What's My Business or Professional Practice Worth?
If you or your spouse has any interest in a professional practice or owns a business, this asset likely needs to be valued and distributed as part of the divorce.
It's important to work with a family law firm that can properly value business interests while maintaining the integrity and confidentiality of your business.
CPAs and forensic accountants perform critical roles in a complex divorce. They are tasked with analyzing documents that reflect values of the enterprise, deferred compensation, and other perks compared to similar businesses. These tax professionals also consider the tax ramifications of selling or transferring ownership of the business or partnership.
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California Divorce Guide