Dividing Family Businesses, Property and Retirement Accounts
COMPLEX PROPERTY DIVISION & BUSNES VALUATION
Property division is one of the most disputed issues in divorce. When dividing a business, determining real estate value and/or dealing with pensions, it is important to seek an experienced attorney.
Dividing a business is a highly complex endeavor. We work with a forensic accountant who determines the value of business assets via a detailed cash-flow analysis (which is usually a different amount than tax form profits). This is an important step in determining the amount of spousal support to be paid.
Other property to be divided can include:
- Retirement accounts
- Stock options
- Real estate
- Closely-held/family businesses