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 …

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 …

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 …

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 …

How Does Business Ownership Affect a Divorce in North County

How Does Business Ownership Affect a Divorce in North County San Diego?

Pierre Domercq Professional Practice & Business Ownership

How does business ownership affect a divorce in North County San Diego?  Many operating agreements attempt to establish an unreasonably low value for the ownership interest.  For example, a physician’s practice may establish the ownership value of each doctor’s interest in the practice at $35,000. In many cases, these clauses are shown to spouses in an attempt to intimidate them …

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. …

Protect Your Business During Your Divorce

Protect Your Business During Your Divorce

Pierre Domercq Professional Practice & Business Ownership

What are the best strategies to protect your business during your divorce in Carlsbad, Oceanside, Encinitas or North County San Diego?  Will your company be a part of the community property settlement or will it be classified as “separate” property?  These are crucial questions for any business or professional practice owner who is considering a divorce.  Generally speaking, if you …

Valuation of a Business Interest During a North County Divorce

Valuation of a Business Interest During a North County Divorce Can Be A Challenge

Pierre Domercq Divorce

The valuation of a business interest during a North County divorce can be a challenge.  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.  This can be a …

Valuation of a Small Business in a North County Divorce

Pierre Domercq Professional Practice & Business Ownership

How does the process of valuation of a small business work in a North County divorce? What happens to a closely-held business in a divorce in Carlsbad Encinitas or Oceanside? Why is the valuation of the business such a complex legal issue in many cases? When a small business is considered community property in whole or in part the interest …