Skillful Representation In Southern California Business Valuation Cases

In divorces involving privately held businesses, it is likely that at least a portion of the business can be considered community property for the purposes of property division. Determining what portion of the business is eligible for division is dependent upon a number of factors, including when the business was established, whether only one spouse or both spouses have an ownership interest in the business, and the extent to which a non owner spouse contributed to the success of the business, among others.

In many cases, however, the greater concern is determining an accurate value for the business at the time of the divorce. Doing so allows for a fair value to be assigned to the portion of the business that is eligible for division. This is an extremely complex process, and the assistance of an experienced Pasadena lawyer can be invaluable.

Protecting Your Interests In Complex Property Division Matters

At Simpson | Cawelti LLP, we make it a priority to secure an accurate valuation in every case involving a privately held California business. We work closely with a team of forensic accountants, asset valuation specialists and other experts in an effort to obtain the best information available in the process of valuing the business.

One aspect of business valuation that is frequently overlooked is goodwill. A business's goodwill seeks to measure the value of its reputation or good standing in the community. In some cases, goodwill can translate into an actual monetary value beyond the value of its assets and intellectual property. When appropriate, we include an analysis of the company's goodwill and work to determine if it should be included in the valuation for division purposes.

Contact Our Glendale Office About Your Business Valuation Concerns

If you are a business owner, we will help you explore your buyout options. If you are a non owner spouse, we will work to ensure that you receive a fair share of the business according to the law. We invite you to schedule an initial consultation with an attorney by calling 818-254-8304.