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 …

Protecting Substantial Assets in a North County Divorce

Pierre Domercq Divorce

Are you concerned about protecting substantial assets in a North County divorce?  Do you own rental or investment real estate?  Do you have substantial savings, investment and or retirement accounts?  Are you or your former spouse the owners of a business or a partner in a professional practice?  What steps should you take to prepare for divorce and to protect …

Discussing a Potential Divorce with your Spouse

Discussing a Potential Divorce with your Spouse

Pierre Domercq Uncategorized

Discussing a potential divorce with your spouse is one of the most crucial and complex conversations you may ever have.  It can also have a tremendous impact on the divorce itself and your own specific goals and objectives. The conversation of a divorce carries a complex array of emotional, spiritual and financial implications.  It will impact the every aspect of …

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, …

former spouse attempts to hide assets during a divorce

What Happens When a Former Spouse Attempts to Hide Assets During a Divorce?

Pierre Domercq Community Property Division

What happens when a former spouse attempts to hide assets during a divorce in Carlsbad, Encinitas, Oceanside or anywhere in North County?  One of the first steps the parties take in a divorce is to submit disclosures which identify all debts and assets.  This includes, but is not limited to: The family home and other real estate Bank and investment …

You are the Most Important Part of Your Divorce Case

You are the Most Important Part of Your Divorce Case

Pierre Domercq Divorce

It might surprise you to learn that you are the most important part of your divorce case.  You know your former spouse much better than your attorney ever will.  You know a lot more about all bank and investment accounts and liabilities and have access to important financial statements and information.  You actually hold the keys to keeping the costs …

What Happens When a Business Asset in a Divorce is Losing Money?

What Happens When a Business Asset in a Divorce is Losing Money?

Pierre Domercq Divorce

What happens when a business asset in a divorce is losing money?  In a North County San Diego divorce all assets of the parties must be divided according to California’s community property laws.  This includes the ownership interests in a business or professional practice. Normally, the business would undergo an independent “valuation” to establish the value of the community’s ownership …

What Happens to Carlsbad Business Owners in a Divorce

What Happens to Carlsbad Business Owners in a Divorce

Pierre Domercq Divorce

What happens to Carlsbad business owners in a divorce?  How is the ownership of a business handled in a North County San Diego divorce?  What happens to the business itself?  Can the company continue to operate during and after the divorce? Solo business owners worry about how their company will be handled in a divorce.  You’ve invested your money, time, …