Could my spouse get part of my professional practice in our San Diego divorce? In many ways a professional practice is similar to a small business, but professional private practices also have some unique characteristics which can make the divorce process especially complicated. Professionals often worry that a divorce may cause the liquidation of their practice. This negative outcome can…
Professional Practice & Business Ownership
The Valuation of Business Ownership or a Professional Practice in a San Diego Divorce
The valuation of business ownership or professional practice in a San Diego divorce is a critical process requiring extensive legal skill and experience. After decades of practice in litigation and California family law, and involvement in divorces with issues of business ownership, physician practices, attorney practices, and substantial assets we can tell you that accurate valuation is the key to…
How will a Divorce Affect a San Diego Family Business?
How will a divorce affect a San Diego family business? Are you and your spouse considering the end of your marriage? Do you own a business together? Do both parties work for the business? What if the company is owned by the family of one of the spouses? Is the family business, in whole or in part, a community asset?…
What is a Business or Professional Practice Worth in a Carlsbad Divorce?
What is a business or professional practice worth in a Carlsbad divorce? How is the value of a business or professional practice established as an asset within the context of a divorce in San Diego? Establishing the valuation of a business interest in a divorce is often one of the most contentious issues in these cases. The community interest in…
Business Valuation of Goodwill and a Book of Business
How will the Family Court look at the business valuation of Goodwill and a Book of Business in a San Diego divorce? What is Goodwill and what is considered to be a Book of Business? Should the value of Goodwill and/or Book of Business be considered as part of business valuation in a San Diego divorce? The business valuation of…
Strategies to Allow You to Keep Your Business During a San Diego Divorce
Do you own your own business or have an interest in company or professional practice? Are you considering a divorce and searching for strategies to allow you to keep your business during a San Diego divorce? You’ve invested years of hard work, money and effort to build your business. What are some actions you can take to protect your interests?…
Dividing the Growth in a Business During a San Diego Divorce
How is a business handled in a San Diego divorce? One of the first questions is when was the business interest acquired? If the business was acquired or started during the course of the marriage it will be considered as a community asset which is to be divided equally between the parties. If the business was acquired prior to the…
Business Profitability Valuation During a San Diego Divorce
What is the reason for business profitability valuation during a San Diego divorce? How will a valuation work to establish the true value of a business interest or professional practice in a divorce? The primary purpose for business profitability valuation during a San Diego divorce is to establish the genuine amount of money a business interest generates each year as…
Conducting a Business Valuation in a San Diego Divorce
The process of conducting a business valuation in a San Diego divorce is quite legally and financially complex. There are many different methods to value the community interest in a small business, corporate entity or professional partnership. The two former spouses have directly competing interests in the outcome of the valuation. Ultimately, the valuation of any community interest in a…
How Will a San Diego Divorce Affect Business Owners
How will a San Diego divorce affect business owners? If you have or your spouse have your own business, own an interest in a company or are part of a professional practice you are probably wondering what will happen to it during the divorce. Will the divorce affect normal business operations? How will the community property interest in the business…