The valuation and distribution of marital property can be a frustrating and contentious issue for both parties. The process can become even more difficult when the assets include an interest in a business, because the business interest is often the most valuable part of the divorcing couple’s community property.
There are many types of privately-held businesses, including professional practices like doctors, dentists, lawyers and accountants and retail stores, food shops, online businesses and restaurants. Each business has it’s own unique issues but there are basically three methods of dealing with business asset division during divorce.
Division of a business in a fair and equitable […]