Protecting Your Business/ Professional Practice In Divorce
Need help with a divorce that involves their business or professional practice? Years of hard work have gone in to the building of a valuable asset. Now that their marriage is ending, they want to protect it from property division with their soon-to-be ex-spouse.
Murfreesboro Divorce Attorney
A business is usually the most substantial asset in a divorce. Business valuation of a closely-held company or professional practice is a complex process. We team with skilled experts to offer evidence of its value based on the type of business. Professional practices require specific techniques.
In addition to value, the debts that the business holds become an issue when the spouse who owns the business pledged personal assets as security.
Chances are that the opposing side will have their own expert valuating the business who determines a much higher value, due to the subjective value judgments that are made. It is important to have an attorney with knowledge of certain valuation methods and the subtle and common errors that occur.
Even with complex issues that involve protecting your business/professional practice in divorce, we work to minimize the delays and expenses. We also recognize the emotional toll a lengthier process can take. We are committed to exploring all options on your behalf with a focus on achieving your goals.
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