Below you'll find a list of all posts that have been tagged as “valuation”
The valuation of a professional practice during a Louisville divorce is one of the most expensive and contentious issues one may face in a divorce. Professional practices including medical and dental practices, lawyers, engineers, accountants, architects or other licensed professionals present significant challenges for both parties in a divorce. How do you value a professional’s interest in an ongoing practice …
The attorneys at Dodd & Dodd have decades of experience representing professional practitioners and business owners in Louisville divorce cases. Owning an interest in a professional practice or business in divorce is one of the most complex legal issues a person may face in the divorce process. This issue primarily relates to the division of marital property. Each spouse almost …
What happens when spouses co-own a business in a Louisville divorce? There are many spouses who purchase a business together, and work side-by-side to make the business successful. What happens to this business in the event of a divorce? The key to these answers lies with the parties themselves. Is the business viable without one or both of the parties? …
What are the primary issues when physicians divorce in Louisville? Like most, child custody and parenting time is a primary concern when the couple share a children. However, one of the central issues in a physician’s divorce will also be the valuation and division of their interest in a professional practice. Many physicians insist upon a prenuptial agreement prior to …
What are the best strategies to protect your professional practice or business during your divorce in Louisville? Will your business interest be a part of the marital property settlement or will it be classified as “separate” property? These are crucial questions for any business or professional practice owner who is considering a divorce. Generally speaking, if you owned your professional …
How is a business valuation determined in a Louisville divorce? How is a business or professional practice handled in a Louisville divorce? The first question regarding a business or professional practice in a divorce will be the nature of the asset itself. Is it “marital property” or a “separate asset” under Kentucky law? Generally speaking, property (including the ownership interest …
The process of how the valuation of a business is established in a Louisville divorce 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 business or professional practice is considered marital property …
We are often asked “I owned a business before getting married. Am I going to be able to keep it?” What happens to a business in a Louisville divorce? How is the business handled if one of the spouses owned it prior to the marriage? How is business ownership divided when the company started during the course of the marriage? …
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 through a thorough and well …