Sometimes inadvertent in the due course of business, but often with intent, perquisites, and add backs to cash flow can be the crux of establishing alimony and equitable distribution. In this presentation for family law practitioners, industry experts will dissect obvious and more obscure areas that business owners enjoy “other income.” Perquisites (or perks) are almost always found in closely held entities that are the subject of a divorce proceeding.
Attendees will learn
· Red flags for possible perks and add backs;
· Important considerations in working with your financial experts;
· How your expert can use the non-titled spouse to identify perks and add backs;
· How industry data and metrics play a role in the process.