Are you the spouse of a business owner in a San Diego divorce? There are many things you need to know about how the community interest in the business must be managed as part of the property division in your divorce. This is why it is important to seek the proven, experienced advice of the Certified Family Law Specialists at…
Valuation
Why is the Valuation of a Business Important in a Contested San Diego Divorce
Why is the valuation of a business important in a contested San Diego divorce? The issue of business valuation is legally and financially quite complex. Each party in a divorce often has opposing interests when it comes to the division of a business or professional practice. In essence, if the company is in whole or in part considered to be…
Contentious Divorce with a Business or Professional Practice in San Diego
Are you approaching a contentious divorce with a business or professional practice in San Diego? What do you need to know in order to protect your interests as a business owner? There are generally only a few steps in the process of managing the asset of a business in a San Diego divorce. However, the process itself and the legal…
Concerning Behaviors During a Contentious San Diego Divorce
What are some concerning behaviors during a contentious San Diego divorce and how can the Certified Family Law Specialists at Burke & Domercq help to protect you during the process? There are many reasons why a divorce can become contentious. There are genuine reasons for principled disagreements between former spouses. There are personality disorders and narcissistic behaviors which naturally lead…
If You Own a Business You Should Prepare for a Valuation During a San Diego Divorce
If you own a business you should prepare for a valuation during a San Diego divorce. The process of establishing the value of the marital interest in any business or professional practice is known as “valuation.” Each party has competing interests in the process of valuation. A business owner who wants retain their company wants the community interest valuation to…
How to Tell When a Spouse is Hiding Marital Assets
Is there a way to tell when a spouse is hiding marital assets? What are some of the most common strategies to hide or significantly under-report the value of assets associated with a San Diego divorce? Both parties are required by California Family Law to fully, accurately and transparently disclose all assets and debts (even if they are not marital…
How is a Business Interest Divided in a San Diego Divorce?
How is a business interest divided in a San Diego 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 assets…
The Division of the Community Property Interest in a Business During a San Diego Divorce
What are the steps taken to accomplish the division of the community property interest in a business during a San Diego divorce? If you are a business owner or own and run a business with your spouse the process of determining the status of a business or professional practice and dividing any community property interest in that business will be…
Taking Care of a Business in a San Diego Divorce
Are you concerned about taking care of a business in a San Diego divorce? If your divorce involves the ownership of a small family business, an LLC, professional practice or an interest in corporate ownership the process of valuation and property division in your case will be much more legally and financially complex. Business owners understand the nature of risk…
Will There Be a Trial At Your Divorce
Will there be a trial at your divorce in San Diego? The answer to that question is not a simple “yes” or “no.” It comes down to the unique circumstances of your situation. While the majority of divorce cases in San Diego do not involve a trial there are situations which require placing an issue before the Court. A divorce…