Questions About Divorce Court and Valuation
Hi Welcome to ValuationPodcast.com - A podcast and video series about all things related to business and valuation. My name is Melissa Gragg, a divorce valuation expert in St. Louis Missouri.
During this episode we will discuss many questions about divorce court and valuation with T. J. Liles-Tims, a fellow testifying expert witness and valuation expert in Oklahoma City.
Welcome T.J.!!
Many people ask questions about divorce planning or how to get a divorce when you own a business. So let’s say a person has decided to get divorced and they have a business, but they want to plan ahead and know what to expect…
A business owner calls you and says, tell me what the business is worth, I am getting divorced and need to make the value as low as possible. What is your response?
This brings up an interesting point about hiring a consultant or expert witness – how would you explain the difference to a business owner?
Let’s talk about our role as a testifying expert in a divorce case, as a neutral party, and how that role is different than the role of divorce attorneys – or advocate for a person’s case.
What role do you play in the discovery process or collection of data and what info do you typically request?
Do you get involved in tracing assets? How does this work?
Do you get involved in settlement negotiations in divorce cases?
Are there any unique divorce issues or divorce cases in Oklahoma?
Do you do any divorce mediation or collaborative divorce?
Can a business owner get prepared for a divorce? What is your best divorce advice for someone who is considering filing for divorce?
Melissa Gragg
CVA, MAFF, CDFA
Expert testimony for financial and valuation issues
Bridge Valuation Partners, LLC
http://www.BridgeValuation.com
http://www.ValuationPodcast.com
http://www.MediatorPodcast.com
Cell: (314) 541-8163
T. J. Liles-Tims, MBA, CVA, CFE, MAFF
Partner
BVFF Partners, LLC
3035 N. W. 63rd Street, Suite 105
Oklahoma City, OK 73116
Telephone: (405) 608-8805
Facsimile: (405) 848-5845
T. J. is a co-founder of BVFF Partners, LLC and has been providing business valuation and litigation support for the past several years. His focus is primarily business valuations for business transactions and estate and gift tax; as well as, litigation support for business valuations, commercial damages, forensic accounting, and tax related matters. T. J. has valued hundreds of businesses ranging in value from $80,000 to $300 million to numerous industries. His litigation engagements have involved oil and gas matters, trust disputes, civil and criminal allegations, and shareholder disputes. He has testified in matters before the U.S. District Court, state court, and FINRA arbitrations.
T. J. has an MBA in Finance and holds multiple credentials including: Certified Valuation Analyst, Certified Fraud Examiner, and Master Analyst in Financial Forensics in Commercial Damages and Lost Profits. He is a Contributor, Author and Subject Matter Expert for the National Association of Certified Valuators and Analysts (NACVA) in the areas of business valuation, litigation consulting, expert witness, and financial forensics. He has also taught continuing education classes in the areas of business valuations and financial forensics.
T. J. is a member of the University of Central Oklahoma’s School of Business Dean’s Advisory Board. He was a Co-Chair for the 2014 NACVA National Conference and is a Member of the Valuation Credentialing Board for NACVA.
