Preparing for Testimony

Receiving a Request for Services By Ron J. Anfuso, CPA, ABV, CFF, CDFA, FABFA When we receive a request for services from an attorney, I do the following: • Ask for the basic information on the case. •  Get the name of both parties, and who is the petitioner and the respondent. •  Obtain the…

Determining Reasonable Compensation (Part 2)

By Ron J. Anfuso, CPA, ABV, CFF, CDFA, FABFA Industry-Specific Databases The specific databases I have subscribed to for several years are surveys of attorneys, physicians, and accountants. Although some accountants may not obtain these surveys due to their cost, I subscribe because each provides a wealth of information that enables me to more accurately…

Determining Reasonable Compensation

By Ron J. Anfuso, CPA, ABV, CFF, CDFA, FABFA I always inform judges, attorneys and clients that business valuation is not an exact science. Two of those areas that require some subjectivity when valuing a business are the determination of reason- able compensation and the risk associated with the business. The means by which to…

Settling a Case: “Buyer’s Remorse?”

Buyer’s remorse in family law occurs when one party, after agreeing with the court’s findings, decides he or she was unhappy with the ruling. In this case, Susan, the respondent, moved for an order to set aside judgment based on her opinion that Kevin, the other party, provided false information in the Declaration of Disclosure.*…