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Business Valuations Attorneys in Naperville
Protecting Your Business during a Divorce
Divorces that involve business valuations can become both complex and contentious. When one or both spouses own a business or a part of a business, that business can be included in a property division settlement. At the Roscich & Martel Law Firm, LLC, we have extensive experience assisting clients in business valuations and all areas of property division. Our team has the knowledge and background to ensure our clients receive their fair share of the business or are fully and fairly compensated for it.
If you and your partner are facing a business valuation in your divorce, seek representation from our firm. Call us at (630) 793-6337.
Valuing a Closely-Held Business in a Divorce
One of the most essential steps in dividing a closely held business is accurately valuing it. If a business is under or overvalued, the property division settlement will not be fair. Valuing a business is a complex process that requires a sound understanding of business and business law. The Naperville business valuation attorneys at the Roscich & Martel Law Firm are experienced business law attorneys who understand the complexities of business structures and finances. Additionally, we call on the expertise of business valuation experts to ensure we know the exact monetary value of the business in question.
Valuing a business includes assessing its:
- Financial performance of the last three to five years
- Potential for future growth
- Customer base
Negotiating the Division of a Business
Depending on the role you play in the management and day-to-day operations of the business in question, it may be in your best interests to buy out your spouse or to allow your spouse to buy you out. Continuing to operate a business with an ex-spouse is challenging in many ways. Once an accurate business valuation is determined, we can get to work negotiating a fair property division settlement. If you are not interested in maintaining ownership of the business, we will ensure you are properly compensated. Our goal is to resolve challenging property division issues as amicably as possible, but we are always ready to strongly advocate for our clients’ interests in court if necessary.
To schedule an initial consultation with our firm, complete our online contact form or call us at (630) 793-6337.
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Whether you have questions or you’re ready to get started, our legal team is ready to help. Complete our form below or call us at (630) 793-6337.