We Understand The Valuation And Division Of A Family Business
To accurately value and divide a business in divorce, your lawyer should have extensive experience with complex asset division. Because the outcome of business division can have a significant effect on both parties, it is important that you do not rely on the opposing attorney’s valuation.
At the law office of Smith, Meier & Webb, LPA, our attorneys have the resources and experience necessary to protect your rights during property division. We consult with knowledgeable business valuators to ensure that we have an accurate appraisal of the business prior to property division. We represent people with family businesses, closely held businesses and professional practices. In addition, we have experience representing spouses of business owners.
Protecting Your Business Interests
The firm’s principal lawyer John D. Smith has more than 30 years of legal experience. He and our other attorneys will work to help you reach a property agreement settlement. When it is in our clients’ best interests, we will take cases to trial.
In these cases, we work with business valuators as well as forensic accountants and other financial experts to review the marital accounts. To fairly divide a marital estate, we need an accurate value of the business as well as an accounting of the couple’s assets. If there are hidden assets, we will find them.
In some cases, it makes more sense for one spouse to buy out the other spouse’s business interests. Spousal support, a lump-sum payment or a greater portion of other marital assets may be given to one spouse in exchange for his or her share of the business. We will argue for a favorable combination of assets and spousal support for you.