Business Valuation Basics for Family Law Attorneys

MCLE Credits: 2.0
Ethics Credits Included: 0.0

Tuesday, March 5, 12:00 p.m. - 2:00 p.m. ET - CANCELED
Learn more about Virginia CLE webcast format
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Thursday, March 21, 11:00 a.m. - 1:00 p.m. ET - CANCELED
  • Webcast with Live Q&A
  • Telephone with Live Q&A
MCLE Credit: 2.0 (Ethics: 0.0)
Live-Interactive Credit: 2.0 (all dates, all formats) Live Interactive MCLE Credit Symbol
Registration Fee: $150

Information

Why Attend?

Learn how to navigate the complexities of a business valuation of a closely held business for your clients.

  • Learn what is a “business” in Virginia for purposes of property division
  • Understand when a business must be valued for property division
  • Recognize the potential malpractice issues a family lawyer may face for failure to identify the business to your client and to explain the necessity to have the business valued
  • Learn business valuation issues unique to Virginia property division for divorce
  • Review a sample business valuation report

This program has been canceled.

Family lawyers must be able to navigate the complexities of a business valuation of a closely held business for their property division clients. Failure to properly do so may result in malpractice liability. The property division of a closely held business can be riddled with traps hiding in the definition of “business,” discount rates, discounts, multiples, and double dipping. Manipulation of the variables can create very diverse values of a business, possibly resulting in a “non-equitable” property division.

This seminar will present a basic explanation of these complex issues and the elements of a business valuation so the family law practitioner may better advocate for his or her client.

Topics to be covered include:

  • What is a “business” that is subject to property division?
  • When is a business valuation required?
  • Selecting a Business Valuator—business valuation expert credentials
  • Types of business valuations
  • Business valuation issues unique to Virginia property division for divorce
  • Elements of a business valuation report
 

Discounts available for Virginia CLE hybrid seminars Follow link to learn about how Online Bundle credits offer 40% discount Follow link to learn about coupons for lawyers in First Year in Virginia practice Follow link to learn about discount for New Virginia Lawyers (first 3 years) Follow link to learn about Government Employee discount Follow link to learn about Legal Aid discount

Follow link to learn about how Online Bundle credits offer 40% discount Follow link to learn about coupons for lawyers in First Year in Virginia practice Follow link to learn about Government Employee discount Follow link to learn about Legal Aid discount

Registration Deadlines:
Webcast: 10 minutes prior to seminar. If you register for a webcast the day of the seminar, your e-mail receipt will include a link to launch the seminar and download the materials.
Telephone: Online registration ends at 11:59 p.m. the day preceding the seminar
Call (800) 979-8253 to register up to one hour prior to the seminar
Live on Site: Online registration ends at 11:59 p.m. the day preceding the seminar
Walk-in registration is permitted on a space-available basis

Cancellation Policy: Cancellation/transfer requests will be honored until 5:00 p.m. the day preceding the seminar. You will, however, be charged $40 if you cancel or transfer your registration to a different seminar after the link to the materials has been e-mailed by Virginia CLE.

Full refunds or transfers are available up to two days after a webcast in the unlikely event that you experience technical difficulties.

MCLE Credit Caveat: The MCLE Board measures credits by the time you spend in attendance. If you enter a seminar late or leave it early, or both, you must reflect those adjustments accurately in the credits you report on your credit reporting form. A code will be given at the end of the seminar, which must be written on your MCLE form.


Can't Attend?
E-mail distance_ed@vacle.org to be notified when/if this program is made available as an online or USB seminar.
E-mail publications@vacle.org to be notified when/if this program's seminar materials are made available for sale.

Schedule

COURSE SCHEDULE (March 5) (Eastern Time)

12:00 Business Valuation Basics for Family Law Attorneys
2:00 Adjourn
  • Sign-in for live seminar attendees in Charlottesville begins at 11:30 a.m.
  • Q&A will be handled via chat room for Webcast attendees.
  • Q&A will be handled via e-mail for telephone seminar attendees.

COURSE SCHEDULE (March 21) (Eastern Time)

11:00 Business Valuation Basics for Family Law Attorneys
1:00 Adjourn
  • Q&A will be handled via chat room for Webcast attendees.
  • Q&A will be handled via e-mail for telephone seminar attendees.

Faculty

ABOUT THE SPEAKER

Dwight A. Ensley, JD, MBA, BBA, CVA / Greensboro, NC

Dwight A. Ensley is a Certified Valuation Analyst and a North Carolina licensed attorney. He is the founder and principal of ValuePointe.biz, a valuation firm that performs valuations of closely held businesses and defined benefit pension plans for divorce cases. His credentials include Juris Doctor, Masters of Business Administration, Bachelors of Business Administration, and Certified Valuation Analyst. Mr. Ensley has provided expert testimony in numerous family law cases across North Carolina and Virginia. His experience and knowledge has afforded him the opportunity to continually serve in a court appointed capacity as a designated valuator throughout NC. In addition to providing certified valuation reports for clients, he presents at CLE events throughout NC, SC, and VA and has earned the distinction of being a Virginia Bar Association CLE Faculty and Author in 2016.  

Mr. Ensley has over 25 years of experience in buying, selling, and managing his own closely held small businesses. As a result, he has an in-depth understanding of the operations and accounting associated therein. Utilizing his extensive background in business, he has authored several books including Closely Held Business Valuation Basics for Family Lawyers and When the Wrong Person Gets the Money, The ERISA Federal Preemption Trap in Equitable Distribution. His articles have been published by such organizations as the American Bar Association Young Lawyers Division, the North Carolina Bar Association Family Law Section, and the State Bar of Georgia Family Law Section Newsletter. He also regularly updates his blog with current business valuation related posts which can be viewed at ValuePointe.biz.

Locations, Dates and Fees

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