A divorce can have far-reaching implications. If you or your spouse owns a business, the business is considered an asset that will need to be valued as part of the divorce. The best investment you can make is to select an experienced business valuation attorney in Minnesota committed to protecting your financial interests.
Experienced in Handling High-Asset Divorces in Minnesota
Just as no two marriages are the same, there is not a cookie-cutter solution for handling divorces involving the division of business assets. A variety of subjective factors can highly complicate the process. At the law firm of Johnson Family Law, PLLC, we have 30 years of combined experience handling complex property divisions for high-asset divorces. Our family law attorneys will take the time to determine the true value of your business in an effort to protect your financial interests. Contact our Ramsey County business valuation attorneys today for an initial consultation in Saint Paul, Minnesota.
Determining the Value of Your Business Property
At the law firm of Johnson Family Law, PLLC, we have extensive experience working relentlessly to protect business owners, entrepreneurs and spouses married to high-performing business professionals. We understand the long-lasting implications a divorce can have on an entire family. Financial concerns can quickly tip the scales toward a contested divorce.
Our job is to protect your financial interests without causing emotions to escalate. All of our negotiations are backed by sound facts. Before trying to strike a deal with the opposing side, we will seek to determine the value of your business by taking into account:
- The type of your business
- History of your business
- Earning capacity of your business
- Growth opportunities for your particular industry
- Value of stock sales and the market price of stock sales
We know the right business valuation experts to consult with knowledge of your particular industry and any economic favors that could influence the value of your company. We will also take into account any proprietary information or sales data that could influence the value of your business.
Once we understand the value of your business, this can inform the deal you may want to negotiate with your spouse. We may be able to negotiate for the business to be sold and the proceeds distributed equitably. The business may also be awarded to one spouse with a negotiated arrangement to pay off the other spouse. We will work with you to understand how we can position you for the most favorable resolution possible.
Contact Our Saint Paul Marriage Dissolution Attorneys Today
A family business can have an emotional value far beyond the dollar amount that can be applied to it. At the law firm of Johnson Family Law, PLLC, we understand the sensitive nature of business valuations. We are committed to guiding you past this difficult journey, while taking every measure possible to protect your personal and financial interests. Contact our marriage dissolution lawyers today for an initial consultation in Saint Paul, Minnesota.