What is a business or professional practice worth in a Louisville divorce? How is the value of a business or professional practice established as an asset within the context of a Louisville divorce? Establishing the valuation of a business interest in a divorce is often one of the most contentious issues in these cases. The...
Business Valuation of Goodwill and a Book of Business
How will the Family Court look at the business valuation of Goodwill and a Book of Business in a Louisville divorce? What is Goodwill and what is considered to be a Book of Business? Should the value of Goodwill and/or Book of Business be considered as part of business valuation in a Louisville divorce? The...
Dividing the Growth in a Business During a Louisville Divorce
How is a business handled in a Louisville divorce? One of the first questions is when was the business interest acquired? If the business was acquired or started during the course of the marriage it will be considered as a marital asset which is to be divided equally between the parties. If the business was...
Will My Spouse Get Half of My Business if We Divorce in Louisville?
Will my spouse get half of my business if we divorce in Louisville? If either or both of the former spouses own an interest in a business or professional practice or they share in the ownership of a family business it will be a substantial issue in your divorce. Here in Kentucky, marital property is...