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Description
January 15, 2024
Live Webcast
Program Founder & Moderator: Bruce L. Richman, CPA/ABV, CVA, CFF, CFE, CDFA, CPEP, PFA, Corporate Valuation Advisors, Inc.
7:55 AM Registration opens, log in to the webcast via your account at www.iicle.com
8:25 – 8:30 AM Welcoming Announcements
8:30 – 8:40 A View from the Bench
Hon. Regina A. Scannicchio, Acting Presiding Circuit Judge, Domestic Relations Division, Circuit Court of Cook County, Chicago
8:40 – 9:40 Financial Caselaw Update 2023
Joshua T. Friedman, Davis Friedman LLP, Chicago
Gunnar J. Gitlin, The Gitlin Law Firm, Woodstock
9:40 – 10:45 Business Divorce: An Approach for a Dissolution Between Business Owning Spouses and other Owners
When both parties are involved in the business what principles apply; who keeps the business, what's included in the sale, does the MSA take precedence when business is for sale, also the operating agreement, what precedence does it take? This discussion also includes when the interest with divorcing spouse is not actively involved but has marital interest in the business, or when there are other 3rd party owners.
Jerry Holisky, Aronberg Goldgehn Davis & Garmisa, Chicago
Jonathan J. Fox, Kelleher + Holland, LLC, Barrington
Mario Ventrelli, Ventrelli Simon, LLC, Northfield
Hon. James A. Shapiro, Domestic Relations Division, Circuit Court of Cook County
Moderator: Bruce L. Richman, CPA/ABV, CVA, CFF, CFE, CDFA, CPEP, PFA, Corporate Valuation Advisors, Inc.
10:45 – 10:55 Break
10:55 – 11:40 Collateralizing Business Buy Outs
Issues when you have a high value estate that is non-liquid; largest asset of the estate is the Closely Held Business along with the marital residence and retirement accounts. Installment payment over an extended period of time, techniques and tips on collateralizing the recipient spouse’s interest, also includes the use of a QDRO as a creative solution.
Anne Prenner Schmidt, Law Offices of Anne Schmidt, LLC, Highland Park
Jeffrey P. Gray, Barnes & Thornburg, LLP, Chicago
Bruce L. Richman, CPA/ABV, CVA, CFF, CFE, CDFA, CPEP, PFA, Corporate Valuation Advisors, Inc.
11:40 – 12:25 Complex Real Estate Valuation Issues
Dealing with valuation of commercial interests and complex residential and partial interest in real estate.
Michael F. Koenigsberger, Dussias Wittenberg Koenigsberger, LLP, Chicago
Andrew Richter, Second City Appraisal, Deerfield
12:25 – 12:50 Presentation of Awards
Michael S. Cohen Award & Hon. Edward R. Jordan Lifetime Achievement Award
12:50 – 1:10 Lunch Break
1:10 – 1:55 Can Your Robot Get Divorced?
(0.75 Professional Responsibility CLE)
Artificial Intelligence, office policy on use of AI, lawyers have already been sanctioned in use of AI – So what is next?
Moderator: Gemma B. Allen, Allen, Glassman & Schatz, LLC, Chicago
Todd Glassman, Allen, Glassman & Schatz, LLC, Chicago
George Bellas, Bellas & Wachowski Attorneys at Law, Park Ridge & Chicago
Daniel W. Linna, Jr, Northwestern Pritzker School of Law, Chicago
1:55 – 2:45 Current Trends in Cryptocurrency and Valuation
Anita Ventrelli, Schiller DuCanto & Fleck, LLP, Chicago
Richard Peters, Berkeley Research Group (BRG), Houston, TX
Joe Carlasare, Amundsen Davis, Chicago
2:45 – 2:55 Break
2:55 – 3:55 Key issues in Lifestyle Analysis and the Use of Technology
(0.25 Professional Responsibility CLE)
Importance of the financial affidavit, how to complete them, previous vs current numbers when divorce is dragging on for a long period of time, current maintenance trends, ethical considerations of dealing with clients, how people should be looking at current technology; when to use the figures and when not to, the way to use them when every case has little quirks; how to make sure you use the data to formulate correctly; technology for creating financial affidavits and lifestyle; marital balance sheets, how courts use or can use available technology
Janet E. Boyle, Family Law Solutions, PC, Chicago
Shiv Bhupathi, Divorce Financial Technology Solutions, Inc.
Hon. Regina A. Scannicchio, Acting Presiding Circuit Judge, Domestic Relations Division, Circuit Court of Cook County, Chicago
Martin Sliwinski, Stern Perkoski Mendez, LLC, Evanston
Moderator: Bruce L. Richman, CPA/ABV, CVA, CFF, CFE, CDFA, CPEP, PFA, Corporate Valuation Advisors, Inc.
3:55 – 5:00 Judges’ Panel
(1.0 Professional Responsibility CLE)
Moderator & Case Developer: Judd Fineberg, Dussias Wittenberg Koenigsberger LLP, Chicago
Judges:
Hon. Bradley David, 16th Judicial Circuit, Kane County
Hon Stephen M. DeRue, 19th Judicial Circuit, Lake County
Hon. James F. McCluskey, 18th Judicial Circuit, DuPage County
Hon. James A. Shapiro, Domestic Relations Division, Circuit Court of Cook County
5:00 PM Adjourn
These two bonus sessions are included with registration for the live webcast:
Advanced Pre- and Post-nuptial Agreement Considerations
What divorce and estate and trust planning attorneys need to know to work successfully with each other, include info on different jurisdictional / other state provisions.
James Quigley, Beermann LLP, Chicago
Jordan Rosenberg, Beermann LLP, Chicago
Interstate Deposition and Discovery Act
Mechanics of Seeking Discovery Out of State - An overview of the law and how to use it now that we have only three hold-out states.
Anita Ventrelli, Schiller DuCanto & Fleck, LLP, Chicago
Gemma B. Allen, Allen, Glassman & Schatz, LLC, Chicago
Registrants of the live webcast have the option of purchasing these primer sessions at a significant discount
What Every Divorce Attorney Needs to Know About Taxes to Avoid Malpractice
Top 10 tax issues that affect divorce - tutorial on common tax issues in divorce, tax issues 101, sale of the marital residence, capital losses, tax filing and tax indemnification agreements, etc.
Michael DiDomenico, Lake Toback DiDomenico, Chicago
Kelly Collins, Collins Family Law, Lake Forest
How to Calculate Business Owner’s Income
Issues you run into, what do you look at, things to look for, what does it really mean when you perform a valuation of the business and normalize the income – some strategies to do that.
Joshua Stern & Marvin Mendez, Stern Perkoski Mendez, LLC, Evanston
Valerie Steiner, Steiner Howeth Pasquesi & Hatch, Ltd, Lake Forest
Bruce Bezner, MBA, CPA/ABV/CEIV, CVA, CBA, Corporate Valuation Advisors, Inc.
Many thanks to our wonderful Business Valuation 2024 Planning Committee:
Gemma Allen, Allen, Glassman & Schatz, LLC
Janet Boyle, Family Law Solutions, PC
Kelly Collins, Collins Family Law, LLC
Michael DiDomenico, Lake Toback DiDomenico
Judd Fineberg, Dussias Wittenberg Koenigsberger LLP
Joshua Friedman, Davis Friedman LLP
Gunnar Gitlin, The Gitlin Law Firm
Todd Glassman, Allen, Glassman & Schatz, LLC
Meighan Harmon, Schiller, DuCanto & Fleck, LLP
Janet Mazurek, Law Offices of Janet L. Mazurek, PC
James Quigley, Beermann LLP
Bruce Richman, Corporate Valuation Advisors, Inc.
Jordan Rosenberg, Beermann LLP
Valerie Steiner, Clark & Steiner, Ltd.
William Stogsdill, The Stogsdill Law Firm
Charles Urban, Hasselberg Grebe Snodgrass Urban & Wentworth
Anita Ventrelli, Schiller, DuCanto & Fleck, LLP
Mario Ventrelli, Ventrelli Simon LLC