Will my spouse get half of my business if we divorce in San Diego? If either or both of the former spouses own an interest in a business or professional practice or they share in the ownership of a family business it will be a substantial issue in your divorce. Here in California, community property is to be divided equally…
Valuation
Business Profitability Valuation During a San Diego Divorce
What is the reason for business profitability valuation during a San Diego divorce? How will a valuation work to establish the true value of a business interest or professional practice in a divorce? The primary purpose for business profitability valuation during a San Diego divorce is to establish the genuine amount of money a business interest generates each year as…
Conducting a Business Valuation in a San Diego Divorce
The process of conducting a business valuation in a San Diego divorce is quite legally and financially complex. There are many different methods to value the community interest in a small business, corporate entity or professional partnership. The two former spouses have directly competing interests in the outcome of the valuation. Ultimately, the valuation of any community interest in a…
What Are the Challenging Issues of a Gray Divorce in San Diego
What are the challenging issues of a gray divorce in San Diego? Recent studies have shown the divorce rate of those above the age of 50, also known as “Gray Divorce” is the highest of any group. The studies have shown gray divorce can help those who have suffered in a stagnant or toxic relationship for years to move forward…
A San Diego Divorce Involving a Doctor
Are you a physician or the former spouse in a San Diego divorce involving a doctor? It may surprise you to learn doctors have one of the lowest divorce rates as a professional here in the US. However, doctors get divorced. The life of a doctor is demanding. Physicians save lives, help people to manage significant health challenges while maintaining…
Protect Your Business During a San Diego Divorce
What are the best strategies to protect your business during a San Diego divorce? 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 owned your business prior to the marriage…
The Basics of a Business Valuation in a San Diego Divorce
What are the basics of a business valuation in a San Diego divorce? Why is valuation one of the most central issues in a divorce which involves a business interest or professional practice? If the business or professional practice interest was obtained prior to the marriage and a valid prenuptial agreement excludes the asset, and/or no community funds or labor-related…
Serving Small Business Owners in a San Diego Divorce
There are a multitude of small businesses here in San Diego and across Southern California. When their marriages are coming to an end a business owner or licensed professional has many important interests to protect. This is why you need the Certified Family Law Specialists at Burke & Domercq who have decades of experience serving small business owners in a…
Basics of Business Valuation in a San Diego Divorce
What are the basics of business valuation in a San Diego divorce? One of the most legally complex and financially contentious issues in a divorce is the ownership of a business or professional practice. If you own a business or are a licensed professional or a medical practitioner with an interest in a professional practice or a business of your…
Valuation Isn’t Just for a Business in a Divorce
While it often applies to a company or professional practice valuation isn’t just for a business in a divorce. What is valuation and how is it helpful in the successful completion of the divorce process in Carlsbad and North County? Here in California, all marital debts and assets must be divided evenly between the former spouses. The process of property…