Announcing our new partnership with Prosperity Partnersโ€”find out how this exciting collaboration benefits you!

Marital Dispute Resolution for High Net Worth Divorce

A divorce between high net worth individuals with business and financial ties can significantly alter the financial positions and tax situations for everyone involved.

Cendrowski Corporate Advisors focuses on sensitive client needs by providing a comprehensive analysis of the financial aspects of each case, supporting law firms and their clients with business valuations, tax implications, and lifestyle analyses for cases that involve child support and alimony. Our divorce dispute valuation services also include:

Navigating Divorce and Taxes

  • Income analysis
  • Net worth determinations
  • Advice on economic and tax issues
  • Trial testimony
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Client Success: Business and Income Valuation for Divorce Dispute

During a valuation engagement for a divorce case, the opposing spouse and his brother were the majority owners of several fast food operations of a small franchise chain. We were engaged to determine the value of the businesses and the cash flow received by the opposing spouse.

Through discovery, income tax returns with depreciation schedules were obtained along with franchise agreements and depositions of the franchisor and a minority owner. The tax returns reflected a lack of proper accounting procedures spanning over two decades. The gross value of each operationโ€™s property and equipment (depreciable) assets never changed from the original tax return on any franchise operations.

More importantly, the franchise fee per the franchise agreement was a flat 2% of sales. However, the franchise fee paid per the tax return usually exceeded 3% of sales every year. By recomputing income based on a 2% franchise fee, revenue was calculated to be understated by millions of dollars a year, exceeding eight figures over five years. The opposing spouseโ€™s share of the unreported income was a high six figures annually and mid-seven figures over the five years of tax returns. Based on the implied income of the opposing spouse and under-reported taxable income, a substantial settlement was provided to the opposing spouse within ten days.

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GGI European Regional Conference โ€“ Marbella, Spain

Event Date: May 9, 2025 Harry Cendrowski,ย Global Chairperson of the GGI Trust & Estate Planning (TEP) Practice Group and Partner at Prosperity Partners, delivered valuable insights during the TEP Practice Group meeting at this yearโ€™s GGI European Regional Conference in Marbella, Spain. Held at the METT Hotel & Beach Resort on May 9, the session […]

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A man in a suit smiles beside text promoting a Prosperity Partners webinar on Section 751(A), Form 8308, and partnership sales, featuring speaker John T. Alfonsi.

Section 751(a) & Updated Form 8308: Sales of Partnership Interests & Character of Gain

Event Date: April 30, 2025 This 110-minute CPE webinar provided a deep dive into the complexities of Section 751(a) transactions and the recently revised IRS Form 8308. John T. Alfonsi, Managing Director at Cendrowski Corporate Advisors, joined a panel of partnership tax experts to explain the filing requirements, reporting obligations, and tax character implications of […]

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Investment Risk Management Common Pitfalls to Avoid

Success in family office investing isn’t about knowing everything – it’s about knowing what you don’t know. Watch to learn why expert guidance and strategic portfolio diversification are crucial for protecting and growing family wealth. #LIVideo #familyoffice #advisor

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Let's Collaborate

Opportunities donโ€™t happen, you create them. The same is true for well-informed business decisions.

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