By Donald A. Glenn, Thomas F. Burrage, Donald DeGrazia, William Stewart
As much as fifty percentage of economic forensic prone are played in divorces, or in kin legislations company valuations. supplying the 1st definitive ebook on family members legislations for accountants, this publication addresses issues distinct to kin legislations accounting, tax, valuation and perform. The insurance starts off with pre-engagement of the customer and proceeds via to trial and coaching and presentation. pattern checklists, paintings papers, and trial shows are incorporated. CPAs and legal professionals will reap the benefits of this handbook’s tips about supplying monetary companies within the relations legislations area
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Additional info for Family law services handbook : the role of the financial expert
Others may be looking for an experienced testifying expert because they know their case will not settle. Experts should endeavor to understand the attorney’s game plan, style, and expectations of their role in the case. If an attorney expects the case is going to trial and needs an expert with lots of trial experience who can hold up to cross-examination, the expert who prefers settling cases and does not have substantial trial experience would best serve the attorney by recommending another expert that better f ts this attorney’s needs.
During the initial call, the expert and attorney or client should determine that there are no conflict of interest and that financia resources are sufficient expectations of client and/or attorney are reasonable, and the expert will add value. If these criteria cannot be met, the expert should consider declining the assignment and possibly recommending another expert who might be more comfortable with the engagement and its risks. If the recommendation proves valuable, the attorney likely will appreciate the candor and call the referring expert firs in the future.
More often it will fall to the experts to push the attorney to keep deadlines in check. 5 lists the typical sequence of events in a divorce case. 1. 2. 3. 4. 5. 6. 7. 8. 9. 10. 11. 12. 13. Initial case evaluation and acceptance Case definitio and overview Defin output of expected report, etc. 5 TYPICAL SEQUENCE OF EVENTS IN A DIVORCE CASE P1: OTA/XYZ P2: ABC c02 JWBT345-Glenn August 16, 2010 16 Part One 11:25 Printer Name: Yet to Come Family Law Litigation and Financial Experts (c) Billing and Collection Divorce is a very emotional process.
Family law services handbook : the role of the financial expert by Donald A. Glenn, Thomas F. Burrage, Donald DeGrazia, William Stewart