All assets of a business or professional practice must be considered during a divorce valuation in Louisville. This is especially true when establishing the value of a small business. According to a recent analysis by the US Treasury Department, the vast majority of American businesses are small companies, often without any employees or owners other...
Strategies for Business Valuation in a Louisville Divorce
What are some of the strategies for business valuation in a Louisville divorce? Generally speaking, a business or professional practice which was started or acquired by one of the spouses after the date of marriage is considered to be marital property. Marital property is usually divided equally between the spouses during a divorce. This means...
Managing Your Small Business Through a Divorce
Managing your small business through a divorce will be a challenging process. There are so many concerns on your mind regarding the divorce, child custody and parenting time and what will happen to your business? How is a small business handled in a divorce? If you owned your small business prior to getting married and...
Identifying the Value of a Spouse’s Business in a Louisville Divorce
What is the process for identifying the value of a spouse's business in a Louisville divorce? The most important thing you need to know as the spouse of a business owner is this: Your spouse will not have anything to say or do with the actual valuation of that business interest. That will be determined...