Business & Property Valuation In Divorce

When a divorcing couple owns a family business or other large assets, the division of marital property can be more complicated. Before negotiating or litigating the division of marital property, it is essential to determine the correct value of a business.

Business valuation and other complex divorce issues require an experienced family law attorney who is skilled at protecting clients' property interests. Since 1990, Deborah Zitomer Esquire, LLC, has helped clients achieve favorable outcomes in divorce cases involving business valuation issues and property settlement agreements.

When Business Assets And Interests Are A Factor In Divorce

In the absence of a premarital agreement, the general rule in Pennsylvania is that all property acquired during a marriage is marital property and is therefore subject to be divided between spouses in a divorce.

If you or your spouse owns a professional practice, commercial real estate or a business; proper property valuation is critical to equitable distribution of marital assets. It's never in your best interest to rely upon your spouse's opinion or use a ballpark guess about what a business is worth.

When addressing business assets and valuations in divorce, attorney Deborah Zitomer works with forensic accountants, real estate appraisers, business valuation experts and other financial professionals. This thorough approach helps make sure that your short- and long-term financial needs are considered and addressed in a divorce settlement. To accomplish this, complicated business valuation issues related to the following types of matters must be examined and decided upon.

  • Apartment buildings, commercial buildings or other rental property
  • Medical practices, including dental, chiropractic and other health care practices
  • Professional practices including law practices, accounting firms, insurance agencies and engineering or architecture practices
  • Privately owned corporations
  • Family businesses
  • Home-based businesses

To learn more about business valuation in divorce and discuss how your family-owned business or other business assets might be divided in a divorce, call our firm at 610-879-8473 or send us a message through our online contact form.