Business Valuation Issues
When one spouse owns a business — whether opened prior to or during the marriage — the value of that business to the community estate can be of central importance in divorce proceedings.
Purcell Stowell attorneys are fluent in business valuation and the underlying accounting issues. We work hand in hand with the forensic accountants hired to value a business asset. And at trial, we can advocate on behalf of clients from a place of strength and with a sound grasp of difficult legal principles.
We have experience in situations involving:
- businesses with multiple owners
- businesses without traditional financial or ownership structure
- businesses owned before marriage, including valuing any potential community property interest in the business pursuant to the Pereira/Van Camp line of cases.
We frequently turn to forensic accounting experts to ascertain the true value of a business and analyze cash flow for child and spousal support purposes.
Our attorneys are familiar with the accounting principles behind the valuation in order to defend a forensic accounting in court, or to attack a forensic report that is legally or factually deficient.
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Our boutique practice covers the spectrum of family law.
PURCELL STOWELL PC founders are Certified Family Law Specialists and have experience handling cases in situations unique or universal.
