer to “D Day” – the day we will exceed the debt ceiling – we hear charges back and forth regarding the RIGHT WAY to proceed.  Lost in the political rhetoric is a certain reality.  While the depression is technically over a large number of workers remain unemployed and underemployed.   . . . → Read More: Spending Cuts Vs. Tax Increases

Expert Testimony – Getting Your Point Across

Expert witnesses often use techniques developed by and understood by people with graduate degrees in the field of expertise being discussed.  The problem is the level of sophistication of the judge or jury is well below the concepts used.

We overcome the problem by concentrating on teaching – in a way that is readily . . . → Read More: Expert Testimony – Getting Your Point Across

Business Forecasts under Economic Uncertainty

Whether it is a Business Valuation, Projection of Economic Damages, or Planning a new project it all begins with Economic Forecasts of Revenue and Demand.  For many years we have utilized advanced statistical and computer modeling techniques we have provided our clients with advanced techniques in obtaining forecasts – the most important aspect in . . . → Read More: Business Forecasts under Economic Uncertainty

Valuing Assets in a Domestic Relations Case

The division of assets in a domestic relations case in Ohio is similar to the breakup of a partnership.  The starting point is an equal division of marital assets.  Marital assets are those assets accumulated during the marriage.  Inheritances, gifts, and assets brought into the marriage are known as separate property which may be . . . → Read More: Valuing Assets in a Domestic Relations Case

Hidden Income – Can it be found?

Valuing a business is difficult enough even when all of the financial data is reliable.  Can anything be done when a significant amount of the businesses income comes in the form of cash?

A number of years ago in a domestic relations case the opposing expert and I had a cordial professional relationship and . . . → Read More: Hidden Income – Can it be found?

The Factors that Influence Business Valuations

Too often clients view a business valuation as a black box into which data is thrown in and a value magically comes out.  While many factors influence the valuation of a business a good starting place are the items set forth in Internal Revenue Ruling 59-60 which many valuation analysts view as the genesis . . . → Read More: The Factors that Influence Business Valuations

Double Dipping in Ohio – A Tsunami Rising?

“Double Dipping” in a domestic relations case is the result of awarding the non business owner spouse both support and a property division based on the income generated from the business of the business owner’s spouse.  A simple example is where the business is “valued” at $500,000.00 and the owner is “earning” (in salary . . . → Read More: Double Dipping in Ohio – A Tsunami Rising?