Our Newsletters

As a service to our clients and colleagues, Brueggeman and Johnson Yeanoplos, P.C. offers the FCG Estate and Gift E-Flash e-mail estate update service and Litigation & Valuation Report newsletter.  Below, you will find decriptions of the most recent editions as well as links to their electronic versions.

If you would like to subscribe, send an email to us at valuations@bjyvalue.com.  Include your name, the name of your business, your complete mailing address, your active e-mail address, and your practice area.  Tell us which newsletter or service you would like to receive, and you will begin receiving your subcription(s) with the next edition, free of charge.


FCG Estate and Gift E-Flash

If you specialize in estate planning, subscribe to our FCG Estate and Gift E-Flash estate update service. As decisions are handed down, Brueggeman and Johnson Yeanoplos, P.C. will e-mail you the details.

The most recent E-Flash citation and summary are below.

Citation:

ESTATE OF ERMA V. JORGENSEN, Deceased; JERRY LOU DAVIS, Executrix and Co-Trustee; GERALD R. JORGENSEN, Co-Trustee, Petitioners, v. COMMISSIONER OF INTERNAL REVENUE, Respondent. No. 09-73250. United States Court of Appeals, Ninth Circuit. Argued and Submitted April 13, 2011 — Pasadena, California. Filed May 4, 2011.

Summary:

The Ninth Circuit Court of Appeals affirmed a Tax Court determination that values of assets transferred to two family limited partnerships (“FLP”) were includable in the Decedent’s estate under § 2036(a) of the Internal Revenue Code.  (Read More...)


Litigation & Valuation Report

The Litigation & Valuation Report provides you with timely articles about developments in the litigation and valuation industry. Full-color print issues are mailed to subscribers six times a year. Click on the image to the right for an electronic copy of the latest edition.

In the March/April 2012 issue, you will find:

Owner salaries and how they affect lost profits

On paper, a company’s profits may bear little relationship to its actual financial performance, since C and S corporations often treat salaries differently. This can affect a company’s ability to recover lost profits damages, depending on state law. This article looks at the seemingly anomalous results that can occur if a company pays out most of its earnings as owner salaries.
Anesthesiologists Associates of Ogden v. St. Benedict’s Hospital, 884 P.2d 1226, 1238, 1994 (Supreme Court of Utah)

Bettius & Sanderson, P.C. v. National Union Fire Insurance Co., Nos. 87-3036, 87-3043, Feb. 17, 1988 (4th Cir.)

Boltar illustrates the dangers of expert advocacy

In litigation, it’s critical for valuators and other expert witnesses to be objective, unbiased and reasonable. Experts who act as advocates for a party — and attorneys who urge them to do so — are asking for trouble. This article looks at a case in which a taxpayer’s experts greatly overvalued their client’s property, and the specific reasons why the Tax Court chastised them. A sidebar offers ways to ensure a valuation expert’s objectivity.

Boltar, LLC v. Commissioner, No. 25954-08, April 5, 2011 (U.S. Tax Court)

When divorce enters the picture

A qualified valuation expert can make a huge difference

When a married couple parts ways and one or both spouses own an interest in a business, it’s critical that they retain valuation experts — or perhaps a joint expert — to value not only the business interests, but also other marital assets. This article explains why valuations in divorce differ from other types of valuations, along with the difference between an “expert” and a “consultant.” It also examines how appraisers handle goodwill and forensic accounting issues in a divorce valuation..

What’s the value of intellectual property?

A valuator’s conclusions depend on many factors, but these are particularly complex for intellectual property (IP) valuations. This article explains that the valuator must know what type of interest is being valued, and whether it’s being valued on a stand-alone basis or as part of an aggregation of assets. An IP asset’s value is also heavily influenced by its remaining useful life.


Past Issues of Our Newsletters

Past Issues of Our E-Flash