Get Fair Private Practice Division From A Carlsbad Divorce Attorney
Business valuation methods used outside the medical field are not necessarily appropriate when assets and income from a medical practice or dental practice are in question. Determining the value of an automobile mechanic shop or fast food chain outlet can differ significantly from the valuation process for a medical or dental practice. If you or your spouse is an owner of a medical or dental practice, you will want to approach a divorce with the guidance of a family law attorney who is experienced in this area. Your lawyer should also be determined to protect your rights and interests through the process.
At Burke & Domercq, APC, we focus on high-asset divorces and have established a strong reputation for our family law firm. These facts often bring medical professionals and their spouses to our doors. Our lawyers draw on their legal backgrounds as well as input from respected business valuation specialists who are deeply knowledgeable about medical and dental practices.
Considerations From A Carlsbad Divorce Lawyer When A Clinic Is Marital Property
California is a community property state. This means that the value accrued by a medical or dental clinic during a marriage may very well be subject to 50-50 division. However, business division is immensely complex. A few factors to address include:
- The clinic or practice may have been started before or after the marriage.
- Commercial real estate that is still under a costly mortgage.
- Other medical or dental professionals may share ownership of the practice.
- High overhead, including costly equipment loans or leases, malpractice insurance and robust staff payrolls may make it difficult or impossible to obtain cash to pay out half the value of the practice.
- You may opt to trade other high-value assets for 50% of the value of the medical or dental practice.
If you become a client of Burke & Domercq, APC, you can count on our attorneys to put your interests first as we advise you on the most efficient way forward. We advocate tenaciously for your rights during the valuation process.
A Carlsbad Family Lawyer Is Here To Help You Through Complex Property Division
The emotional aspects of a divorce can make it difficult to keep your mind clear while approaching property division challenges, including the valuation of a medical or dental clinic. Our Carlsbad divorce attorneys will keep you informed and protect your rights.
To schedule a consultation, call (760) 766-2284 or inquire online.
Our Testimonials
Serving clients in Encinitas, Rancho Santa Fe, Oceanside and Vista and throughout North County San Diego.
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"Pierre is, without a doubt, the only attorney in Southern California I trust with any family law matter."Pierre and his staff, are without a doubt, the most effective and experienced law firm around. Pierre is known for attaining the clients desired results, and then some.- Ryan H.
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"Pierre Domercq is an outstanding communicator."I mostly just wanted an outside 3rd party like Pierre to assure me that I was on the right track and he gave me that assurance. Thank you Pierre.- Paul H.
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"They handled my case with a high degree of honest professionalism and attention to detail with as good of a result as could be expected in my case."Pierre has thorough knowledge of the law and he championed my case with determination and wisdom. He and his team treated me with kindness and saw me through one of the most difficult times in my life.- Lisa G.
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"I highly recommend Pierre Domercq. He has helped me twice with legal guidance. He is extremely personable, intelligent and dedicated to his clients."He has twice been able to steer me in a direction to avoid litigation. Not often you find and attorney with such ethics. Hopefully we never need his assistance again but if ever do, I know exactly where I would go.- Juan V.
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"I have been a client for 5 years and have full trust in the advice that Pierre provides me and he has never steered me wrong."Pierre is intelligent, quick, and always one step ahead! His staff are dedicated to the cases they are working on and always make me feel like I am a priority.- Melissa
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"Pierre and his team are impeccably professional. He helped increase the time with my kids and am forever grateful."His guidance is sound on all levels and although at times I did not like to hear the message, he was correct and based in logic and reality in difficult situations. He had phenomenal rapport with the family court system judges.- Jeremy R.
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"(Rebecca) was there to answer and assured me of the process."Pierre is a wonderful attorney and has an amazing staff that supports him! He helped me in my divorce and got me more than I could have asked for. He made sure I wasn’t taken advantage of and made me feel so comfortable through out the process.- J. B.
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"His skill as an attorney was impressive. Highly recommend."Pierre Domercq is an exceptional and skilled attorney. He provided sound counsel in my matter, and helped me to achieve my goals and a positive outcome.- Anjai P.
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