Charlotte Family Business Valuation Lawyers
Property division becomes significantly more complex when a business is included in the marital estate. These cases require the attention of attorneys with the resources to see that the true value of the business is understood and that the final property settlement is fair.
At Weaver, Bennett & Bland, P.A., in Matthews, we have more than 30 years of experience helping people in Union County and the Charlotte area. We know how to address division of businesses, and we have the resources necessary to do it right.
In these cases, an expert witness is almost always necessary. We will enlist a certified public accountant (CPA) to help us determine the true value of the business: the price that a willing seller would sell the business for and a willing buyer would buy it for. This requires a thorough examination of a wide range of business records, meaning the case becomes even more complex if the business's records are in disarray or incomplete, which is sometimes the case with small businesses and sole proprietorships.
Disputes Over the Value of a Business
In many cases, resolving disputes by negotiating a settlement agreement is the most straightforward way of resolving even complex disputes. Going to trial can be risky when it comes to division of businesses.
For example, in a case where one party believes the business is worth $30,000 and the other believes it is worth twice that much, it is possible that the court determines it is worth much more. It is also possible that the court determines it is worth much less. Before proceeding to court, we will take care to thoroughly review all potential outcomes with you. Our goal is to do what is best for you, whether that means negotiation or trial.
How Can We Help You?
If you want to find out how we can help you with division of business in divorce, call 704-321-8031 or e-mail us to schedule an appointment with our experienced North Carolina family law attorneys.