Business Valuation
Business Valuation in the Context of Divorce in New Jersey
Does your family's net worth come in part or in whole from a family-owned business? Are you considering divorce? Business valuation in the context of divorce proceedings is extremely complex. Whether or not you and your spouse share ownership, it is extremely critical to seek early legal and financial advice — to protect your own financial future as well as the future of the business.
The New Jersey Law Firm of Goldstein & Bachman:
Serving Middlesex County - Monmouth County - Ocean County
From our main office in Old Bridge, New Jersey and satellite offices in Freehold/Manalapan and Eatontown, the law firm of Goldstein & Bachman offers comprehensive divorce-related legal services, with an emphasis on representing high net-worth individuals, especially those who enjoy part or full ownership of a business. Our attorneys provide aggressive and knowledgeable legal advice to clients — with the goal of creating a divorce agreement that gives each client the strongest chance for a secure financial future.
With more than 20 years each of legal experience, our founding partners manage each divorce case personally. Our clients appreciate the high level of personal service they receive, and the security that comes from knowing their divorce is being structured by knowledgeable lawyers who know how to craft creative and effective divorce agreements.
Valuation of a Business as Part of the Divorce Process
When a marriage ends, all marital property must be divided equitably between the husband and wife. Marital property may include a family-owned business — whether the spouses are joint owners or whether only one spouse has an ownership interest in the business.
Questions that must be answered — with assistance from forensic accountants and business valuation experts — include:
- Did the business start during the course of the marriage?
- Did the non-owner contribute in any way to the business? Or, did the non-owner spouse contribute to the family and the marriage in a way that allowed the owner-spouse to ultimately succeed in the business?
- Will the business be sold or will one spouse buy out the other?
- Who should bear responsibility for any present or future tax liabilities associated with the business?
Get More Information ∙ Schedule a Consultation
At Goldstein & Bachman, we offer all potential new clients a complimentary — and confidential — initial consultation. We invite you to schedule an appointment, to meet with one of our attorneys and receive preliminary information about the specifics of your circumstances and what strategies might be available to ensure protection of your business and financial assets.
Call toll-free 888-35-LEGAL or 732-360-9300, or use our online contact form.
