Ft. Lauderdale Business Valuation Attorney

Ft. Lauderdale Business Valuation Attorney

All marital assets are divided in a divorce, and this includes business ownership interests. Whether you or your spouse started a family business or had an existing business that increased in value during the marriage, the value gained during your marriage will be divided in your divorce.

When one spouse earned the majority of the assets, however, this can lead to contention in a divorce. It can also be difficult to determine the full, present value of a small business or closely held corporation.

At the Law Office of Curtis R. Cowan, P.A., I can help you through the process of valuing you or your spouse’s business interests. I have more than 25 years of experience as a Ft. Lauderdale business valuation lawyer. I will work diligently for a fair and equitable division of property in your divorce. E-mail or call my office at (954) 953-2575 to discuss business valuations in your divorce.

Valuing a Business in Florida

Before you can divide property in your divorce, whether that property is a business interest or an investment, that property must be carefully identified, classified, and valued. With a business, this involves a careful evaluation of the type and extent of the ownership interest:

  • Is this a partnership, LLC or corporation?
  • What percentage of the business do you or your spouse own?
  • How much of your business interest can be classified as marital?
  • What is the current value of the business, including bank accounts, equipment and liabilities?

I partner with accountants and business valuation experts in order to understand the structure of the business and determine its value. Whilst this can vary from state to state (and in some situations may need the help of someone like https://www.portebrown.com/services/valuation-transition-planning to assist with), it is best to look into legal help for these matters. In some cases, a spouse or business partner may try to hide company assets. As your attorney, I will work to protect your property rights and your interests.

Contact a Lawyer in the Ft. Lauderdale Area

To speak with an experienced attorney about dividing a business in your divorce in Broward County, Fort Lauderdale and the surrounding areas, contact the Law Office of Curtis R. Cowan, P.A. I can help you through the process of valuing your business interests, and I can guide you through any issues that arise during your divorce. Schedule your reduced-rate initial consultation by calling (954) 953-2575.