Texas Community Property Division Lawyer
Business Valuation of Assets in Divorce
A basic factor in a divorce property settlement involving business assets is to obtain an accurate understanding of the net worth of the business. It often takes expert opinion and investigation to discover the true net worth of a business. Equally important is the need to discover whether business expenses are appropriate and necessary. It is not uncommon for a spouse to use a business as a laundering device of money that is rightfully part of a marital estate. Deliberate or negligent mismanagement of funds through business "expenses" may in fact be an attempt to commit marital fraud.
Texas divorce lawyer Richard T. Bell can help you understand the law with regard to business valuation and property division in divorce. Contact the law firm by phone or e-mail to discuss topics such as increase of value of a business during a marriage; prenuptial and postnuptial agreements as they may pertain to the division of business assets in a divorce; and complications such as commingling of funds which may change the way business assets should be characterized as premarital or part of the marital estate.
A Positive Approach to Family Law Matters
consultation Divorce and Business Asset Valuation • 281-494-8000
Your Sugar Land family law attorney can explain Texas community property law and how it might apply to your situation when you or your spouse owns business interests that form part of the marital estate. Contact the law firm to schedule a consultation regarding divorces involving business assets with Attorney Richard T. Bell.
