Strategies for Business Valuation in a Divorce

Strategies for Business Valuation in a Divorce

Pierre Domercq Professional Practice & Business Ownership

What are some of the strategies for business valuation in a divorce here in North County San Diego?  Generally speaking, a business which was started or acquired by one of the spouses after the date of marriage is considered to be community property.  Community property must be divided equally between the spouses during a divorce.  This means half the value …

Managing Your Small Business Through a Divorce

Managing Your Small Business Through a Divorce

Pierre Domercq Professional Practice & Business Ownership

Managing your small business through a divorce will be a challenging process.  There are so many concerns on your mind regarding the divorce, child custody and what will happen to your business?  How is a small business handled in a divorce? If you owned your small business prior to getting married and have not used any marital funds to support …

Identifying the Value of a Spouse's Business in a Divorce

Identifying the Value of a Spouse’s Business in a Divorce

Pierre Domercq Professional Practice & Business Ownership

What is the process for identifying the value of a spouse’s business in a divorce in Carlsbad or North County?  The most important thing you need to know as the spouse of a business owner is this: Your spouse will not have anything to say or do with the actual valuation of that business interest.  That will be determined through …

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 …