(Part 1) In re Marriage of Nakiya Ramsey and Steven Holmes Presented by Ron J. Anfuso, CPA, ABV, CFF, CDFA, FABFA Second Appellate District Background Nakiya Ramsey and Steven Holmes were married in October 2007 and separated in April of 2015. They had two children. The family lived in the home at issue from February…
By Ron J. Anfuso, CPA, ABV, CFF, CDFA, FABFA Not all marital dissolution cases require the services of a Forensic Accountant. However, many of the more complicated cases in this ever complex and changing area of law do. Some of the reasons to retain a Forensic Accountant are as follows: When unreported or underreported income…
People choose Collaborative Divorce over traditional litigation when they want the divorce to be more amicable. The hallmark of a Collaborative Divorce is honesty. Both spouses are expected to provide full disclosure about all assets, both those known to be community property and those that they claim are separate property. In rare cases during the…
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,…
I recently received the following request from a California family law attorney asking about the use of the “B” key in the Dissomaster™ software for calculating child and spousal support. I would appreciate some guidance regarding the following: When calculating an amount for permanent spousal support, how do you quantify the 4320 factors? We have…
Presented by Ron J. Anfuso, CPA, ABV, CFF, CDFA, FABFA Background Greg and Jodie Mohler were married on September 12, 1998, and separated on July 2, 2011. Petitioner (Jodie) filed a Petition of Dissolution on January 25, 2012. Greg filed his response on April 9, 2012. Their trial did not take place until November 15,…
A) State the value of the business at the beginning period B) Determine the rate of return C) Calculate the return on average capital (Capital factor: A x B) D) Determine the reasonable compensation for labor (Labor factor) E) Calculate the total allocation base (Capital plus labor: C + D) F) Calculate the percent of…
Presented by Ron J. Anfuso, CPA, ABV, CFF, CDFA, FABFA Background Charles Brandes founded BIP in 1974 to provide investment advisory services for fees based on the percentage of the company’s clients’ assets under management. When Charles and Linda met in 1983, BIP managed assets of $8.2 million. His annual income was $44,148. Linda agreed…
Presented by Ron J. Anfuso, CPA, ABV, CFF, CDFA, FABFA Background Although the Todd case was not a family law matter, it can apply to apportionment in family law cases when a hybrid approach may prove more effective than limiting the method to Pereira or Van Camp alone. In this case, the Commissioner of Internal…
Welcome to the blog of Ron J. Anfuso, CPA/ABV, An Accountancy Corporation. Our blog serves as an adjunct to our website (www.anfusocpa.com). On this blog, you will discover valuable information about our practice, as well as general guidance concerning Forensic Accounting for Family Law. You will also find a copy of our most recent newsletter,…