Lakeville Attorney Provides Business Valuation in Divorce
Property and asset division in a divorce has the potential to become highly contested, particularly if complex, high-value assets are at stake. Closely held and family-owned businesses are high-value assets that may be subject to division for many Lakeville divorce clients. With help from a skilled attorney, you can feel confident that your rights and interests are being protected when your business interests undergo division.
At Dwire Law Offices, P.A., Lakeville high-asset divorce attorney Todd Dwire provides knowledgeable and effective guidance to business owners and their spouses going through divorce.
Marital property — property that was acquired during the marriage — is divided equitably during property division negotiations in divorce proceedings. When marital property includes a business, the value of the business must be determined before it can be divided.
Using Experts to Determine the Value of Businesses
Our attorney partners with experts such as certified business appraisers and forensic accountants to obtain accurate business valuations in divorce. These experts analyze business assets such as the following to determine the value of the business:
- Cash flow
- Accounts receivable
- Intellectual property
- Business goodwill
In a divorce with complex assets such as a business, the business quite often is the most valuable asset involved in the divorce. As your strongest advocate, Attorney Dwire can formulate a strategy that places you on solid footing from the commencement of negotiations through arriving at a property settlement agreement.