Business Valuation and Division in a Divorce

Business Valuation and Division in a Divorce

Pierre Domercq Professional Practice & Business Ownership

Are you considering a divorce in North County San Diego?  Do you own a business or an interest in a professional practice?  If the answers to both questions is “yes” the issues of business valuation and division in a divorce should be one of your primary concerns. California is a community property state.  In the absence of a written agreement …

Business an Asset or Income During a Divorce

Is Business an Asset or Income During a Divorce?

Pierre Domercq Professional Practice & Business Ownership

Is business an asset or income during a divorce in Carlsbad or North County San Diego?  How do you disclose business ownership and what are the issues for each of the former spouses? A business or professional practice is absolutely an asset during a divorce.  California is a community property state and all community property must be divided evenly.  Therefore, …

How Your Business Valuation is Established in Divorce But When

Its Not Only How Your Business Valuation is Established in Divorce But When

Pierre Domercq Professional Practice & Business Ownership

It’s not only how your business valuation is established in a divorce but when.  In California, as a community property state any business ownership interest acquired during the marriage or supported with marital funds is considered in part or whole as community property.  Community property must be divided equally among the former spouses during a divorce.  One of the most …

Business Ownership Valuation Divided in a North County Divorce

How Is Business Ownership Valuation Divided in a North County Divorce?

Pierre Domercq Professional Practice & Business Ownership

How is business ownership valuation divided in a North County divorce?  How do you establish and then ultimately divide the community property interest in a business or professional practice in a North County or Carlsbad divorce case?  In these cases, a “valuation” of the business or professional practice ownership must first be agreed upon or established by the Court.  Once …

Goodwill as it Relates to Business Ownership in a Carlsbad Divorce

What is Goodwill as it Relates to Business Ownership in a Carlsbad Divorce?

Pierre Domercq Professional Practice & Business Ownership

What is Goodwill as it relates to business ownership in a Carlsbad divorce?  Goodwill is an important component in the valuation of a business ownership or professional practice in a Carlsbad or North County divorce.  Goodwill is an inherent part of many businesses, and while it may not have a precisely measurable value, the intrinsic value of Goodwill must be …

Business or professional practice in Carlsbad Divorce

How is the Value of a Business or Professional Practice to be Calculated in a North County or Carlsbad Divorce?

Pierre Domercq Professional Practice & Business Ownership

When one or both of the parties in a North County or Carlsbad divorce own a business or professional practice (or an interest therein) the “community” has a monetary interest which must be equitably divided between the parties.  How is the value of a business or professional practice calculated in a North County or Carlsbad divorce?  How can the attorneys …

calculation of the value of a business in a North County

Calculation of the Value of a Business in a North County San Diego Divorce

Pierre Domercq Professional Practice & Business Ownership

If you are considering a divorce and you or your spouse jointly or separately own an interest in a business one of the most important issues will be the calculation of the value of a business in a North County San Diego divorce case.  When a divorce includes a business or professional practice the first step to determine the community …

How Does Business Ownership Affect a Divorce in North County

How Does Business Ownership Affect a Divorce in North County San Diego?

Pierre Domercq Professional Practice & Business Ownership

How does business ownership affect a divorce in North County San Diego?  Many operating agreements attempt to establish an unreasonably low value for the ownership interest.  For example, a physician’s practice may establish the ownership value of each doctor’s interest in the practice at $35,000. In many cases, these clauses are shown to spouses in an attempt to intimidate them …

Valuation of a business interest during a North County divorce

Valuation of a business interest during a North County divorce Can be Challenging

Pierre Domercq Professional Practice & Business Ownership

The valuation of a business interest during a North County divorce can be challenging and in most cases contentious.  How do you establish the “community’s” portion of the valuation of a North County business during a divorce?  There are many ways to position the present value of a business, and as a result, a spouse’s community interest in the business. …