Blog

A recent edition of Value Matters, a periodical published by Mercer Capital Group, illustrates the reasons for having a buy-sell agreement and what options might be available. Buy-sell agreements are advisable for the same reason as prenuptial agreements: they structure the consequences of a possible future incident such as shareholder disharmony, death, or divorce. The valuation provisions of a buy-sell agreement, which may dictate the share price in the event […]

Last week I attended the AICPA/AAML National Conference on Divorce, a summit of some of the brightest minds in business valuation and divorce. Many of the lectures were good, but the one that most captured my attention was Jay Fishman’s discussion of “standards of value.” He made the best argument I have heard why the divorce courts should not abandon the fair market value standard in favor of fair value. […]

For those of you who asked for a copy of my PointPoint slides, I am posting them below at the bottom of this page. They are embedded through SlideShare.net, where you can also find my presentations from 2006 Family Law Update (PBI) and 2007 Tax Issues that Family Lawyers Care About (National Constitution Center).

TaxProf Blog reports on a Tax Court decision in which the former wife of an accountant won equitable relief from joint and several liability under section 6015(f) of the Internal Revenue Code. The former wife credibly testified that she relied on her husband’s expertise in preparing joint tax returns throughout the marriage. She did not review the returns or even fill in the date next to her signature. Years later, […]

Lots of topics have attracted my interest lately, so I will be posting on the following subjects over the next few weeks: Does a Breach of a Prenuptial Agreement Create a Right of Rescission? Part II Fractional Interest Discounts in Real Estate “Transmutation” of Separate Property Another Take on Non-Transferrable Goodwill: MUM’s the Word! Spoliation of Evidence in Business Valuation Contests

The mid-winter blahs have slowed down my posting. Hopefully this little gem will prime the pump. From the Pittsburgh Post-Gazette: Man accused of giving severed kitten’s head to his ex Friday, February 02, 2007Pittsburgh Post-Gazette An Aliquippa man is accused of giving his ex-girlfriend a gift-wrapped package containing the severed head of a kitten. According to the Animal Friends organization, a Mt. Washington woman called police Jan. 28 when she […]