What is "Goodwill" and how does the valuation of Goodwill affect professional practice ownership in a Louisville or Jefferson County divorce? Goodwill is the human impact upon a business, and the effect a specific person has upon the likelihood of continued patronage. If the professional facing a divorce in Jefferson County or Louisville was no...
Proven Business Valuation Strategies in a Louisville Divorce
When a Jefferson County or Louisville divorce involves a closely-held business or substantial ownership in an S-Corporation, C-Corporation, partnership or professional practice the case becomes much more legally complex. The proven business valuation strategies in a Louisville divorce and the experience of your attorney will make a substantial difference in the outcome. The issue is...
The Valuation of a Business or Professional Practice in a Divorce
The valuation of a business or professional practice in a divorce in Jefferson County or Louisville is not simply the fair market value of the business, or the price a "willing" seller would pay a "willing" buyer. It is a complex calculation involving several factors including the fixed and real assets of the business, as...
Will I Have to Sell My Business Because of Our Divorce in Jefferson County?
A common concern among business owners is how the business itself will be handled in a divorce. You may wonder "Will I have to sell my business because of our divorce?" Business valuation and the division of the marital property interest in a Louisville area divorce case are very complex legal issues. The business, tax...