Business Valuation & Divorce: The Complicated Relationship
When one or both spouses is the owner of a business(es) or professional practice(s), it is often necessary to establish the value of each business or practice in order to determine an appropriate division of property.
Patton and Associates, LLC has extensive experience working with attorneys representing clients that require independent valuation analysis, forensic accounting, and expert witness testimony in business valuation and family law matters.
Our firm is prepared to provide you and your clients if needed, with guidance in undertaking the business valuation process while working cooperatively with you to ensure that your client’s position is best articulated.
Attorneys are often faced with divorces that involve one or both spouses who are business owners.
These divorces usually require a business valuation that is tied to the settlement agreement and as such can complicate both the divorce and the business valuation process.