Discovering Hidden Assets in Divorce

Agenda / Content Covered

All times are shown in Eastern time

1. Checklist of Essential Documents to Obtain
   10:00 - 10:15, Tifanne E.E. Wolter
2. Electronic Information Resources and Discovery Tools
   10:15 - 10:30,Tifanne E.E. Wolter
3. Step-by-Step: Analyzing Tax Returns for Hidden Assets/Income (With Completed Forms)
   10:30 - 11:00, Tifanne E.E. Wolter
   1. What to Look for on Form 1040, Schedules and Attachments
      1. Reviewing Form 1040/W-2
      2. Dissecting Schedules A, B, C, D, E and SE
   2. Examining Schedule K-1, Form 1065 & 1120S
4. Analyzing Individual Financial Records
   11:00 - 11:15, Tifanne E.E. Wolter
   1. Checking and Savings Account Statements
   2. Credit Card Statements
   3. Loan Applications and Credit Reports
5. Analyzing Individual Financial Records (Continued)
   11:30 - 12:00, Kabara Korth Praskavich
   1. Investment Account Statements
   2. Retirement Account Statements
   3. Life Insurance Cash Values
   4. Outstanding Loans to Family/Friends
   5. Discovering Offshore Accounts/Assets
6. Business Divorce: Identifying Red Flags
   12:00 - 12:15, Kabara Korth Praskavich
   1. Financial Statements Analyses
   2. Cash Flow Procedures/Statements
   3. Cash Transactions and Unrecorded Accounts Receivable
7. Examining Estate, Gift, and Inheritance Tax Returns for Gifts or Bequests
   12:15 - 12:30, Erika E. MacCormac
8. Ensuring Custodial Accounts or Trusts Aren't Being Used to Veil Assets
   12:30 - 12:45, Erika E. MacCormac
9. Are Found Assets Marital or Non-Marital? How to Differentiate
   12:45 - 1:00, Erika E. MacCormac
10. Insights on Selecting and Working with Forensic Accountants
    1:00 - 1:15, Kabara Korth Praskavich

Accreditation Details:

KABARA KORTH PRASKAVICH is a partner in the law firm of Maddox & Gerock, P.C., in Falls Church, Virginia. She has experience working on all types of family law issues and leading clients through custody, support, property/debt division, divorce, modifications, and enforcement actions and tailors her approach to each specific case. Ms. Praskavich especially enjoys working on cases involving business division and other complex assets, and takes pride in ensuring her clients understand the process and law. She received her B.A. degree from the University of Chicago and her J.D. degree from Georgetown University Law Center. Ms. Praskavich is a member of the Northern Virginia Chapter of the Virginia Women Attorneys Association, Fairfax Bar Association, and Virginia State Bar.

ERIKA E. MacCORMAC is an attorney with Winslow & McCurry, PLLC, in Midlothian, Virginia. She practices exclusively in the area of family law including, but not limited to, annulment, child custody, child support, divorce, equitable distribution, mediation, paternity, QDRO's and spousal support. Ms. MacCormac also serves as a guardian ad litem for children. She is a member of the Chesterfield County Bar Association and the Virginia State Bar (Family Law Section). Ms. MacCormac received her B.A. degree from Virginia Tech and her J.D. degree (certification of concentration in family law) from the University of Richmond.

TIFANNE E.E. WOLTER is an attorney with Henningson & Snoxell Ltd. She has practiced family law exclusively for more than a decade. Ms. Wolter has assisted a wide array of clients with divorce, custody, paternity, child support, third party custody, parenting time, and domestic abuse matters. She is trained in collaborative divorce and mediation, and, upon graduating from law school, she obtained a certificate in dispute resolution from Hamline University School of Law. After earning her Juris Doctorate degree, Ms. Wolter worked for Legal Aid and helped victims of domestic abuse and low income clients with family law issues. She is the past chairperson and representative to the assembly for the Minnesota State Bar Association (Family Law Section). Ms. Wolter has been involved with the Family Law Section for many years. Previously she was the vice chairperson and chairperson of publications. She earned her B.A. degree from Concordia College, Moorhead, Minnesota and her J.D. degree from Hamline University School of Law, St. Paul, Minnesota.