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 …

Student loans in a California Divorce

Student loans in a California Divorce

Pierre Domercq Divorce

Student loans in a California divorce are treated differently than other debt or liabilities incurred during the marriage.  The traditional analysis considers all debt incurred during the marriage as community in character which results in each party equally sharing the responsibility of repayment upon divorce. Student loans are treated differently.  The California legislature, in response to an appellate court case …

High Asset Divorces Require Strategic Planning

High Asset Divorces Require Strategic Planning

Pierre Domercq Divorce

High asset divorces require strategic planning and extensive legal skill and experience.  Financially substantive individuals who are considering a divorce in Carlsbad, Oceanside, Encinitas or North County should work with the well established, experienced Certified Specialists (family law) attorneys at Burke & Domercq who can provide sound counsel and guidance. Our attorneys help to protect our client’s interests and guide …

PDD in a Carlsbad Divorce

What is a PDD in a Carlsbad Divorce

Pierre Domercq Divorce

What is a PDD in a Carlsbad divorce?  One of the first documents you will be required to complete during a Carlsbad divorce is the Preliminary Declaration Disclosure or the PDD.  The PDD is intended to provide a transparent, accurate and complete disclosure of all known assets and liabilities to the other party.  Your former spouse will also complete a …

Who Gets the House in a North County San Diego Divorce

Who Gets the House in a North County San Diego Divorce?

Pierre Domercq Community Property Division

Who gets to keep the house in a North County San Diego Divorce?  We are often asked this question, however there is (of course) no simple answer.  The family home represents many things to both parties in a divorce. There are many components: financial, emotional, impact on the children, and even pride and the amount of work you’ve invested into …

Commingling separate property

Commingling Separate Property Complicates Divorce

Pierre Domercq Divorce

Commingling separate property with community property complicates many North County divorce cases.  Carlsbad, Oceanside, Encinitas and Vista residents who are contemplating divorce may wonder what happens to gifts or inheritances which were given to one partner during the marriage. That depends on whether or not the gift was commingled with marital funds. In the absence of a prenuptial agreement that …

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. …