February 10, 2015
Relationship Advice From Divorce Lawyers
Recently, Emma Johnson of Forbes Magazine had the rather novel idea of asking divorce lawyers across the country for relationship advice. I was one of them. Seems akin to asking for health advice from a doctor who performs autopsies, which, when you think about it, makes sense. Here is a link to that story: Relationship Advice From Divorce Lawyers.
February 2, 2015
Charles Rains is the Founder of C. W. Rains & Associates, Incorporated located in Annapolis, Maryland. He is one of the “go to” business valuation and financial forensics experts Northern Virginia attorneys can rely on in highly contested divorce cases. He has the necessary credentials: he’s a CPA (certified public accountant), an ABV (accreditation in business valuation), CFF (certified in financial forensics) and ASA (accreditation as a senior appraiser). Perhaps more importantly though, he has a talent for breaking down complex financial structures and communicating about them in language a judge (or family law lawyer) can understand. He’s worked with some very talented family law lawyers in the D.C. Metro area and I thought his perspective would be useful to both attorneys and spouses involved in contested divorces. Describe the type of work you typically perform in a divorce case?
Generally, how do you go about valuing a business for divorce purposes?
Assuming you are working with a business owner who sees divorce on the horizon, what types of conversations would the two of you be having?
Can you give readers some examples of interesting methods you’ve seen people use to manipulate the value of a business for divorce purposes?
What are some of the biggest mistakes you see attorneys make when it comes to business valuation?
What are some of the common areas a financial forensics expert might be needed in a contested divorce case?
In your view, what are some of the most common ways people attempt to conceal or cloud their financials during a contested divorce? Have you encountered any particularly elaborate lengths people have gone to in that regard?
What are some of the mistakes you see attorneys make when it comes to tracking or tracing money?
What’s the book you’ve given most often as a gift?
What films do a particularly good job of exemplifying what you? I can’t think of too many films that exemplify the type of work that I do, but the best example that I can think of would be The Untouchables. The character, Elliott Ness, was a Forensic Accountant for the Justice Department’s Prohibition Bureau. He was best known for bringing down Al Capone for tax evasion.
January 9, 2015
We know it can’t buy you love. The Beatles taught us that. (It can, though, certainly buy you companionship. See Dan Belzerian.) And, of course, you need a bit of money for the basics (e.g. safe shelter, food, medicine, etc.), but after that does having more money make divorce more or less likely? The highly publicized divorce of Harold Hamm, who is reportedly worth 8 BILLION DOLLARS, seems to suggest money makes little difference. In 2014, my firm handled divorces for individuals making 5-figure incomes and individuals making 8-figure incomes in Fairfax and Loudoun County and, perhaps surprisingly, the inevitable lists of marital woes in both income camps were strikingly similar.
Grand romantic gestures might buy you some time (and you may feel you owe it to yourself to try), but the separation and impending divorce of best-selling author, Nicholas Sparks, sometimes referred to as the “King of Romantic Story Telling,” seems to suggest that romance isn’t the silver bullet to saving a marriage either. In Virginia, it only takes the intent of one party to get a divorce. Last year I heard about some amazingly romantic and generous things people did in an effort to save their marriages. Many times, however, I heard about them from my clients who were in for a divorce consultation.
That might be true in a general sense, but, again, I represented some highly educated people (e.g. doctors, lawyers, professors, entrepreneur’s) who were all getting divorced. Even “smart” people occasionally do dumb things. Below is a graph charting divorce rates against various levels of education.
Without question I see a predictable ebb and flow of new divorce clients during the year. The beginning of the new year and beginning of the summer are probably the busiest times in our office for new client divorce filings. Surely divorce is more complicated than New Year’s Resolutions and members of the opposite sex in bathing suits?
Just some thoughts.
My experience and background reflect the hallmarks of success one must demand of a lawyer in Northern Virginia's legal landscape. As a native of this area, I have here focused my practice on providing sound and balanced representation to clients navigating the difficult legal waters of family law, including contested divorce, custody, visitation, spousal and child support, and equitable distribution. More >>>
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Thank you for taking the time to read this blog. I hope you find the information here as enjoyable to read as I find to write. Please note that reading this blog does not create a legal relationship between you and Jason A. Weis, Esquire or any other attorney associated with familylawva.com. Moreover, all postings on this blog are merely attorneys' commentary on the state of family law in the Commonwealth of Virginia. THE POSTINGS ARE NOT LEGAL ADVICE – if you have a legal issue or question, I strongly encourage you to contact a lawyer. I would be pleased to refer you to someone if I am able.