Business Valuations: A Crucial Part Of Property Division
Divorce raises a host of financial issues. For couples with closely held corporations, family limited partnerships, professional practices or other businesses, the task of accomplishing a fair distribution of property involves even greater challenges. The outcome may affect your financial picture for a long time to come.
I am attorney Robert Dapelo, founder of The Law Offices of Robert W. Dapelo, Esq., PC, in Patchogue, New York, and skilled in family law and divorce. Business valuation and other aspects of the divorce process can cause you many sleepless nights. My job is to alleviate those worries through tireless, determined representation. With more than 30 years of legal experience, I can provide the effective representation you need.
What Goes Into A Strong Valuation?
Valuation is a critical part of the property division process. Yet determining how much a business is worth is far more complicated than assessing the value of the real estate or motor vehicles, for example. Countless considerations may factor into the valuation, including:
- Cash flow
- Past and current profits
- Assets and debts
- Expected financial returns
- Tax ramifications
There are several approaches to valuing a business. Arriving at a reasonable assessment – one that will hold water in court – typically requires involving a professional appraiser. It’s important to work with trusted professionals from the outset.
At my office, I routinely work with appraisers, certified public accountants and tax advisers who are well-respected and vetted in their qualifications. You can feel confident that your property interests are in more than capable hands. The equitable distribution of assets is a critical part of divorce resolution. Business valuation is a key element and must be addressed.
Learn More By Calling A Skilled Lawyer
Get clear and upfront guidance during a free initial consultation. To get started, send me an email or call The Law Offices of Robert W. Dapelo, Esq., PC, in Patchogue, New York, at 631-654-9500. I represent clients in all types of divorce cases throughout Nassau and Suffolk counties and Long Island. Se habla español.