Description: While economists and political leaders may quibble over whether we are in a Recession, a Deep Recession or a full-fledged Depression, family lawyers know that the current economic turmoil is having a profound effect on divorce and post-divorce legal practice.

Financial assets may have plummeted in value – when they can be valued at all – and real estate may be almost impossible to sell. Commercial debt may be difficult to refinance, which is a concern when privately-owned businesses are at issue, and the current state of the residential mortgage and automobile finance markets raise challenges that we have not seen in decades. Then there are the unusual assets, such as the value of music catalogs and how royalty payments can be manipulated.

All-in-all, family law practitioners need to have a good understanding of what their clients’ assets, and debts, are really worth. This seminar will focus on what assets and debts are really worth in today’s economic climate, how marital property and income can be hidden or distorted, and how to look behind income tax returns and financial statements to help determine what really is “in play”.

This is a timely review reflecting today’s economic and financial situation.

SAVE MONEY: Use the prepaid CLE credits that come with your TBA Complete Membership and attend this course for free!. Not a TBA member, join now to start saving.