Member American Institute of CPAs, member Michigan Association of CPAs, Member National Association of Certified Valuation Analysts, member Up North Collaborative Divorce Professionals, member Collaborative Practice Institute of Michigan.
Areas of Practice
CPA – Certified Public Accountant
BA from Michigan State University, Accounting major from Ferris State University, Accounting major from Northwestern Michigan College
Professional Education CPA- Certified Public Accountant
CVA – Certified Valuation Analyst
Most divorces are settled without a trial. In addition to the more formal forms of alternative dispute resolution, the CPA can offer numerous services to assist the attorney in more informal settlement negotiations. The services rendered may take a variety of forms, but often include the following:
a. Preparation of a ‘Schedule of Assets, Liabilities, and Net Worth Worksheet’ reflecting the spouses’ entitlements and distributions of the marital estate assets and liabilities.
b. Preparation of a ‘Net Disposable Income and Personal Living Expenses Worksheet’ reflecting income levels and historical cost of living data obtained from the personal cash disbursement records, charge account records, and other resources.
c. Preparation of differing allocations of alimony and child support payments, including schedules that reflect the tax consequences of the various proposed allocations.
d. Preparation of an ‘Estimated Income Taxes on Differences between Fair Market Values and Tax Bases Worksheet’ to reflect the tax basis and tax consequences associated with the sale of assets.
e. Preparation of a schedule of pre-marital, gifted, or inherited assets.
f. Preparation of schedules reflecting estimated increases in retirement plan assets from the current date to the date of retirement.
g. Tax Planning
h. Discovery assistance
i. Valuation of businesses and professional practices
j. Assistance in finalizing property distributions and support agreements.
Collaborative Practice Training
Intro to Collaborative Practice Interactive Training
Jolie Gelman Weinberg, Esq
Practice Group Membership
Collaborative Practice Institute of Michigan
Lawrence E. Williams, CPA, CVA
L. E. Williams & Company, P.C.
Certified Public Accountant
Certified Valuation Analyst
996 Garfield Woods Dr., Suite A
Traverse City, MI 49686