This valuable guide assists attorneys in choosing the most effective means for protecting a client’s marital, family, and business assets while navigating tricky areas such as offshore trusts to avoid improper transfers.
Understand the business valuation report prepared by a valuator skilled in valuations for divorce and how to use various pieces of the expert’s report. Learn how a business valuation expert can help develop the owner’s true economic income for support, find hidden assets, and trace source of assets.
Learn about the various approaches and methods used to determine the value of a business and the various scopes of a valuation assignment, including how adjustments to the reported financial statements and a careful review of key documents are essential to understanding the value of a privately held company. Case studies of actual businesses provide examples of valuations for corporate dissolution, buying and selling a business, and the loss (or termination) of an owner.
The sophisticated guidance in this handbook for bankers, bank counsel, real estate attorneys, and others involved in the lending process is the product of the author’s many years of documenting, administering, and enforcing loan documentation.
Financial exploitation of the elderly and people with disabilities is becoming more prevalent. Learn to freeze assets by filing pleadings to obtain recovery of money or property. Get step-by-step instructions on how the Probate Act allows the practitioner to recover assets; seek and obtain information and documentation which assist in the recovery of assets; and enjoin assets of the exploiter. Hypothetical and actual cases are presented and sample pleadings used in the litigation of these matters are provided.
Learn about opportunities for the prepared and pitfalls facing the unwary in fiduciary litigation. Of particular focus are actions arising from recent elder-abuse legislation, including the Presumptively Void Transfers Act and the recently-amended Financial Exploitation of the Elderly Act.