One of the most contentious aspects of a divorce is the division of marital assets and the valuation of property. Often included within the category of property is a business—family business, individual business including corporations and/or partnerships, or shareholdings of a business.

There are many factors to consider when a business is involved in divorce including the character and value of the business, and an experienced Houston, Texas divorce law attorney such as Deborah L.Thompson, Attorney at Law can help guide you through the complexities and fight for the assets and property you deserve.

Divorce and Business Valuation

Depending on the specific circumstances of the marriage and the business, the character and value of the business may be taken into account during divorce proceedings along with the family’s home, property, savings, and pension values. Texas divorce law allows for a forensic account to be used if the parties do not agree on the business’ fair market value.

If the forensic account is used, some of the most common approaches used to properly value for the business include:

  • Valuation based on earnings
  • Asset/Break-up value
  • Valuation based on dividend yield
  • Hybrid

In addition to valuating the business in these ways, the accountant may also consider issues of liquidity, tax issues, and forensic investigations of marital fraud.

Contact Our Experienced Houston Divorce Attorney

With our skilled Houston, Texas family law lawyer Deborah L.Thompson, Attorney at Law at your side, you can count on her experience, passion, persistence, and perseverance to help her work toward the best possible outcome for your divorce proceedings. She is well-versed in all aspects of Texas divorce law and can guide you through the process and explain property law as it pertains to your business. Contact Deborah L.Thompson, Attorney at Law to discuss your divorce and find out how to protect your assets.

Call 713-532-6272 today to schedule a consultation to discuss your divorce involving a business!