Batzli Wood & Stiles PC

Virginia Family Law Attorneys

Business Valuation in Divorce Cases In Metropolitan Richmond

Practice Limited to Family Law and Related Matters

When parties to a divorce are business owners, the property division aspect of a marital dissolution must include a reliable business valuation. Doctors and business persons who operate their own medical practices or businesses, lawyers with private law practices and other professionals must be prepared to account for all of their income and assets, which is more complex than a salaried employee. In fact, their professional practices may have value independent of the other marital assets.

To discuss the challenges and best practices in business valuation in divorce, contact the law offices of Batzli Wood & Stiles PC.

The significance of a business valuation in a divorce case will be affected by a number of factors including the following:

• Whether the business was started before or during a marriage
• How to determine the fair market value or the adjusted book value over time of a business that is just getting off the ground
• The business valuation techniques that a business appraiser should use before reporting complex calculations to family court on details such as tax liabilities of a private business or brokerage account
• The effect on business valuation of matters such as earnings capitalization, prior sales, excess earnings

Our attorneys routinely work with forensic accountants who apply sophisticated accounting and financial theories in business valuation cases. To serve your case, we translate complex calculations into terms that clients, mediators and judges can understand.

Learn about aspects of business valuation such as "agreed value" and "intrinsic value." Contact an attorney at Batzli Wood & Stiles PC to discuss the value of your or your spouse's business and how it is likely to impact a property settlement agreement.