What is the Value of Your Business?
Knowledgeable Business Valuation Attorneys in Orange County
In Orange County family courts, property distribution in a divorce can also apply to any business that you and your spouse may own. Placing a value on a business is a complex process that involves much more than just what kind of income the business sees. There are many things to look at when trying to determine a business’s worth.
Your considerations might be different when it comes to a business valuation based on who is the primary owner of the business. If you are the owner of the business, there is a priority on asset protection. You want to make sure that any factors that might lower the value of the business are considered, so that your business is not over valued. If your spouse is the owner, you want to make sure all of the assets of the business are fully accounted for.
Our Orange County business valuation attorneys at Holstrom, Sissung, Marks & Anderson will work with you and business valuation professionals to find out the reality of the business’s value, and look for a way for you and your spouse to distribute that value fairly. To speak to a lawyer about your business valuation concerns, contact us directly at (714) 633-8258. Or you can contact us online.
How Does Business Valuation Affect My Divorce?
A business is considered a marital asset. It is important to determine the value of the business because that value carries over to other aspects of the divorce. It can directly affect child support payments, alimony payments, and property settlements. A through business valuation is necessary to find a true income for both you and your spouse.
Whether you or your spouse is the primary business owner, our lawyers know how to protect your financial interests. We have the experience and resources to make sure that the court hears a fair and accurate review of your business.
Business valuation can be a complex process. Our attorneys have the experience it takes to gather the appropriate data and establish a fair business valuation. We have worked with all types of businesses in all areas of Orange County including Anaheim, Santa Ana, and Orange, California. Call us at (714) 633-8258 or contact us online for an appointment to discuss your divorce and its impact on your business.