Appraisal Witness: Qualified Expert

Appraisal Witness: Qualified Expert

Divorce Pension Division

Divorce Pension Division is always accomplished by an accredited personal property appraiser. Arriving at a fair split of the subject pension can only be done with a qualified appraiser determining the value of the pension at the time of the divorce.

Consider this hypothetical situation and the problems in determining a divorce pension amount. The recipient of the benefit began employment at 21, and is now 49. Their current pension plan allows them to retire after 30 years of service with a supplemented pension allocation. This means that the recipient is able to retire at 51 and receive an annual figure of $34,200 until they reach 62 years (when Social Security benefits commence). Once 62 years, they will continue to receive $17,100 annually, until death.

If, however, the recipient were to leave the company by the marital property accrual cutoff date at 50 years, with 29 years of service, their benefit entitlement would be $16,821 annually, commencing once they reached 65 years and continuing until death.
Depending on the approach used to determine the divorce pension amount, the amount allocated as the divorce retirement figure will be extremely different. If the divorce pension figure is decided by the deferred approach, then the non recipient will receive a divorce retirement settlement sum far below what the actual benefit will be worth.

The only time this dilemma does not present itself in divorce pension settlements is when the recipient is already retired, or if they have left employment. In all other situations, attorneys must confront this issue when determining a divorce retirement sum.
Where case law directs that you use the deferred vested approach to reach a divorce pension settlement amount, and you represent the non recipient, unless you can persuade the recipient to agree to a larger divorce retirement figure, the distribution of assets will be inequitable, but within the law.

Divorce Pension Division is one of the specialties of Durkin Valuation Associates. If the litigation involves a contesting of the Divorce Pension Division, Durkin Valuation Associates are expert appraisal witnesses giving irrefutable testimony to support our appraisals and valuations.
(617) 720-0332

Expert Appraisal Witness
  1. (required)
  2. (valid email required)
Please answer the Human verification question.

cforms contact form by delicious:days

Divorce Pension,appraisal witness

Technorati Tags: ,

Be Sociable, Share!

Leave a Reply

Charitable Contributions and Your Taxes: What You Need to Know  The Motley Fool

If you're donating money or goods to charity this holiday season, understand the rules behind this tax deduction.

14 Tips For Making Your Charitable Gift Tax-Deductible In 2018  Forbes

A tax deduction for charitable giving isn't guaranteed just because you're feeling generous. As with everything in tax law, it's important to follow the rules and ...

Year-end charitable gift strategies that give a tax deduction in return  Press-Enterprise

As we approach the end of 2018, you might be thinking about making gifts to charities that support causes important to you. The contributions might be for ...

The artist and the fundraiser

Why art for charity hurts the people who create it, in Madison and beyond.

That prehistoric fossil in your attic may be a tax break  CNBC

Cash and stocks aren't the only items people like to give away. Antique furniture, rare paintings, fossils and even gold molars are just a few of the items donors ...

Family finances: Charitable giving under the new tax law  Chicago Tribune

Changes under last year's federal Tax Cuts and Jobs Act will result in fewer taxpayers deducting their charitable donations on their 2018 returns.

Cryptocurrency Rules Are a Work in Progress. Here's What to Do for Now.  The Chronicle of Philanthropy

Here's what two of the top experts on tax and regulatory issues in the nonprofit world most often tell their nonprofit clients about how to handle donations of ...

Final rules govern adequate substantiation for charitable contributions  Journal of Accountancy

Final regulations address how taxpayers can comply with the requirements for adequate substantiation of charitable contributions of money or property.

Colleges Are Baffled by Bitcoin Donations  Bloomberg

The University of Puget Sound got an offer it wasn't sure how to accept. A recent graduate had hit the jackpot and wanted to make a donation to the school.

Failure To Substantiate Charitable Contributions Costs Family $142,000 In Deductions  Forbes Now

On tonight's episode of Family Fued Fraud, we've got two cunning clans eager to prove who has the most flagrant disregard for the tax law! Let's meet our ...

Analysis | How to get a tax write-off from your home remodel  Washington Post

If you're thinking about remodeling your kitchen, bathroom or other part of your home, you might want to reconsider whether demolishing the space and sending ...

Retiree Tax Tip: Donating Items to Charity  Kiplinger's Personal Finance

Generally, the higher the value of your donation, the more records you'll need to gather.

13 Tips For Making Your Charitable Donation Tax-Deductible In 2017  Forbes Now

A tax deduction for charitable giving isn't guaranteed just because you're feeling generous. As with everything in tax law, it's important to follow the rules.

2018 Year-End Tax Update - The Long Goodbye  Lexology

Always know summer is over when I sit down to draft our annual Year-End Tax Update because the leaves are brown, the sky is gray, Rita's water ice…

Liberia: How Did State-owned Enterprises and Integrity Institutions Fare?  Front Page Africa

Monrovia – In Liberia, State Owned Enterprises (SOE), remains a key part of Liberia's economic growth responsible for generating millions, if not billions in ...

How to Donate to Charity Using Bitcoin  Investopedia

Charitable donations are not just a nobler use for your cryptocurrency than "lambo" – they're also tax-deductible.

Voices Giving life insurance to charity  Accounting Today

Life insurance and the associated tax issues are complicated. When you throw charity into the mix, it can get downright diabolical. It's not as much that the rules ...

PVA's expert: Matt Bevin's appraisal of Anchorage home was misleading  Courier Journal

A consulting appraiser says the appraisal used by Gov. Matt Bevin last year to establish the tax value of his Anchorage home is riddled with problems.

Did You Donate to Charity in 2017? Here Are 4 Things You Need to Know  The Motley Fool

Here's how to make sure your charitable donations are deductible and that you document them properly.

7 tax rules that apply to noncash charitable donations  MarketWatch

Thanks to unscrupulous taxpayers who once made a habit of claiming bogus charitable write-offs, the federal government has tightened the screws over the ...

Donating a car to charity? You might want to pump the brakes  CNBC

In theory, donating used cars to "charities" helps you unload vehicles, aid a cause and lower your tax burden. In reality, it's rarely such a win-win.

IRS Audit: Taxpayers Claim $145,000 Income Tax Deduction for Donations to Goodwill

Although taxpayers can claim valuable income tax write-offs for gifts of property to charity, they should not get greedy. If a taxpayer doesn't have the proper ...

Want to write off your donations at tax time? Here's what to know.  The Washington Post

It's tax season. It happens at the same time every year, and yet for a lot of people, it feels like a surprise. One of the most challenging tasks, especially for a ...

Boost your charitable giving this year, in case the GOP tax bill becomes law  CNBC

To take advantage of current parts of the tax code, consider maximizing your charitable giving this year.

Donors boosting charitable giving ahead of tax reform  CNBC

Provisions in the tax reform bill would make it wise to consider gifting more this year, experts say.

Charitable Deduction Rules for Maximizing Your Tax Return  Motley Fool

Before you claim a charitable deduction, it's important to know how much to claim, what qualifies, and red flags the IRS will look for.

The Average American's Charitable Donations: How Do You Compare?  The Motley Fool

Here's how charitable the average American is, and what it means to you.

How To Save On Taxes By Giving To Charity  Forbes: Intelligent Investing

Giving to charity is a great way to get a tax break, and do good at the same time. But the rules are tricky. Here's a guide.

Everything you need to know about tax deductions for charitable donations  MarketWatch

The federal income tax rules for deducting personal charitable donations are complicated. Here's what you need to know.

More donors give bitcoin and assets other than cash to charities  CNBC

Charitable donations can be more than cash. A growing number of people are giving noncash assets, such as bitcoin, life insurance policies and restricted stock, ...

When Charitable Donations Give Back to You: The Charitable Contribution Tax Deduction  The Motley Fool

Here are the rules and requirements of the charitable contributions tax deduction, so you can maximize your tax break the right way.

AG tells Cedar Park no deal on tax exemption  Austin Monitor

Attorney General Ken Paxton has ruled that the city of Cedar Park is not allowed to set its minimum property tax exemption at $10,000 but must use the $5,000 ...

Avg. American's charitable donations: How do you compare?  USA TODAY

You might be wondering how much money or property the average person of your income level gives each year. Here's a breakdown of Americans' charitable ...

Make Sure You Have Proof to Support Your Charitable Tax Deductions  Kiplinger's Personal Finance

In an audit, the IRS may deny your charitable write-offs if you don't have a record of your contributions.

Big land donation includes Rappahannock River access  Fauquier Now

Fauquier County park with canoe launch on 196 acres at Waterloo could open in the spring.

It's Hard To Satisfy The Qualified Appraisal Requirement For A Charitable Contribution If You Appraise The Wrong Property  Forbes

Make no mistake: the IRS has been cracking down on charitable contributions. It's not that they don't want you out there giving; to the contrary, the *Service* is fully ...

Ask Kim: Make sure you have proof to support charitable tax deductions  Chicago Tribune

Q: What records do I need to keep or receive from a charity to deduct my contributions when I file my 2017 taxes?

How to Donate Books for Tax Deductions

If you hate dusting off your old books and like saving money on your taxes, donating them could save you hassle and money. However, if you don't meet the ...

Tips to Get the Best Tax Deduction on Donated Items

Consumer Reports explains how to claim donated items on your tax return for the maximum tax deduction.

How Clients Can Realize Tax Rewards for Charitable Generosity

As for charitable deductions claimed on 2017 returns filed this year, the prior rules remain in place. Here are five common situations when clients may benefit ...

How to deduct charitable donations on your taxes  Christian Science Monitor

It can be confusing to figure out how to list your charitable donations for tax season because different contributions have different rules. Here's how to clearly list ...

Planning for Collectibles  The CPA Journal

Collectibles, such as art, wine, jewelry, and coins and stamps, have long been important assets to individuals, particularly high-net-worth individuals.

The tax advantages of charitable giving  CNBC

Most Americans have upped their charitable donations this year, or should, if they want to reap the tax benefits.

Navigating the Tax Rules on Charitable Gifts  New York Times

Congress has been tightening the rules on charitable gifts for more than a decade, and following those rules is critical to getting the maximum deduction for gifts.

11 Tips For Making Your Charitable Donation Count On Your Taxes  Forbes

A tax deduction for charitable giving isn't guaranteed just because you're feeling generous. As with everything in tax law, it's important to follow the rules.

Couple Receives $34k Tax Deduction for Kitchen Remodel Bethesda, MD  PR Web

If you are contemplating a substantial new kitchen remodel, whole house renovation or even a new bathroom design you may want to learn more about ...

The unsustainable “bad math” of property taxes  TribTalk

Dale Craymer is right. In his Feb. 5 column “Bad Math: Replacing property taxes with higher sales taxes doesn't add up for Texans,” he argues that raising the ...

5 Mistakes to Avoid When Donating Household Items |® News

If you want a tax break when donating household items, avoid making these mistakes that could send the IRS knocking on your door.

The Gift of Goodwill: How to Make Sure Uncle Sam Subsidizes Doing the Most Good  Bloomberg BNA

We've all been there – we trundle in to the local Salvation Army or Goodwill thrift store, or any of the dozens of other charities that collect used items, hand over a ...

How To Donate Bitcoin To Charity And Get A Big Tax Deduction  Forbes

New IRS rules create paperwork problems for users of virtual currency, but also allow generous income tax deductions for Bitcoin donors.

Planning and Tax Considerations for Collectibles  The CPA Journal

Many individuals have substantial investments in collectibles, such as art, stamps, coins, autographs, books, maps, baseball cards, glassware, antiques,

A lifetime of collecting means you need to do some planning today  MarketWatch

Collectibles are often the most valuable assets in an estate. What starts out as a hobby turns into a passion and eventually becomes a lucrative investment, built ...

Orange Property Appraiser Rick Singh accusers stand firm, but review discredits allegations against him  Orlando Sentinel

Two former top employees of Orange County Property Appraiser Rick Singh, both women, stand by claims he mistreated them and broke rules and laws, despite ...

When you can take a charitable deduction, and how to do it  CBS News

The IRS has different rules for different kinds of gifts, including the documentation you need to get and keep.

Avoid these pitfalls to get the full tax benefit of your charitable contributions  Smart Business Network

U.S. businesses and individuals tend to be generous with their time, talents and treasures. Turning that generosity into an allowable tax deduction against ...

Car Appraisals & Claims LLC now offers Charity Vehicle Appraisals  PR Web

With tax season quickly approaching, America's leading vehicle appraisal company, Car Appraisals & Claims LLC, is now offering appraisals for donated cars ...

Get Tax Breaks for Charitable Giving  Kiplinger Personal Finance

Charity fund-raising reaches a fever pitch in the holiday season -- and your mailbox will likely be stuffed with appeals for help. Before you open your wallet, you ...

Generous Tax Tricks  Forbes

If you want to do well while doing good, contribute your private company stock to a donor-advised fund--not an old-fashioned private foundation.

Tax Deductions for Non-Cash Charitable Donations  NerdWallet

Most of our giving to charities is in cash, but donating household goods, food, clothing and other items can reduce your tax bill, too.

12 Tips For Making Your Charitable Donation Tax-Deductible  Forbes Now

Feeling generous? Here are 12 tips to keep in mind to make sure your charitable donations are tax-deductible.

Donate to a charity? IRS sets rules for taking deductions  The Seattle Times

Did you donate a car to a charitable organization in 2015, or some clothing to the church thrift shop? Maybe you made a cash contribution to your alma mater or ...

A retrospective: What passed muster with City Council, and what didn't  WHYY

This story originally appeared on PlanPhilly. —. It's easy to keep track of big-ticket items — like the capital budget or this year's construction tax — during the ...

Support Us  Charlottesville Tomorrow

Charlottesville Tomorrow is a non-profit organization completely supported by private donations. All gifts are welcome and appreciated and every dollar is used ...

Give and Get Back: Charitable Acts That Are Tax Deductible  U.S. News & World Report

Each year, many of us celebrate the season of giving by donating time, money or much-needed items to those less fortunate. What most people don't realize is ...

Sudden Tax Impact of Year-End Charitable Donations

Are you looking to reduce your 2016 tax liability in the waning days of the year? There's still plenty of time to contribute to one or more of your favorite charities.

Lack of Qualified Appraisal Sinks Charitable Deduction  Bloomberg BNA

The Tax Management Transfer Pricing Report ™ provides news and analysis on U.S. and international governments' tax policies regarding intercompany ...

How to Get a Mortgage With No Down Payment  U.S. News & World Report

Understand if buying a home with no money down is a smart financial move. Learn about your options and choose the best lender.

Architectural Finds Tent Sale Coming to Oak Park  Wednesday Journal

On Sunday October 14, 2018, the first of its kind Architectural Finds Tent Sale will take place in Oak Park on the lawn of the Frank Lloyd Wright Home and Studio.

Protect Yourself From a Tax Audit  Yahoo Finance

If you're spending the next week or so working on your taxes, you might find some relief in knowing that the chances of being audited are the lowest in years.

Charitable Contributions: Acknowledgements, Appraisals and the IRS's Strict Rules  Lexology

Upon audit, if a taxpayer does not have a contemporaneous written acknowledgment with all three items of information required, the entire charitable…

5 Ways to Write Off a Charitable Donation

In his continuing series on itemized deductions, columnist Ken Berry turns his attention to charitable donations. Here are five common opportunities to deduct ...

How Does Trading In a Car Work?  U.S. News & World Report

Trading in your current vehicle to a car dealership is an easy way to part with it when it's time to buy or lease a new or used car. You're essentially selling your ...

A harsh lesson on charitable contributions  Reuters

A California entrepreneur got a harsh lesson on the rules of charitable contributions this week when the U.S. Tax Court denied his $18.5 million deduction for ...

Tax Benefits for Donating to a 501(c)(3)

The federal tax code offers a tax deduction for contributing to charitable organizations, also known as 501(c)(3) organizations. The organizations aren't operated ...

Ultra Music Festival gave thousands to Miami campaigns. Will donations sway votes?  Miami Herald

Commissioners are expected to vote soon on a contract for Ultra Music Festival. The festival needs a new deal to stay in Bayfront Park. The vote will test ...

Women's Foundation raises over $700000 for women and girls  Inside Tucson Business

The Southern Arizona Women's Foundation is raising awareness and money for issues affecting women and girls at its 25th annual luncheon, on April 18.

Tax Tips: 3 Charitable Deduction Traps to Avoid  The Fiscal Times

With U.S. income tax rates up this year, more Americans will likely be looking for charitable donations that can offset their higher tax bills. But getting the ...

Choosing Experts to Appraise Collectibles and Valuables  New York Times

Tracking what valuable collectibles you own and keeping up to date on appraisals is crucial for taxes and insurance and in case of divorce.

A Muslim Founder of the Social Sciences?  lareviewofbooks

FOUNDER OF SOCIOLOGY, forerunner of Marx, economist, and anthropologist avant la lettre: over the past century few medieval thinkers have been lauded ...

Here's What the IRS Does to People Who Fudge the Truth on Charitable Donations

Court nullifies $37000 deduction for donations of used property to charities, then adds 20% penalty.

Ask the taxgirl: Charitable Contributions and Receipts  Forbes

donations (Photo credit: osseous) Taxpayer asks: The receipt say you can deduct up to 250 but if it is over 250 it says you have to get the items appraised?

Re-Building Trust in The Non-Profit Sector Through Cryptocurrencies and Blockchain Technology  Nasdaq

By Francesco Nazari Fusetti, Founder and CEO of CharityStars and Aidcoin. The not-for-profit sector today is worth an estimated $2 trillion USD worldwide, yet ...

10 Tax Moves To Make Before Summer Begins  Forbes Now

Now that schedules are a bit more relaxed, summer can be a great time to catch up on your to-do list, including ways to save on your tax bill before year-end.

Campaign fundraising for June primary exceeds $711000 to date.  Monterey County Weekly

After County Supervisor Mary Adams ran her first campaign for office two years ago, she was surprised by how much money went into it, and decided once she ...

10 Reasons You Should Get a Business Appraisal  Small Business Trends

Valuing a business can cost thousands of dollars. But it may be necessary in some situations. Here are reasons to get a business appraisal.

Summertime Tax Tip #7: Salvage Tax Deductions by Donating Household Items  CPA Practice Advisor

It's a common practice during the summer: After a spring cleaning, people try to sell the household items they no longer need or want in a “garage sale” (known ...

Trump has vowed NOT to touch this very popular and effective personal tax deduction  MarketWatch

Your good deeds will continue to get properly rewarded.

Ready to upgrade your home? This Arlington incentive program can earn you a reward  Star-Telegram

The city of Arlington's Home Improvement Incentive Program can help pay for capital improvements and energy efficient renovations that will increase the value ...

Greg Abbott’s Million Dollar Donor  Texas Monthly

A Central Texas rancher dropped some major cash into the governor's $40 million campaign fund.

Get a Tax Break for Donating Your Time-Share  Kiplinger Personal Finance

Don't pay more than a few hundred dollars in transfer fees to pass your time-share to a charity.

Nachand Fieldhouse meets fundraising goal with downtown school approval  Newsandtribune

JEFFERSONVILLE — When Clark County voters decided on Friday to support a new downtown school, they also funded a new (or at least renovated) ...

Banks are lending again in Detroit...if you live in the right neighborhood  Bridge Michigan

Mortgages are up more than a third in the city, but the housing comeback has left out entire swaths of Detroit. City leaders urge patience.

Can an LLC Make Charitable Contributions?

Each state establishes its own rules for the formation of limited liability companies, and an LLC is not a recognized business structure for federal income tax ...

Poor Return Preparation Kills Facade Easement Tax Deduction  Forbes

VideoThe Tax Court opened the new year with a charitable easement decision. It is pretty disappointing. Charitable easements are a great area of creative ...

Hundreds of internet users crowdfund billionaire Elon Musk $5,000 for a new sofa  The Telegraph

Workaholic Tesla boss Elon Musk has been working under a lot of stress at work lately, pulling night shifts and sleeping in the office on a cold, cramped sofa.

The Top Ten Tax Cases Of 2012, #6: No Good Deed Goes Unpunished - Failure To Follow Appraisal Rules Costs Taxpayer $19 Million Charitable Contribution Deduction  Forbes

Living where I do, I routinely engage in several activities that one might thing of as "dangerous:" primarily backcountry skiing -- where deadly avalanches are a ...

Money-Smart Ways to Get Rid of Your Stuff  Kiplinger's Personal Finance

Maybe you're downsizing from a sprawling house in the suburbs to a downtown condo. Perhaps a parent is moving to a retirement community, and you and your ...

Bob Ballinger and Ecclesia College | Arkansas Blog  Arkansas Times

State Rep. Bob Ballinger (R-Berryville) is one of 10 current and former legislators who directed public General Improvement Fund money to Ecclesia College, ...

How to Donate Complex Assets  Kiplinger Personal Finance

Expert help is required when you want to give a charity an asset such as a Web domain name or a share in a family business.

If I donate used property to charity, what documentation is needed?  Des Moines Register

The documentation needed to obtain a federal income tax deduction for donating used property to charity typically depends on the value of the property.

Copyright © 2008, 2009, 2010, 2011, 2012 All rights reserved.