Euphrasia Van Camp, Respondent, v. Frank Van Camp, Appellant/Euphrasia Van Camp, Appellant v. Frank Van Camp, Respondent

By Ron J. Anfuso, CPA, ABV, CFF, CDFA, FABFA* Case Cite: 53 Cal. App. 17, 199 P. 885Date: May 26, 1921Court: Second Appellate District, Division One This case involved apportionment of community and separate property business interests Background: In March of 1916, when Frank Van Camp married Euphrasia, he was the president and general manager…

Important Family Law Cases: Anna Agnes Pereira, Respondent, v. Frank Pereira, Appellant

By Ron J. Anfuso, CPA, ABV, CFF, CDFA, FABFA This case involves apportionment of community and separate property for business interests and provides the guidelines for Forensic Accountants in valuing the community property interest in premarital businesses for dissolution cases. Background: Family Code §770 states that when a spouse owns a business at the date…

What Is a Forensic Accountant?

By Ron J. Anfuso, CPA, ABV, CFF, CDFA, FABFA Forensic Accounting is the practice of accounting in support of litigation. A Forensic Accountant provides an accounting analysis suitable to the court that will form the basis for discussion, debate and ultimately judicial decision. A Forensic Accountant utilizes specialized accounting skills to conduct an investigation into…

Mitigating Taxation of Investment Properties upon Dissolution

Presented by Ron J. Anfuso, CPA, ABV, CFF, CDFA, FABFA (Full Article) Background When investment real estate is characterized as community property, it is subject to division upon dissolution. Yet it can be highly impractical or inappropriate for divorced spouses to maintain joint ownership of an investment property. Conflicts of interest, unequal influence over management,…