LBMC Launches Family Law Support Services
LBMC, a prominent accounting and business consulting firm, is thrilled to announce the launch of its Family Law Support Services practice. This new initiative introduces two shareholders, Cheryl Panther and Scott Womack, whose expertise will greatly enhance LBMC's existing Litigation Support and Valuation Practice. Their addition comes shortly after LBMC expanded its Consulting and Business Intelligence division, demonstrating the firm’s dedication to offering more extensive advisory services to its clients.
Introducing Comprehensive Family Law Support
With the creation of the Family Law Support Services practice, LBMC is equipped to provide custom financial and advisory solutions tailored for clients facing family law challenges. The combined knowledge of Cheryl Panther and Scott Womack will enable LBMC to offer exceptional support in the complex financial situations that often arise in family law cases. Jim Meade, the CEO and Managing Shareholder of LBMC, highlighted 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 includes a range of specialized offerings aimed at helping clients, attorneys, and courts navigate family law disputes. These services feature:
- Valuation Services: Professional assessments of businesses, professional practices, and various assets, which involve distinguishing between marital and separate assets and conducting thorough analyses of personal goodwill.
- Forensic Services: Detailed tax and lifestyle analyses, asset tracking, and evaluations of financial behavior.
- Litigation Support: Provision of expert testimony, assistance with discovery processes, and preparation for depositions and trials.
- Collaborative Divorce and Mediation: Serving as a financial neutral in collaborative divorce situations and offering mediation services following Tennessee Rule 31.
- Post-Divorce Support: Ongoing financial implementation assistance and education for clients following divorce.
Meet the Experts: Cheryl Panther and Scott Womack
Cheryl Panther has joined LBMC as a co-leader of the Family Law Support Services practice. With over thirty years of experience, she brings invaluable knowledge in financial planning and litigation support. Before her role at LBMC, Panther founded Panther Financial Planning, where she focused on creating tailored solutions for clients facing divorce and estate planning issues. As a Tennessee Supreme Court Rule 31 Listed Family Mediator, her expertise in financial and taxation matters is a significant asset for clients and their legal teams.
Scott Womack's Leadership
Scott Womack returns to LBMC, carrying with him a wealth of experience in business valuation and family law litigation support, which strengthens the firm’s capabilities. With more than 25 years in the field, he has collaborated closely with family law attorneys, concentrating on asset valuation and providing expert testimony. Additionally, he serves as Practice Leader for LBMC’s Auto Dealership industry, thereby expanding LBMC’s footprint in this important sector.
LBMC's Vision and Commitment
LBMC is committed to fostering financial clarity and offering strategic support to clients facing family law disputes. The firm's leadership emphasized the importance of these new appointments. Jim Meade noted, "Cheryl and Scott’s collective experience amplifies our capacity to support clients with insight and professionalism during challenging times, ensuring their financial interests are safeguarded." With strong advisory services ready to tackle the growing complexities in family law, LBMC is well-equipped to assist clients in navigating the significant trials associated with divorce and family disputes.
Frequently Asked Questions
What is the purpose of LBMC's Family Law Support Services?
The Family Law Support Services practice provides customized financial and advisory assistance to clients facing family law disputes, ensuring that their interests are safeguarded during the process.
Who are the key individuals involved in the Family Law Support Services practice?
Cheryl Panther and Scott Womack are spearheading 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 services such as valuation assessments, forensic analysis, litigation support, collaborative divorce mediation, and post-divorce financial assistance, among other specialized services.
How does LBMC ensure comprehensive support for clients?
By leveraging the expertise of its team and providing customized financial solutions, LBMC aims to effectively address the intricate financial disputes often associated with family law cases.
Why is LBMC expanding its Family Law Support Services now?
This expansion reflects LBMC’s commitment to offering more comprehensive solutions that meet the increasing complexities in family law, ensuring clients receive exceptional support during difficult transitions.
