Valuation Of A Business In Divorce
In addition to dividing property like financial assets and real estate, many divorcing couples also must determine what will happen to business entities owned by one or both spouses. Valuing and dividing businesses can be a tremendous challenge, and it takes an experienced attorney to understand the nuances of your business and translate them into a successful resolution.
Whether you have poured your own sweat and effort into building a successful business or you supported your spouse while he or she owned a business, the attorneys at The North Tampa Legal Group, P.A. can help. We will work with you to ascertain the fair market value of the business, the income and expenses and determine each spouse’s contribution to its success to reach a fair resolution and divide the business assets.
A Tough Lawyer For Tough Cases
In some cases, business records do not tell the whole story. We may need to look at tax statements and each spouse’s individual account and statements to get a clear picture of what business assets are available.
In order to determine a business’s true value — and each spouse’s contribution to that value — it may be necessary to enlist the help of a forensic accountant or other financial professional. We work with a network of qualified professionals in Tampa, Plant City and the surrounding area to scrutinize the activities of the business in an effort to assess its true value.
During a divorce, particularly when there are significant assets and child custody issues at stake, parents may go to desperate measures in order to influence child custody determinations. We frequently represent parents who have been unfairly accused of domestic violence, sexual abuse or other misconduct by their spouse in an effort to manipulate custody proceedings.
At The South Tampa Law Group, P.A. we have the experience necessary to handle all complex matters of child custody, including parental relocation. We are extremely knowledgeable in Florida’s custody laws and the courtrooms, giving us the legal knowledge and the practical experience to fight for the optimal solution in your case.
Contact An Experienced Attorney For Business Valuation
We understand that you are busy, particularly if you are contributing to your own business, so we offer flexible appointment schedules to accommodate you. To schedule your initial consultation and learn more about your options for dividing a business in divorce, please call 813-295-7854 or complete our contact form.