Complex Business Valuation
If your divorce includes a business, it is important to select an attorney who understands the financial complexities of business law and business valuation. Because William J. Arendt & Associates also represents businesses and handles business litigation, we are trained and experienced in navigating business formation documents, tax returns, balance sheets, profit and loss statements, income statements, general ledgers as well as other corporate and financial documents.
Business valuation experts can use different methodologies, different dates of valuation, and apply different types of discounts and variables to inflate or deflate the value of a business. This makes understanding business valuations a crucial aspect of the divorce process. Our understanding of the art of business valuations enables us to not only explain the valuation strategy and methodology used to you, but to critique and explain these valuations as needed to the Court.
Divorce judges have broad discretion to assign values to businesses during a divorce. Therefore, it is extremely important to determine an accurate valuation for a business or business interest. Closely held companies are often difficult to value which can cause their valuation to be a contentious issue during a divorce. The business, owner, spouse, or both can hire experts to value businesses belonging to one or both of the parties. We work regularly with valuation experts to ensure a competent and accurate valuation.
Business valuation experts can use different methodologies, different dates of valuation, and apply different types of discounts and variables to inflate or deflate the value of a business. This makes understanding business valuations a crucial aspect of the divorce process. Our understanding of the art of business valuations enables us to not only explain the valuation strategy and methodology used to you, but to critique and explain these valuations as needed to the Court.
Divorce judges have broad discretion to assign values to businesses during a divorce. Therefore, it is extremely important to determine an accurate valuation for a business or business interest. Closely held companies are often difficult to value which can cause their valuation to be a contentious issue during a divorce. The business, owner, spouse, or both can hire experts to value businesses belonging to one or both of the parties. We work regularly with valuation experts to ensure a competent and accurate valuation.