How is the valuation of a business established in a Louisville divorce? The actual process of asset valuation will have a substantial financial impact on your divorce. What happens to a closely-held business in a divorce in Louisville? Why is the valuation of the business such a complex legal issue in many cases? When a...
Will You Need an Expert Witness in Your Louisville Divorce
Will you need an expert witness in your Louisville divorce proceeding? What is an expert witness and what are some of the circumstances which justify the cost of valuable expert testimony? Expert witnesses are simply proven professionals which provide important information to the Court regarding (usually) a complex aspect of the case at hand. In...
Why is Valuation So Important in a Louisville Divorce
What is “valuation” and why is valuation so important in a Louisville divorce case? The issue of valuation is associated with marital property division and how the debts and assets of the parties are characterized and ultimately divided. We’ve covered the concepts of “marital property” and “separate property” extensively on this site, so this discussion...
Why Do You Need an Attorney When There is a Business in a Louisville Divorce
Why do you need an attorney when there is a business in a Louisville divorce? Do you or your soon-to-be former spouse own a small company or have business interests or a professional practice? Did you know that the valuation and division of the marital property interest in a business asset is one of the...