Scott Womack

Scott A. Womack, Shareholder, has over 25 years of experience in business valuation. During his valuation career, Scott has worked with clients in a wide variety of industries and for purposes including gift and estate tax valuation, litigation support, corporate valuation, ESOPs, and financial reporting.

As part of his litigation practice, Scott has deep experience in family law litigation (traditional litigated divorce and collaborative divorce). He assists family law attorneys in divorce matters including business valuation, forensic accounting, and division of the marital estate, among others. Scott has testified in several jurisdictions involving family law matters.

In July 2022, Scott was admitted to the American Academy of Matrimonial Lawyers (AAML) Foundation, Forensic and Business Valuation Division.

Scott also assists estate planning attorneys throughout the nation in federal and state gift and estate tax valuation matters. In addition, he has testified in Tax Court.

While Scott has provided valuation services for clients in a wide variety of industries, he has significant experience in the auto dealership industry. As the leader of LBMC’s Auto Dealership Industry team, Scott 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. Scott and his team also consult with auto dealer clients in the process of selling or buying.

Other notable industry experience includes heavy equipment dealerships, healthcare, general & specialty contracting, construction, income-producing real estate, distribution, food services, hospitality, manufacturing, retail, technology, and transportation.

Scott is often a featured speaker for auto dealer industry groups, family law associations, attorneys, accountants, business appraisers, and business professionals on various valuation and financial advisory topics.

Professional Activities

• American Society of Appraisers
• National Association of Certified Valuators and Analysts
• American Academy of Matrimonial Lawyers (AAML) Foundation, Forensic & Business Valuation Division
• Middle Tennessee Collaborative Alliance (MTCA) trained as a Financial Neutral
• National Independent Auto Dealer Association (NIADA) Allied Member
• Tennessee Independent Association of Auto Dealers (TNIADA) Allied member
• Auto CPA Group
• National Auto Dealer Council (Associate Member)

Professional Designations

• Accredited Senior Appraiser (The American Society of Appraisers)
• Master Analyst in Financial Forensics (National Association of Certified Valuators and Analysts)