LBMC Enhances Offerings with New Family Law Support Services

LBMC Launches Family Law Support Services

LBMC, a leading accounting and business consulting firm, is excited to announce the debut of its Family Law Support Services practice. This expansion brings on board two new shareholders, Cheryl Panther and Scott Womack, who will significantly enhance LBMC's existing Litigation Support and Valuation Practice. Their arrival comes shortly after a notable expansion of LBMC’s Consulting and Business Intelligence practice, reflecting the firm’s commitment to offering more comprehensive advisory services to its clients.

Introducing Comprehensive Family Law Support

With the establishment of the Family Law Support Services practice, LBMC is set to deliver tailored financial and advisory solutions specifically designed for clients dealing with family law issues. The combined expertise of Cheryl Panther and Scott Womack will allow LBMC to provide top-notch support in complex financial scenarios that often arise in family law cases. Jim Meade, CEO and Managing Shareholder of LBMC, emphasized the importance of this expansion: "Our goal is to ensure our clients receive exemplary support during what can be some of the most challenging legal transitions of their lives."

Specialized Services for Family Law Cases

LBMC's Family Law Support Services encompasses a variety of specialized offerings aimed at assisting clients, attorneys, and courts in navigating family law disputes. These services include:

• Valuation Services: Professional evaluations of businesses, professional practices, and other assets. This includes distinguishing between marital and separate assets and conducting detailed analyses of personal goodwill.
• Forensic Services: In-depth tax and lifestyle analysis, asset tracing, and assessment of financial behavior.
• Litigation Support: Provision of expert testimony, assistance with discovery processes, and preparation for depositions and trials.
• Collaborative Divorce and Mediation: Acting as a financial neutral in collaborative divorce settings and offering mediation services as per Tennessee Rule 31.
• Post-Divorce Support: Ongoing financial implementation support and education for clients after divorce.

Meet the Experts: Cheryl Panther and Scott Womack

Cheryl Panther joins LBMC as a co-leader of the Family Law Support Services practice. With over three decades of experience, she brings substantial knowledge of financial planning and litigation support. Before her addition to LBMC, Panther founded Panther Financial Planning and specialized in providing tailored solutions to clients facing divorce and estate planning challenges. As a Tennessee Supreme Court Rule 31 Listed Family Mediator, her expertise in financial and taxation issues greatly benefits clients and their legal representatives.

Scott Womack's Leadership

Scott Womack returns to LBMC, bringing with him an impressive background in business valuation and family law litigation support, further enriching the firm’s capabilities. With over 25 years of experience, he has worked intimately with family law attorneys, focusing on the valuation of assets and providing expert testimony. Additionally, he has taken on the role of Practice Leader for LBMC’s Auto Dealership industry, broadening LBMC’s reach in this critical sector.

LBMC's Vision and Commitment

LBMC is dedicated to enhancing the financial clarity and strategic support provided to clients facing family law disputes. The firm’s leadership underscored the significance of these new appointments. Jim Meade remarked, "Cheryl and Scott’s collective knowledge and experience amplify our ability to support clients with insight and professionalism during tumultuous times, ensuring their financial interests remain protected." With robust advisory services ready to meet the growing complexities in family law, LBMC is well-positioned to serve clients through the significant challenges of divorce and family disputes.

Frequently Asked Questions

What is the purpose of LBMC's Family Law Support Services?

The Family Law Support Services practice aims to provide tailored financial and advisory support to clients navigating family law disputes, ensuring their interests are protected throughout the process.

Who are the key individuals involved in the Family Law Support Services practice?

Cheryl Panther and Scott Womack are leading the practice, bringing extensive experience in financial planning, business valuation, and litigation support.

What specific services does LBMC offer in family law cases?

LBMC offers valuation services, forensic analysis, litigation support, collaborative divorce mediation, and post-divorce financial assistance among other specialized services.

How does LBMC ensure comprehensive support for clients?

Through the expertise of its team and customized financial solutions, LBMC aims to address the complex financial disputes associated with family law cases.

Why is LBMC expanding its Family Law Support Services now?

This expansion is part of LBMC’s commitment to providing more comprehensive solutions to meet the growing complexities in family law and ensure clients receive unparalleled support during challenging transitions.

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