Properly valuing a family business or a professional practice can be complicated. Failure to get a true value of a business means that marital property division will not be carried out fairly and equitably. That is why it is important to speak with a law firm that has experience handling the complex financial issues that come with valuing a business.
At Kennedy Law Associates, our Charlotte business valuation attorneys have extensive experience handling complex divorce cases for all types of business owners and professional practitioners. With a background in financial planning services, attorney Marsha Kennedy understands the importance of getting a true picture of a business’s worth.
Handling Complex Divorces in Mecklenburg and Union Counties
Our North Carolina family law attorneys will work closely with accountants and other experts to determine the value of a business. If you are a shareholder in a family business, we can help determine the proper value of shares. If you are a nonworking spouse or are married to an individual who does not work in the business or practice, we can help determine the amount of appropriate compensation as well.
We can handle high-asset divorce and complex property division for business owners and professionals of all types, including:
- Physicians
- Dentists
- Attorneys
- Accountants
- Architects
- Small business owners and entrepreneurs
Tax Implications
If you own a business or own significant shares in a company, you will face tax implications when the property is divided. The legal team at Kennedy Law Associates can inform you of any potential tax consequences, as well as explore your options for limiting your tax liability.
Call for a Consultation With a Union County Divorce and Business Attorney
If you own a business and are going through a divorce, proper valuation is essential to obtaining a fair and equitable settlement. Contact our Charlotte business valuation lawyers online or call 704-512-0619 to schedule an initial consultation to discuss your situation.
