Nobody wants to go through divorce, but if this happens, you need to be prepared for everything that comes your way.
Every divorce has its own set of unique challenges. This is even more so the case if one partner owns a successful business. A high net worth divorce can drag on for many months — or longer. Furthermore, it can cost both parties a lot of money.
A business valuation conducted by a knowledgeable business appraiser may be necessary during a high net worth divorce. This will provide an overall look at the situation, with an eye towards the value of the company. Some of the factors used to predict future value include:
— Expense and earning history
— Earning capacity
— Dividend paying capacity
— Current financial outlook
— Economic outlook
— Stock prices
A high net worth divorce in which a business is involved can turn messy in no time. It doesn’t matter if one person is the owner or both spouses have a stake in the company, nothing changes the fact that this will come into play during the division of property.
Our law firm has the experience necessary to provide assistance to anybody who is going through a high net worth divorce.
If you have any questions regarding the divorce process, including business valuation and other related details, read through the pages of our website and blog. You can learn more about your financial situation, including which steps to take and how to make informed decisions. This will allow you to move forward with confidence.
Nobody wants to go through divorce, but if this happens, you need to be prepared for everything that comes your way.
Every divorce has its own set of unique challenges. This is even more so the case if one partner owns a successful business. A high net worth divorce can drag on for many months — or longer. Furthermore, it can cost both parties a lot of money.
A business valuation conducted by a knowledgeable business appraiser may be necessary during a high net worth divorce. This will provide an overall look at the situation, with an eye towards the value of the company. Some of the factors used to predict future value include:
— Expense and earning history
— Earning capacity
— Dividend paying capacity
— Current financial outlook
— Economic outlook
— Stock prices
A high net worth divorce in which a business is involved can turn messy in no time. It doesn’t matter if one person is the owner or both spouses have a stake in the company, nothing changes the fact that this will come into play during the division of property.
Our law firm has the experience necessary to provide assistance to anybody who is going through a high net worth divorce.
If you have any questions regarding the divorce process, including business valuation and other related details, read through the pages of our website and blog. You can learn more about your financial situation, including which steps to take and how to make informed decisions. This will allow you to move forward with confidence.