Nashville, Tenn., Sept. 19, 2024 (GLOBE NEWSWIRE) -- LBMC, a top accounting and business consulting firm in the nation, is pleased to announce the launch of its Family Law Support Services practice with the addition of two shareholders, Cheryl Panther and Scott Womack. This strategic expansion adds to LBMC’s robust Litigation Support and Valuation Practice and comes just two months after the firm announced the expansion of its Consulting and Business Intelligence practice. Part of LBMC’s rapidly growing Advisory practice, Family Law Support Services provides expertise and specialized support for litigated divorce and family law matters, as well as collaborative and mediation processes.
Comprehensive Services for Complex Family Law Matters
"With the addition of the Family Law Support Services practice, LBMC further enhances our commitment to providing comprehensive and personalized financial and advisory solutions to our clients. The expertise Cheryl Panther and Scott Womack bring to this practice allows us to support our clients with the highest level of professionalism and insight in the complicated areas related to family law. Their combined experience in financial planning, business valuation, and litigation support enhances our ability to guide clients through complex financial disputes, ensuring their personal and financial interests are safeguarded throughout the entire process,” said Jim Meade, CEO and Managing Shareholder of LBMC.
LBMC’s Family Law Support Services practice specializes in assisting clients in family law matters and disputes, providing financial and advisory services to divorcing spouses, their attorneys, courts, and family offices and other related entities. Services include:
- Valuation Services: Valuation of businesses, professional practices, executive compensation, stock options, pensions, and other assets. Additional valuation services include identification, categorization and tracing of marital vs. separate assets, identification and allocation of personal and enterprise goodwill, and active vs. passive appreciation analyses.
- Forensic Services: Tax analysis, lifestyle analysis, dissipation analysis and asset tracing.
- Litigation Support: Expert testimony, discovery assistance, deposition preparation, and trial preparation.
- Collaborative Divorce and Mediation: Serving as financial neutral in collaborative cases and as a mediator under Tennessee Rule 31, and providing business valuation services.
- Post-Divorce Support: Financial implementation, ongoing education and post-divorce support.
Cheryl Panther joins LBMC as co-leader of the practice area for expert financial services to family law and estate attorneys and their clients, bringing more than 30 years of experience to her role. Prior to joining LBMC, Panther served as Founder of Panther Financial Planning, LLC, and Panther Financial Divorce Solutions, LLC, where she provided financial solutions to clients navigating divorce settlements and estate strategies.
A Tennessee Supreme Court Rule 31 Listed Family Mediator, Panther specializes in creative analytical solutions for the complex financial and taxation issues in divorce cases and settlements, providing a variety of specialized financial services to clients and their attorneys as a neutral financial expert. She brings that same level of expertise to forensic, tax, and financial analyses as a consulting or testifying expert in complex litigated divorce matters. In addition to family law expertise, Panther offers comprehensive financial planning that complements LBMC's tax strategies, providing a holistic approach to help individuals and families navigate financial transitions while staying aligned with their values.
Panther’s additional designations include Certified Public Accountant/Personal Financial Specialist, Advanced Divorce Financial Analyst, and Certified Divorce Financial Analyst. Panther is a member of numerous organizations, including the American Institute of CPAs, Tennessee Society of CPAs, Institute for Divorce Financial Analysts, and the International Academy of Collaborative Professionals. She holds her undergraduate degree from the University of Tennessee, Knoxville and her Executive Certificate in Financial Planning from Belmont University.
"We are pleased to welcome Cheryl Panther to co-lead LBMC’s Family Law Support Services practice,” said Meade. “Cheryl’s unique skill set and unmatched experience enhances LBMC’s ability to provide clients with the financial clarity and strategic advice needed during some of life’s most challenging transitions, ensuring we continue to deliver the highest level of expertise and support to protect their financial interests.”
Scott Womack returns to LBMC after serving as Senior Vice President at Mercer Capital, bringing more than 25 years of experience in business valuation and litigation support, with a focus on family law litigation, including traditional litigated divorce and collaborative divorce. Womack works closely with family law attorneys in divorce matters including valuation of assets, forensic accounting, and expert testimony.
Womack also joins as Practice Leader for LBMC’s Auto Dealership industry, further expanding the firm’s national reach in the auto industry space. As the auto dealership industry expert, Womack provides valuation services to dealerships throughout the U.S. related to corporate planning and reorganization, transactions, employee stock ownership plans, litigation support, and tax issues.
Womack is a member of the American Academy of Matrimonial Lawyers (AAML) Foundation, Forensic and Business Valuation Division, American Society of Appraisers (ASA), National Association of Certified Valuators and Analysts (NACVA), National Association of Dealer Counsel (NADC) and National Independent Auto Dealer Association (NIADA). An Accredited Senior Appraiser (ASA) and a Master Analyst in Financial Forensics (NACVA), Womack holds his bachelor’s degree from Baylor University.
“We are thrilled to welcome Scott Womack back to LBMC. His extensive experience in providing expert testimony in family law litigation as well as his expertise in the auto dealership industry make him an invaluable asset to LBMC and our evolving client base. His leadership will strengthen our ability to offer specialized valuation services and strategic support, particularly in addressing complex legal matters and the unique needs of auto dealerships across the country,” said Meade.
To learn more about LBMC’s Family Law Support Services practice, click here.
About LBMC
LBMC is a 2024 USA Today Top Recommended Firm, one of the Southeast’s largest accounting and business consulting firms, and an Accounting Today Top Firm in the Nation serving approximately 11,000 clients with diverse needs across a spectrum of industries. Primary client groups include privately-owned and private-equity-backed middle market companies in the healthcare, manufacturing/distribution, real estate, and technology spaces. At the forefront of innovation, LBMC leverages advanced business intelligence and AI technologies to drive growth, efficiency, and strategic insights for our clients. Founded in 1984 as a traditional accounting firm, LBMC today is an industry leader in audit, tax, advisory, technology, human resources, and wealth advisory services for businesses and individuals. LBMC has more than 900 team members, with offices in Nashville, Chattanooga, and Knoxville, Tennessee; Louisville, Kentucky; and Charlotte, North Carolina. A four-time national certified Great Place to Work, LBMC was also named a Best Workplace in Consulting & Professional Services. For more information on LBMC’s experts and comprehensive services, visit our website or call 615.377.4600. LBMC is growing, and job opportunities can be found on our careers page.
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