Attorney Todd Dwire speaking with staff member in conference room

We See The Big Picture In Family Law

Providing Business Valuation Guidance In Your 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.

If you own a business in Apple Valley, Burnsville, Eagan, Lakeville, Prior Lake, Savage or Shakopee and are going through a divorce, you need to work with an experienced attorney to protect your assets. At Dwire Law Offices, our founding attorney, Todd Dwire, has decades of experience protecting business owners as they go through a divorce. You can trust our legal team to provide the guidance you need.

Using Experts To Determine The Value Of Businesses

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.

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
  • Inventory
  • Equipment
  • Intellectual property
  • Business goodwill

In a divorce with complex assets such as a business, the business is quite often 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.

Free Consultation With A Lakeville Property Division Lawyer

At Dwire Law Offices, we help business owners in Rice, Dakota and Scott counties protect their assets during their divorce. To learn more about how we can help you, contact our Lakeville office to schedule a free consultation. You can reach us by calling 866-442-9693 or by filling out our online contact form.