Business Valuations in Divorce
There are many factors in reaching a business valuation in divorce proceedings. To evaluate a professional practice or a career is a subtle task. I utilize the services of professionals who specialize in these matters so I can defeat competing claims from the other spouse and their experts.
If it is necessary to go to Court to determine the value, I make sure that I am well prepared and can rebut the claims of the other spouse’s expert. The issues can involve the fixed assets, the value of the client base, and the goodwill that is based on the ephemeral concept of the stature of the business and its standing in the community. I strive to explain this issue to you and get you your value based on the most realistic commercial value that can be assigned depending on whether the business could be sold in the open market.
These are some of the critical issues I will advise you about in addition to an evaluation of community contributions to any family businesses that contribute to an equitable division. You will require experienced counsel to guide you through these issues, and I can provide that advice. I will enable you to grasp what is the appreciation of the business over time and its fair market value, commingled issues between separate and community interests, tax and debt issues, real estate appraisals, and the value of the personal property.
Attorney Karen S. Brown focuses on providing her clients with quality representation. She ensures that you are well informed about your case and emphasizes hands-on communication with you to strategize an effective approach to the issues. When recommended, she will access a knowledgeable database of professionals for you to engage as qualified experts to support your claims. Contact her office to schedule a conference.
We passionately serve the following Southland areas:
Westside and beach communities
San Fernando and San Gabriel Valleys