At Lasiter & Jackson, our attorneys will astutely advise you in all aspects of property division, including business valuation for your family business in Arizona. We understand your need to contain legal costs while looking out for your present and future best interests. At the same time, we let clients know when it may be necessary to hire a CPA or forensic accountant to arrive at a realistic business valuation.
The divorce process is complex on its own. It is vital to understand the additional issues that will need to be addressed when you have a business. We know how much is at stake during divorce negotiations, which is why we provide zealous representation to protect your best interests.
Divorce can affect your business in many ways. We will explain the different ways your business may be divided, which can include:
A business valuation is necessary to obtain the proper value of your business before we negotiate your divorce settlement. Your business valuation should take into account factors such as the value of actual physical assets, appreciation or depreciation of equipment, cash flow, customer good will and overhead costs.
Depending on other property division aspects of your divorce, it may or may not be appropriate to divide the business 50-50. There may be additional factors to consider such as the following:
We provide understanding and compassion for the delicate issues associated with divorce and family law.
We are committed to helping our clients who own businesses achieve favorable outcomes when dividing a business during a divorce. Let us start protecting your best interests. Call 602-234-5900 or send us an email to schedule a consultation.