The professionals in Whitley Penn’s Forensic, Litigation & Valuation Services (FLVS) group are among the most sought-after experts in the field of marital property and divorce-related financial issues in the state of Texas. Our team specializes in helping attorneys and their clients understand and resolve the complex financial issues that impact the ultimate division of the marital estate.
Whitley Penn serves as an indispensable member of the professional team tasked with achieving a fair result during the divorce process. Our team of professionals is uniquely qualified to provide assistance to family law attorneys and individuals going through a divorce. The characteristics that set Whitley Penn apart from other financial experts providing services in the family law arena include:
- Experience: The Whitley Penn team has decades of experience consulting on marital estates of all sizes and complexities, ranging from estates worth less than $1 million with a limited number of assets to estates worth billions of dollars. Our professionals have provided hundreds of expert opinions in courts across the state of Texas and surrounding states.
- Reputation: Whitley Penn has an established reputation within the Texas family law community of attorneys and judges. Attorneys recommend our team to clients because we provide experienced professionals with opinions that are unbiased, well-supported, and persuasive.
- Size: The FLVS team at Whitley Penn is unique because of its size: with nearly 35 individuals, it is one of the largest groups of its kind in the state of Texas. The combined horsepower of our team is a key advantage that allows us to handle complex matters and a large case load in an efficient and effective manner.
- Knowledge: The fields of marital property and business valuation are constantly evolving. With up-to-date knowledge of relevant court cases and advanced techniques, Whitley Penn’s FLVS team is on the leading edge. Our professionals pride themselves on their subject matter knowledge and are regularly asked to share their expertise at conferences and seminars. Our deep understanding of the Texas family law statutes and how they have been interpreted over the years allows us to develop creative and successful solutions for our clients.
- Credentials: Our team possesses a wide breadth of professional credentials that emphasize our qualifications to testify on the financial issues that arise in a divorce proceeding. These credentials include CPAs, JDs, MBAs, ABVs, ASAs, and CFEs, among others.
- Locations: Whitley Penn is strategically located in the Dallas, Fort Worth, Houston, and Austin markets. From these offices, our FLVS team is able to meet the needs of attorneys and clients throughout the state of Texas and surrounding states.
Divorce is often a long, drawn-out process with complications at every turn. Whitley Penn offers a full range of services to provide valuable assistance every step of the way. Our professionals bring a diversity of backgrounds and experiences, allowing us to handle virtually any financial issue that arises during a divorce proceeding. The comprehensive range of family law related services and capabilities provided by our team includes:
- Identification of marital assets;
- Preparation of discovery requests;
- Tracing and characterization of a spouse’s separate property estate;
- Calculations related to potential reimbursement, reconstitution, and other equitable claims in compliance with family law statutes;
- Forensic accounting analysis and investigation;
- Valuation of closely-held companies;
- Valuation analysis related to other marital assets such as retirement and stock-based compensation plans;
- Assistance as a financial neutral in the collaborative family law process;
- Preparation of expert reports;
- Review and rebuttal of opposing expert opinions;
- Assistance in mediation and settlement negotiations, including analysis of potential tax considerations;
- Expert witness testimony at hearings, depositions, and trials;
- Assistance in the development of trial strategy;
- Preparation of trial exhibits to assist the judge or jury; and
- Assistance with deposition and cross examination questions for the parties and opposing experts.