Ronald J. Klein

CPA/ABV/CFF

Phone: (516) 364-3232
Fax: (516) 364-3186
Email: ron@goKLG.com

 

Professional Profile

Mr. Klein has assisted private and publicly held companies and attorneys in connection with valuation issues related to equitable distribution; intangible assets and purchase price allocations; covenants not to compete; shareholder, partnership, contract, and commercial disputes; the acquisition and sale of businesses, business planning for closely-held companies; estate and gift tax planning; buy/sell agreements; bankruptcy; and liquidation situations.

Mr. Klein has been retained as an expert to value hundreds of businesses and interests in businesses.  In addition to being frequently court-appointed as a valuation expert, he has performed valuations and provided expert testimony in contested cases in Suffolk, Nassau, Westchester, Kings, Putnam, Queens, Rock­land and New York Counties.

A Certified Public Accountant and Accredited Business Valuator, Ronald Klein holds a B.A. from New York University.  He has published articles on valuation and related topics and is a guest lecturer at numerous law schools including Columbia, Fordham, Cardozo and Touro. He has lectured to the New York State Trial Lawyers Association, New York State Bar Association Family Law Section, and to the Nassau, Suffolk, Rockland, and New York County Bar Associations on a variety of valuation topics.

Professional Experience

  • Senior Consultant, Present
  • Klein Liebman & Gresen, LLC, 1976 – 2015
  • Hormel International Corporation, 1969 – 1976
  • Brach, Lane, Hariton & Hirschberg, CPA’s, 1966 – 1969
  • Aaronsen & Oresman, CPA’s, 1965 – 1966

Educational Background

  • New York University, B.A., 1965

Licenses & Designations

  • Certified Public Accountant, New York State, 1969
  • ABV Designation: Accredited in Business Valuation, AICPA, 1998
  • Certified in Financial Forensics, 2008
  • Certified Matrimonial Mediator – New York State Unified Court System, 2009
  • Family Mediation – Nova University, 1994

Memberships & Affiliations

  • American Institute of Certified Public Accountants
  • New York State Society of Certified Public Accountants
  • Past faculty member – Fordham University Continuing Legal Education
  • Guest Lecturer – Cardozo Law School; Columbia Law School
  • Diplomate, American Board of Forensic Accounting
  • New York State Bar Association, Family Law Section Executive Committee
  • American Academy of Matrimonial Lawyers – Financial Support Services Committee
  • Interdisciplinary Committee of the American Academy of Matrimonial Lawyers
  • Past Chairman, NYSSCPA Litigation Support Committee – Nassau County

Publications

  • Valuation Techniques and Strategies for Closely Held Businesses; NYSSCPA, Foundation for Accounting Education.
  • “Valuing Professional Practices and Licenses – A Guide for the Professional” Prentice Hall Law & Business Publica­tions, 1987. Chapters: “Valuation of Medical Practices” and “Valua­tion of Law Practices or an Interest in a Law Practice”.
  • “The Role of the Expert in Equitable Distribution” FAIR$HARE Magazine, 1986.
  • “Selected Valuation Problems in Equitable Distribution Cases”, New York State Bar Association Publication, 1983.

Speaking Engagements

  • 2012-2014 – Columbia Law School – Valuation Issues in Connection with Equitable Distribution
  • 2012 – New York Women’s Bar Association/Lawline – Handling Business Valuation, the Most Common and Complex Divorce Tax Questions, and Double Dipping Issues
  • 2011 – Touro Law School – Double Dipping and Other Valuation Issues in Connection with Equitable Distribution
  • 2011 – Cardozo Law School – Valuation Issues in Connection with Equitable Distribution
  • 2010 – New York County Lawyers Association – Handling Business Valuation, the Most Common and Complex Divorce Tax Questions, and Double Dipping Issues
  • 2009 – American Academy of Matrimonial Attorneys – Valuation in Uncertain Economic Times
  • 2008 – Appellate Division, Second Judicial Department – Minefields for Bench and Bar in Matrimonial Practice; Keane v. Keane
  • 2008 – Westchester Women’s Bar Association – The Top Five Recent Matrimonial Court of Appeal Decisions
  • 2007 – Real Estate Appraisal Institute – Business Valuations Involving Real Estate
  • 2006 – Nassau County Bar Association, Matrimonial Committee – Capitalization Rates & Sonnenfeld Decision
  • 2005 – New York State Bar Association, Family Law Section, Summer Meeting – Advantages of Using Neutral Experts; Issues Arising when Using Neutral Experts
  • 2005 – New York County Lawyers’ Association, Matrimonial Law Section – Working with Neutral Valuation Experts
  • 2001 – Rockland County Bar Association – Valuation and Expert Testimony of a Professional Practice
  • 2000 – Nassau County Bar Association, Judicial Seminar and Matrimonial Seminar – Valuing Enhanced Earnings and Avoiding Double-Dipping
  • 1999 – New York State Bar Association, Continuing Legal Education Program – Understanding Valuation Reports Prepared by an Expert
  • 1999 – Rockland County Bar Association – Valuing Professional Practices and Licenses in the Age of McSparron, and avoiding Double-Dipping
  • 1999 – Suffolk Academy of Law – Valuing Professional Practices and Licenses in the Age of McSparron, and avoiding Double-Dipping
  • 1998 – Television / Extra Help Channel LLC – Guest appearance, Mind Your Own Business: “Partnerships – Creating Terms of Agreement”
  • 1998 – New York State Bar Association Family Law Section – Capitalization Rates; Cash Flow Analysis
  • 1998 – Inns of Court, Federal Courthouse Suffolk County.  “Economic Loss Valuation” Direct and Cross-Examination of an Expert Witness
  • 1998 – Suffolk County Bar Association, Family Law Section, “Enhanced Earning Capacity and Practice Valuations – Recent Decisions”
  • 1997 – Law Journal Seminars-Press: “Valuation of a Professional Practice”
  • 1996 – Suffolk County Bar Association, Family Law Section: “Valuation of Professional Licenses and Practices in the Age of McSparron”
  • 1996 – New York Family Law, American Inns of Court: “Valuation of Enhanced Earning Capacity – Two Approaches”
  • 1996 – Suffolk County Bar Association: “McSparron v. McSparron: a New Breed of Asset”
  • 1996 – Practicing Law Institute: “Valuation of Professional Practices and Licenses”
  • 1996 – National Business Institute: “Tax Aspects of Divorce”
  • 1996, 1995, 1994, 1993 – New York State Society of Certified Public Accountants, Foundation for Accounting Education; “Valua­tion Techniques and Strategies for Closely Held Businesses”
  • 1996, 1995, 1994, 1993, 1992 – Fordham University Law School; “Matrimonial Litigation and the Valuation of Property”
  • 1993 – Fordham University Law School; “What Attorneys Should Know About Tax Returns and Financial Statements”
  • 1992 – New York State Society of Certified Public Accountants  – “Structuring and Handling the Litigation Support Engagement”
  • 1992 – Suffolk Academy of Law; “Enhanced Earning Capacity”
  • 1991 – Fordham University Law School; “Deferred Compensation Considerations & The Role of the Expert”
  • 1990 – New York State Bar Association, “Child Support Guidelines”
  • 1990 – NYSSCPA, Foundation for Accounting Education; “Valuation of Closely Held Businesses”
  • 1989 – NYSSCPA, Litigation Support Committee; “The Role of the CPA as an Expert Witness – Courtroom Presentations of Business Valuations”
  • 1988 – Inns of Courts, Nassau County; Mock Trial: “Apprecia­tion of Separate Property”
  • 1988 – Nassau County Bar Association; “Enhanced Earning Capaci­ty, A New Breed of Asset”
  • 1988 – New York State Bar Association; “Tax Impact on Mainte­nance, Child Support and Equitable Distribution”
  • 1988 – NYSSCPA Nassau Chapter Litigation Support Committee; “Supreme Court – How Does It Work & Who Are The Players?”
  • 1988 – NYSSCPA Nassau Chapter Litigation Support Committee in conjunction   with the Nassau and Suffolk Bar Associations; “Enhanced Earning Capacity – A New Breed of Asset”
  • 1988 – NYSSCPA Nassau Chapter Litigation Support Committee with the Nassau Bar Association; “Mock Trial – Price v. Price”
  • 1988 – NYSSCPA FAE; “Introduction to Business Valuation”
  • 1987 – NYSSCPA Estate Planning Committee; “Tax Planning for Estates”
  • 1987 – Bi-County Committee (Nassau/Suffolk Bar Associations) Mock Trial – “O’Brien v. O’Brien”
  • 1987 – NYSSCPA FAE; “Introduction to Business Valuation”
  • 1987 – NYSSCPA Nassau Chapter Litigation Support Committee – “Introduction to Business Valuation”
  • 1986 – Nassau Lawyers’ Association – “Impact and Discussion of the New Tax Legislation”
  • 1986 – Nassau County Bar Association/Litigation Support Committee; – Mock Trial; “O’Brien v. O’Brien”
  • 1986 – Suffolk County Bar Association – “Impact of the Tax Reform Bill of 1986”
  • 1986 – American Bar Association – Domestic Relations Litigation Committee; “Anatomy of a Matrimonial Trial: Direct and Cross-Examination of an Accountant in the Valuation of a Law Practice”; “Direct and Cross-Examination of an Account­ant in the Valuation of a Closely Held Corporation”
  • 1986 – Suffolk County Bar Association – “Valuation of Profes­sional Licenses”
  • 1986 – New York State Trial Lawyers Association – “Valuation of Professional Practices and Closely   Held   Business Inter­ests; Successful Cross-Examination of Expert Witnesses”
  • 1985 – Nassau County Bar Association – “Purchases and Sales of Small Businesses”
  • 1984 – Suffolk County Bar Association – “The Use of Expert Valuation Testimony in Equitable Distribution Cases”
  • 1983 – Nassau County Bar Association – Matrimonial and Family Law Committee; “Appropriate Use of Valuation and Tax Experts in Equitable Distribution Cases”