Resources

January 19, 2023 | Case Citing Vance

TN Divorce Case Regarding Which Expert Can Testify Either Vance or Pascal, Impartiality of the Expert Under Rule 706, Consequences of Not Cooperating and Proper Business Valuation Methods

October 26, 2021 | Case Citing Vance

Appellant (ASF) stipulated that its employee was the at-fault driver in a motor vehicle accident involving Appellee (Malone). Appellee and his wife filed suit against Appellant for personal injuries and the issue of damages was tried to a jury, which returned a verdict in favor of Appellees.

August 19, 2021 | Case Citing Vance

At issue was the value of Taylor Animal Hospital (“TAH”). Vance valued TAH in total as of June 30, 2019, at $1,281,502. Applying discounts for lack of marketability (10%) and lack of control (20%), Husband’s 45% interest was valued at $415,000.

June 18, 2019 | Case Citing Vance

This case was post-divorce action concerning modification of the Father’s child support obligation with the major issue being his true income for support. The Messers were Divorced in 2009 and the Permanent Parenting Plan (“PPP”) provided that Father was to pay to Mother $1,000.00 per month in child support, beginning on February 1, 2009.

January 16, 2019 | Case Citing Vance

“This appeal involves a unique divorce proceeding”. Throughout most of the parties’ 29-year marriage, the husband worked as vice president of his father’s railroad construction business, Shelby Railroad. Numerous properties, assets, and accounts were jointly titled in the names of the husband and his father (referred to as Grandfather in the appeal) over the years. When the wife filed a complaint for divorce, she named as defendants not only the husband but also Grandfather.

November 13, 2018 | Case Citing Vance

The Lucchesi case was a forensic accountant’s dream engagement in that it brought to bear all of the skills of a forensic CPA and business valuation analyst. My firm, Forensic & Valuation Services, PLC valued a business at date of marriage in 1994 for a divorce occurring in 2016, traced funds in and out of many financial accounts and found $950,000 in undisclosed assets that the trial court ruled as marital and divided, opined on Husband’s “Failure to Preserve the Marital Estate”

January 9, 2017 | Case Citing Vance

Filed January 9, 2017. This case arises out of a divorce action. Case involves testimony by Vance concerning the value of a multi-physician medical practice in which enterprise goodwill was allowed although not called that by name. Also, Vance's detailed Marital Balance Sheet and Alimony Need and Ability to Pay schedule was essential for Wife to receive permanent alimony or alimony in futuro.

June 29, 2015 | Case Citing Vance

Trial court ruled that dental practice had enterprise goodwill. Based on the precedent of Hartline, the Eastern Section COA determined that the adoption of a valuation that expressly included enterprise goodwill was erroneous because the business involved was a sole proprietorship. The COA remanded for the trial court to determine the value of the dental practice without consideration of professional or enterprise goodwill.

September 11, 2013 | Case Citing Vance

Robert Vance, “The W-2 as Roadmap for Tennessee Child Support Guideline Income,” Family Practice, The Newsletter for the Family Law Section of the Tennessee Bar Association (August 2002) (discussing the various boxes and which should be used in different circumstances).