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 …

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, …

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 …

College Education or Professional License be an Asset with Value

Can a College Education or Professional License be an Asset with Value in a Divorce?

Pierre Domercq Divorce

Can a college education or professional license be an asset with value in a divorce?  California has extensive case law regarding the value of an education or professional license that was obtained during the course of the marriage.  California recognizes the sacrifice that both parties must make in order to complete an education or to obtain a professional license, especially …

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, …

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 …

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 …

Business Interest Divided in a Carlsbad or North County Divorce

How is a Business Interest Divided in a Carlsbad or North County Divorce?

Pierre Domercq Divorce

How is business interest divided in a Carlsbad or North County divorce?  The first question is simply “Is the business interest or any portion of it community property?” Is the business shared by both spouses, or is it owned by one of the parties?  What contributions have been made to the business by each spouse?  How much of the marital …