How is a business valuation determined in a North County Divorce? How is a business or professional practice handled in a Carlsbad divorce? The first question regarding a business or professional practice in a divorce will be the nature of the asset itself. Is it “community property” or a “separate asset” under California law? Generally speaking, property (including the ownership…
Business
Why do I Need an Experienced Divorce Attorney in Carlsbad
Why do I need an experienced divorce attorney in Carlsbad or anywhere in North County San Diego? This question is asked by the vast majority of those who seek divorce here and across California. This is evidenced by the fact that 80% of Californians attempt to handle divorce on their own, filing their own paperwork for the divorce. The lesser…
When You Know “It’s Time” Our Certified Family Law Specialists are Here
When you know “it’s time” our Certified Family Law Specialists are here to guide you through the process of a divorce. Burke & Domercq works to protect your interests and to achieve the best possible outcome in your case. We understand it’s difficult to see through the challenge in front of you. We’ve represented North County clients before our local…
What is the Goodwill Associated with a Business in Divorce?
What is the Goodwill associated with a business in divorce and why does it matter? Goodwill is a term which is generally associated with the intangible benefits one or both of the spouses bring to a community property owned business or professional practice. Goodwill is considered as a separate issue from the valuation of the business asset itself, or from…
There are Many Things to Consider in a Gray Divorce
Divorce rates may have stabilized for many age groups, but those above the age of 50 are experiencing a rapid increase as the number of “Gray Divorce” cases here in Carlsbad and across California continues to increase. There are many things to consider in a Gray divorce and this is why it is important to seek the advice and counsel…
Don’t Believe Your Spouse’s Valuation of Their Business in a Divorce
You should never believe your spouse’s valuation of their business or professional practice in a Carlsbad or North County San Diego divorce. Many businesses, LLCs, corporations and professional practices establish a value of an ownership interest in the corporate documents of the entity. These values are usually fictitiously low and will not hold up to the scrutiny of a divorce.…
How to Really Complete a Cost Effective Divorce in Carlsbad
Most people who are considering the end of a marriage are seeking information on how to really complete a cost effective divorce in Carlsbad. The fact is more than 80% of those who begin a divorce in California attempt to do it on their own. Most believe this will save money. Unfortunately more than half of these cases languish for…
How Can a Forensic Accountant Help in a Divorce?
How can a forensic accountant help in a Divorce in Carlsbad, Oceanside, Encinitas or Rancho Santa Fe? What is a forensic accountant and why would it be necessary to properly identify and value the assets within community property. The two primary reasons for a forensic accountant in a divorce is to help identify the valuation of financial assets and find…
All Assets of a Business or Professional Practice Must be Considered During a Divorce Valuation
All assets of a business or professional practice must be considered during a divorce valuation in North County San Diego. This is especially true when establishing the value of a small business. According to a recent analysis by the US Treasury Department, the vast majority of American businesses are small companies, often without any employees or owners other than the…
When to Stop Trying to Get the Divorce Done Yourself
How do you know when to stop trying to get the divorce done yourself and get an attorney? According to the State of California more than 80% of the divorce cases filed across California begin with the parties representing themselves. Many attempt to complete their divorce without an attorney in an attempt to save money only to learn the process…