{"id":2023,"date":"2018-05-23T10:47:16","date_gmt":"2018-05-23T15:47:16","guid":{"rendered":"https:\/\/hornvaluation.com\/?page_id=2023"},"modified":"2020-08-20T16:38:40","modified_gmt":"2020-08-20T21:38:40","slug":"attorney-tools","status":"publish","type":"page","link":"https:\/\/hornvaluation.com\/attorney-tools\/","title":{"rendered":"Attorney Divorce, Litigation, and Valuation Tools"},"content":{"rendered":"

Hello divorce or litigation attorney!
\nHere are several tools I put together to help you with your cases. The tools are arranged by category. Check back for updates and let me know what other tools you need for your cases.
\n<\/em><\/strong><\/p>\n

Thanks,
\nJosh Horn, CPA, CVA (Certified Valuation Analyst)
\nHorn Valuation
\n217-649-8794
\n<\/strong>josh@jhorncpa.com<\/strong><\/a><\/p>\n

Short Videos
\n<\/strong>Why Me for Your Divorce?<\/a>
\nWhat Can a Forensic Accountant do in Divorce?<\/a>
\nFinancial Statements in Divorce<\/a>
\nDivorce Attorney asks, “What about the Retained Earnings?” Part 1<\/a>
\nDivorce Attorney asks, “What about the Retained Earnings?” Part 2<\/a>
\nAre You Ignoring Your Biggest Marital Asset?<\/a>
\nWhy Asking, \u201cWhat Do You Charge?\u201d is the Wrong First Question in Complex Divorce<\/a>
\nWhy Rules of Thumb Don\u2019t Work in Valuation for Divorce & Litigation<\/a>
\nDoes Your Expert Meet Professional Standards?<\/a>
\nIs Your Litigation Report Ready?<\/a>
\nDid You Cover Your Bases in Your Divorce?<\/a>
\nWhere’s the Most Important Number on the Tax Return?<\/a><\/p>\n

Divorce – Writing & Instructional Videos
\n<\/strong>A Fascinating Illinois Divorce Case on Business Valuation<\/em><\/a>
\nThis Illinois Appellate Court decision in divorce included a private business, two expert valuations, personal goodwill, and a marketability discount. My observations and commentary on key business valuation issues.<\/p>\n

How to use a Net Worth Statement in Divorce<\/em><\/a>\u00a0is a video and spreadsheet tool explaining why this is\u00a0one of the most important steps to protecting your client. Learn how to organize assets, allocate them, estimate taxes, seek documents, find valuation experts, consider liquidity, “what if” scenarios, and negotiate. Video here<\/a> or YouTube here<\/a>. Net worth spreadsheet tool\u00a0here<\/a>.<\/p>\n

How to use Business Tax Returns in Divorce<\/em><\/a>\u00a0is a blog post with video and instructions on how to solve this problem.\u00a0If a tax return is all you have, using it without adjustment can be like trying to jam a square peg in a round hole. It’s also dangerous. Learn how to spot the seven red flags<\/strong><\/em> and how you can fix them. We begin with a typical business tax return, apply the red flag adjustments, and quantify the impact–on income and value. You’ll be amazed by the final result.\u00a0Video\u00a0here<\/a>\u00a0or YouTube here<\/a>.
\nThe Seven Red Flags of Business Tax Returns<\/em><\/strong> guide is\u00a0here<\/a>. This is a bullet-point instruction document that defines the seven red flags, provides guidance on why the red flag matters, and gives you detailed steps to fix each red flag. You don’t want to skip these steps if you’re using a business tax return in divorce.<\/p>\n

Alimony Change Raises Divorce Stakes. How to Manage?<\/a>\u00a0<\/em>is an article, video, and worksheets showing the financial impact of the new alimony tax law change. It’s real money to your clients so check it out. Video only\u00a0here<\/a>. Worksheets only\u00a0here<\/a>.<\/p>\n

Beware a Rigged Business Valuation When Calculating Child Support<\/a><\/em>\u00a0is an article I wrote for Divorce Magazine.com<\/a>.
\nThere are some financial experts who decide to “rig” the value of a business in favor of one spouse. Here are some signs that could point to a rigged business valuation.<\/p>\n

The ONE Universal Financial Truth in all Divorces<\/a><\/em> is an article I wrote for Divorce Magazine.com<\/a>.
\nAfter working with hundreds of couples, there’s one financial truth in all divorces.<\/p>\n

A Business is an Income and an Asset During Divorce: Why That Matters<\/a>\u00a0<\/em>is an article I wrote for\u00a0Divorce Magazine.com<\/a>.
\nYou need to establish some verifiable income needed for lifestyle. And if there\u2019s a business, you need a value for that business, so you can make sure you get a share of the business as an\u00a0asset.<\/p>\n

Are All Assets Equal in Your Divorce?<\/a> <\/em>is an article I wrote for\u00a0Divorce Magazine.com<\/a>.
\nYou’ve identified and quantified the marital assets. You know what everything is worth, so assigning and distributing marital assets should be a piece of cake, right? Not so fast. Please be careful.<\/p>\n

Should You Settle the Family Business in Divorce?<\/em><\/a>\u00a0is an article I wrote for Divorce Magazine.com<\/a>.
\nIf one or both spouses own a business, valuing it will be one of the most complex issues in the divorce. Here are reasons why you should or shouldn’t settle.<\/p>\n

Goodwill in Divorce & Litigation
\n<\/strong>Not Knowing This Will Cost You Big Time<\/a><\/em>\u00a0is\u00a0an article pointing out the massive danger of valuing a business using estimates of assets and liabilities only. See the related three-part video series on goodwill here:
\nGoodwill in Business Valuation, Divorce, and Litigation – The Bucket Video (Part 1)<\/a>\u00a0<\/em>Visual explanation of goodwill. No technical jargon.
\n<\/em>Goodwill in Business Valuation, Divorce, and Litigation – Excel Example (Part 2)<\/a>\u00a0<\/em>Easy math here. You can handle it.\u00a0\u00a0
\n<\/em>Personal or Enterprise Goodwill in Business Valuation and Divorce? (Part 3)<\/a>\u00a0<\/em>It matters in Illinois and several other states so here’s guidance on allocating goodwill.<\/p>\n

Business Valuation
\n<\/strong>Do You Need a Business Valuation? Here’s a Framework to Help You.<\/em><\/a>\u00a0is a short article and video that will help you determine if you need a valuation for your client. Video only here.<\/a>
\nBusiness Valuation for Attorneys<\/a> <\/em>is a more comprehensive video course.\u00a0 This course gives you\u00a0valuation basics to grow your practice, be a hero, and stay safe. You’ll learn when you should consider getting help, who can help, and valuation standards. You’ll also learn how small changes can make 6 figure differences. Hidden income and the dangers of rules of thumb are also discussed.<\/p>\n

Law Practice Management Tools
\n<\/strong>Law Practice Finance Tool<\/a>. Manage your firm\u2019s finances with this powerful tool. Watch the short video for the basics.
\nLaw Practices: Driving Cash & Value<\/a>\u00a0is my full course you can take to manage your firm like a CFO and grow a powerful and lasting firm.<\/p>\n

Can I Help You?
\n<\/strong>\"JoshHi, I\u2019m Josh Horn and I assist Illinois attorneys and judges with business valuation, damages, fraud, and taxes in their family law and litigation cases as a neutral, consultant, or expert witness. Few CPAs are certified business valuation analysts south of Chicago. I don\u2019t provide tax, financial statement, or bookkeeping services to clients. As a result, I have few conflicts of interest common to most CPAs. You get my dedication to helping you with business valuation and litigation as a specialist and not a \u201cjack of all trades, master of none.\u201d While business valuation and litigation support can be complex, I balance thoroughness with practicality. I solve the problem you need solved in what could be the biggest event in your client’s life. You can work with me all year, not just after tax season and I\u2019m available to testify. After family and children, your case comes down to values and income. Critical analysis and judgments can mean a hundred thousand or even a million-dollar impact on your case. This is what I do best.<\/p>\n

If these factors are important to you, I invite you to contact me.<\/p>\n

“Once-in-a-lifetime events demand an expert.”
\n<\/em><\/strong>Josh Horn, CPA, Certified Valuation Analyst (CVA)<\/p>\n

Follow me on social media here:
\nLinkedIn<\/a>\u00a0\u00a0Twitter<\/a> \u00a0Facebook<\/a>\u00a0\u00a0YouTube<\/a> \u00a0Instagram<\/a>
\nand sign up for my blog here<\/a>.<\/p>\n

Thanks,
\nJosh
\n217-649-8794
\n<\/strong>josh@jhorncpa.com<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Hello divorce or litigation attorney! Here are several tools I put together to help you with your cases. The tools are arranged by category. Check back for updates and let me know what other tools you need for your cases. Thanks, Josh Horn, CPA, CVA (Certified Valuation Analyst) Horn Valuation 217-649-8794 josh@jhorncpa.com Short Videos Why … Read more<\/a><\/p>\n","protected":false},"author":2,"featured_media":2047,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"generate_page_header":"","footnotes":""},"yoast_head":"\nAttorney Divorce, Litigation, and Valuation Tools - Horn Valuation<\/title>\n<meta name=\"description\" content=\"Hello divorce or litigation attorney! Here are several tools I put together to help you with your cases. 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