Business Dissolution Divorce in Rhode Island
Seasoned Insight for Asset Division Cases: (401) 216-4414
What is the family business worth? What is your husband or wife’s interest in a business they run worth? What if your spouse claims an interest in your business?
The easy answer is that a business is worth what a buyer will pay for it – but in most divorces, there are no easy answers.
There may be no desire to sell the business, and indeed, it may be in everyone’s interest to keep the business doing business. Thus, there is a need for a fair business valuation for property division purposes, and a practical approach. Talk to our Rhode Island asset division lawyers to learn how we can accurately value your businesses and protect your interests.
Working Hard to Accurately Value Your Business
At TJC ESQ, we work with you and your professionals to flesh out the reality of the business’s value, and fashion a means for the parties to fairly and practically distribute that value within the family, even as the family is transitioning through divorce. What are the income streams? What are the potential tax liabilities and estate planning issues involved?
Here’s what our attorneys can do for you:
- We will work directly with your business CPA and other financial experts to see that fair market value is determined accurately.
- Working with financial professionals, our lawyers will examine and discuss with you various business valuation methodologies. We will assist in seeing that the necessary data used is obtained and that the valuation can be presented in court if need be.
- Often, it is in the best interests of the parties and of the business that we work to fashion a practical, workable, cooperative reorganization effort that provides fair and equitable compensation.
Our divorce law firm has represented clients with marital and business interests in a wide range of fields, including family businesses, professional practices (attorneys, doctors, and dentists), telecommunications, mortgage and finance, real estate, and other closely held companies.
Contact Our Rhode Island Contested Divorce Attorneys
Business valuation can be a complex process. At TJC ESQ, our family law attorneys have the experience it takes to gather the appropriate data and establish a fair business valuation.
Contact us for an appointment to discuss your divorce and its impact on your business.