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Wednesday
01:00pm - 04:00pm EDT - May 18, 2016 | Room: Grand Ballroom D
Randall B. Wilhite, CPA, ABV, JD; Neil J. Beaton, CPA/ABV/CFF, CFA, ASA
Track: Pre-Conference Workshop
Total Minutes: 150
This workshop will delve into the various methods of valuing employment related equity grants. Participants will:
• Learn to value employment-related equity grants
• Understand the various approved methods used by divorce courts in valuing and dividing employment-related equity grants
Thursday
08:00am - 09:25am EDT - May 19, 2016 | Room: Grand Ballroom C
Peter Ricchiuti
Track: General Session
Total Minutes: 75
The economy is inherently cyclical. While these cycles don’t necessarily repeat themselves, they rhyme. Understanding the forecasting ability of stock, bond and energy markets can both illuminate opportunities and serve as valuable storm warnings for business leaders. Some of this runs counter to what people commonly hear in the media. In this session, we will:
• Take a real look at the current economic conditions and how they compare to other downturns, such as the Great Depression
• Understand the U.S. debt situation and the historic resiliency of the U.S. economy
• Explore the outlook for stock prices
09:35am - 10:25am EDT - May 19, 2016
Track: Concurrent Session

Thursday
09:35am - 10:25am EDT - May 19, 2016 | Room: Grand Ballroom C
Mr. Ronald Lee Seigneur, MBA, CPA/ABV, ASA, CVA
Track: Concurrent Session
Total Minutes: 50
This session will focus on the proper application of the discounted future benefits method under the income approach to value. In times of increased start-up enterprises, together with periods of high volatility and turbulent historical activity, a look to the future to determine present value makes abundant sense. We will explore the argument that the use of a DCF method is flawed for capturing the future efforts of the propertied spouse. Attendees will learn:
• V = I/R-G. Simple on the surface, but the devil is in the details
• Why the DCF method is an enhancement to the Capitalized Cash Flow method that is regularly used in family law matters
• How the normalization of owner-employee compensation addresses the double-dip issue
• Why the input assumptions and who “owns” them are the critical elements to financial projections
Thursday
09:35am - 10:25am EDT - May 19, 2016 | Room: Grand Ballroom D
Gregory Brown, JD; Meighan Harmon, JD
Track: Concurrent Session
Total Minutes: 50
Pursuant to the dictates of the Dodd-Frank legislation, “claw backs” of executive compensation are becoming more and more prevalent. The potential for the “claw back” of compensation creates significant valuation and taxation issues that must be considered when executives divorce. This session will:
• Review the Dodd-Frank legislation and the requirements it creates for public companies
• Explain the impact of the Dodd-Frank legislation, related SEC rules and Treasury regulations on executive compensation
• Apply the impact of the Dodd-Frank legislation in the context of divorces between executives
Thursday
09:35am - 10:25am EDT - May 19, 2016 | Room: Grand Ballroom E
David W. Griffin, JD; Mark O. Dietrich, CPA, ABV
Track: Concurrent Session
Total Minutes: 50
Reasonable compensation is at the heart of the valuation of any physician practice, but common survey-based methodologies lead to compensation and valuation results that are often irrational. HIPAA and state health care laws are routinely ignored in divorce litigation and valuation but subject attorneys and appraisers to potential exposure. In this session, attendees will:
• Get up-to-date data on current trends in the determination of reasonable compensation for physicians and how compensation surveys are improperly used due to lack of valid sampling techniques
• Learn about exposure to federal/state laws involving protected health information from such typical data requests as a QuickBooks file, general ledgers or patient accounts receivable during divorce litigation
10:45am - 12:00pm EDT - May 19, 2016
Track: Concurrent Session

Thursday
10:45am - 12:00pm EDT - May 19, 2016 | Room: Grand Ballroom C
Barry S. Sziklay, CPA, ABV/CFF, PFS; Michael Sardar, JD
Track: Concurrent Session
Total Minutes: 75
Oops! I forgot to tell you about my foreign assets! Now where do we go from here? Over the past few years, the IRS and the Department of Justice have been relentlessly focused on ending offshore tax evasion. They have used their various powers to find taxpayers with unreported foreign assets, prosecute or civilly penalize such taxpayers, and encourage other taxpayers to voluntarily come forward and report undeclared foreign assets. Hidden foreign assets often come to the surface in the context of a matrimonial action. Dealing with such assets and the unique issues they raise within a matrimonial action requires careful consideration of the civil and criminal consequences of maintaining undeclared foreign assets. This session will cover:
• The IRS and Department of Treasury reporting requirements for foreign assets and the tax forms utilized to make such reporting
• The penalties and possible criminal consequences of maintaining undeclared foreign assets
• The different paths to compliance for taxpayers with undeclared foreign assets, including the Offshore Voluntary Disclosure Program and the Streamlined Compliance Procedures
• Attorney-client privilege and work-product doctrine issues when dealing with sensitive non-compliance issues
• Fifth Amendment considerations
• How to find a spouse’s hidden assets
• Who is responsible for the back taxes, penalties and interest that may arise when foreign assets are discovered
Thursday
10:45am - 12:00pm EDT - May 19, 2016 | Room: Grand Ballroom D
Lynda Munro, JD
Track: Concurrent Session
Total Minutes: 75
Parents naturally want to protect their family fortune from the grasp of their child’s divorcing spouse. Historically, the decanting of an existing trust to a newly created trust has been used to avoid adverse tax consequences. Now, this tool is increasingly gaining attention for an off-label use: to frustrate the divorcing spouse’s ability to reach the trust assets, thus removing the trust from the reach of the family court. In this session, attendees will hear and discuss:
• What the decanting of a trust is
• What the traditional use of decanting has been
• The use of decanting to defeat the reach of a divorcing son or daughter-in-law
• The future of decanting as an asset-protection tool in the contemporary world of fractured families
Thursday
10:45am - 12:00pm EDT - May 19, 2016 | Room: Grand Ballroom E
James R. Hitchner, CPA/ABV/CFF; Robert Levis, CPA, ABV, ASA, CFE
Track: Concurrent Session
Total Minutes: 75
The income approach usually is the primary approach in most divorce business valuations, and the transactions method is often relegated to a corroborating methodology, if seriously considered at all. In the real world, many businesses are bought and sold based on “market multiples” using anecdotal rules of thumb or a study of available information regarding actual transactions. In this session, participants will learn how to apply and not apply the transactions method as a primary method and understand:
• The benefits and pitfalls of utilizing a standalone transactions method to value
• How attorneys can attack this method and how CPAs can defend this method
• The sources and type of data included in the various transaction databases
• How to evaluate and interpret the database information, including strengths and weaknesses
01:00pm - 02:15pm EDT - May 19, 2016
Track: Concurrent Session

Thursday
01:00pm - 02:15pm EDT - May 19, 2016 | Room: Grand Ballroom C
David H. Levy, JD; Diane Womack, CPA, ABV/CFF, CFE
Track: Concurrent Session
Total Minutes: 75
Protect yourself and your firm from unwanted attention. This highly interactive session is designed to help avoid the dreaded inquiry letter from the licensing bodies. Through the use of real-life examples, attendees will:
• Increase awareness of potential ethical transgressions
• Become familiar with the rules and standards governing attorneys and financial experts providing professional services in family law matters
• Learn how rules and standards have been interpreted and adjudicated
Thursday
01:00pm - 02:15pm EDT - May 19, 2016 | Room: Grand Ballroom D
Donald J. DeGrazia, CPA/ABV/CFF; Joy Feinberg
Track: Concurrent Session
Total Minutes: 75
Tax bushwhacks can ruin settlements. Reduce your risk of failure and eliminate unwanted tax surprises. Use this session as a guide to review before your settlement conferences. Attendees will also learn to:
• Identify critical tax issues impacting settlements
• Use knowledge of the tax code to resolve high-asset, low-liquidity cases
• Harvest little-known tax code benefits that can get you to the settlement finish line
Thursday
01:00pm - 02:15pm EDT - May 19, 2016 | Room: Grand Ballroom E
Mark I. Harrison, CPA, ABV, CFF, Esq.; Lynda Munro, JD
Track: Concurrent Session
Total Minutes: 75

A mediation works best when the forensic accountant is an active participant and partner in bridging valuation divides, strategizing solutions and explaining the benefits of settlement proposals to their client. Forensic accountants should see themselves as a valuable resource for the mediator in the establishment of values and income and fashioning settlement options with that information. Forensic accountants should take advantage of their superior knowledge of tax and assets to help their client navigate settlement options. Attorneys should partner with forensic accountants in mediation in weighing proposals with a client, relying on their experience and knowledge.
02:40pm - 03:30pm EDT - May 19, 2016
Track: Concurrent Session

Thursday
02:40pm - 03:30pm EDT - May 19, 2016 | Room: Grand Ballroom C
Sandra Klevan, CPA, ABV/CFF; Mary Vidas, Attorney
Track: Concurrent Session
Total Minutes: 50
Attorneys and financial professionals in divorce cases often find that the ownership and capital structure of the subject business interests are complex. This session will help attendees better understand how to handle this complexity by exploring:
• What is meant by complex capital and ownership structures, with examples
• The methods used to value different securities in a complex capital structure
• Issues that arise and may be overlooked in valuing interests in businesses with complex structures
Thursday
02:40pm - 03:30pm EDT - May 19, 2016 | Room: Grand Ballroom D
Laura Wasser, J.D.; Tracy Katz Esq., JD, CPA/CFF
Track: Concurrent Session
Total Minutes: 50
In this session, attendees will learn how to:
• Facilitate special issues of custody and timeshare and unique attributes of high-net-worth and high-profile clients’ cash flows and marital standards of living
• Handle media relations and manage publicity during or after the case, including social media and television appearances
• Manage the client’s desire and/or expectations of confidentiality and whether records can be sealed or kept out of the public sector
Thursday
02:40pm - 03:30pm EDT - May 19, 2016 | Room: Grand Ballroom E
Dan Couvrette
Track: Concurrent Session
Total Minutes: 50
We’ll share insider information about what the top family lawyers and financial professionals are doing to attract and secure high-end divorce cases. Attendees will:
• Gain a clear understanding of what is needed to design and craft an online and offline reputation in order to attract high-end divorce cases
• Leave with five new strategies to help develop and nurture quality referral sources who will refer high-end divorce cases
• Learn five new ways to use a website, social media and new technology to attract high-end divorce cases
Thursday
03:40pm - 04:55pm EDT - May 19, 2016 | Room: Grand Ballroom C
Nancy J. Fannon, CPA, ABV, ASA, MCBA
Track: General Session
Total Minutes: 75
It took the Berniers 12 years to get divorced, as their case bounced back and forth between the Massachusetts courts as they tried to deal with how to value an S corporation. In this session, attendees will learn:
• What went wrong?
• What you need to know to avoid the same nightmare for your clients
Friday
07:00am - 07:50am EDT - May 20, 2016 | Room: Grand Ballroom D
Benjamin Chou
Track: General Session
Total Minutes: 50
The first step in dividing assets during a divorce is to create a complete financial picture of all of the assets owned by each spouse, then tracing accounts and cash flow, searching for hidden bank accounts. 60% of the time and cost has been spent on collecting actionable data from tax returns, financial statements, loan applications, and account records, discovering financial evidence to win the case. Let’s work smart:
Learn about collecting data in effective and productive manner;
Learn how to optimally cleansing/standardizing data;
Learn how to automatically enrich and categorize data;
Generating complete audit trails that is required to support the case.
Friday
08:00am - 08:55am EDT - May 20, 2016 | Room: Grand Ballroom C
James P. Harrington
Track: General Session
Total Minutes: 50

Explore the nature of historical versus implied ERPs, unconditional v. conditional ERP estimates, Damodaran’s implied ERP model, default spread models, Hassett’s implied ERP model and Duff & Phelps “take” on it all. And, does size really matter in calculating the cost of equity?
09:05am - 10:20am EDT - May 20, 2016
Track: Concurrent Session

Friday
09:05am - 10:20am EDT - May 20, 2016 | Room: Grand Ballroom E
James R. Marty, CPA, ABV; Christian Sederberg
Track: Concurrent Session
Total Minutes: 75
This session will explore the nuances associated with valuing a cannabis business, including an overview of relevant laws and operational challenges impacting the operation of these businesses. It will also review issues unique to providing expert witness services to attorneys when one or both clients own a cannabis grow, extraction or retail operation. Attendees will learn:
• The state and federal laws generally relating to the operation of a cannabis business
• What the trial balance of a business that grows and sells cannabis and cannabis products looks like
• The unique issues to consider when valuing a cannabis business
Friday
09:05am - 10:20am EDT - May 20, 2016 | Room: Grand Ballroom D
Brian Vertz, ESQ, MBA, CVA; Mr. Ronald Lee Seigneur, MBA, CPA/ABV, ASA, CVA
Track: Concurrent Session
Total Minutes: 75
This session will focus on the appropriate methods and resources used to support determinations of reasonable compensation for owner-employees. The session will highlight landmark case law that is instructive in reasonable compensation determinations and identify several sources of empirical evidence that are available to support compensation determinations. Topics will include:
• Perks and benefits: What does true compensation look like for a closely held owner-employee?
• It came from the Internet, so it must be good evidence … Not owner-employee compensation in the context of the double-dip argument
Friday
09:05am - 10:20am EDT - May 20, 2016 | Room: Grand Ballroom C
Jay E. Fishman, FASA, FRICS; Daniel J. Jaffe, AAML, CFLS, IAML, ACFTL
Track: Concurrent Session
Total Minutes: 75
Recently experts have come to place more reliance on statistical and financial methods that are seemingly based on objective criteria. Caution should be exercised in relying on these techniques, as they may not be what they appear to be. Topics will include:
• Correlation is not causation, time period and capital structure
• Identifying misplaced reliance on statistical methods to identify passive appreciation of separate property
• All capital structures are not created equal. Those who significantly change the existing capital structure may be seriously overstating the value