One of the most difficult issues to resolve in any California divorce is the fair market value of the family home. The home has significant emotional value for each spouse, but different reasons may motivate each spouse. A professional appraiser can provide an...
Business Divorce
Dividing a business in a California divorce: an overview
Most Californians understand that property in a divorce must be divided according to the rules of community property. According to the general rule of community property, the net value of marital assets must be divided equally between the divorcing spouses. Although...
Should a divorced couple keep running a business together?
California couples who own and run a business together may do everything possible to avoid a divorce. Even though the marriage is over on a personal level, the fear of losing the business can keep many couples in bad marriages. If this sounds like you, you have...
How is family business valued during divorce?
When a family business needs to be divided, there are several different options for how the business may be divided and most options will rely on a business valuation. Divorcing couples who share a family business should be familiar with the different ways a business...
Three options for the family business in a divorce
Owning a successful business with your spouse does not always translate to a successful marriage. Being a business owner in California can be stressful and disagreements can arise. If this stress bleeds into your relationship you may find that you and your spouse are...
Options for handling a business division after divorce
The divorce or legal separation of a couple where one or both own a family business can be complicated on a number of levels. As we have discussed before, couple who is in the process of dividing a business between the will likely need to have a good idea of the...
Valuing a business in a California divorce
One of the most vexing problems in a California divorce is dividing a business owned and operated exclusively by the divorcing couple. California’s community property law requires that the net value of such assets be divided equally between the divorcing spouses, but...
Are you headed for a business divorce?
There are certain issues that can make the legal ending of a marriage in court more stressful than the average case. Getting a business divorce, for instance, means there are many issues partners must resolve before they can achieve a fair settlement. If a California...
Business divorce: Things to know re community property laws
It often takes years to bring a business dream to fruition. In fact, some California business owners say they actually began thinking of their plans in their youth, then spent years fine-tuning and crafting a more definite course of action. Finally, for those who can...
Why is the valuation date in your divorce case important?
When preparing for divorce proceedings in Manhattan Beach, there are a number of important dates that you will want to keep at the forefront of your mind. One of these is the valuation date of your marital assets. You may at first question why the exact day on which...