Valuing A Professional Practice In Your Best Interests
Even though your assets are undergoing division because of divorce, you want your professional practice to remain intact and prosper. You have spent considerable time and money acquiring higher education and developing skills to launch your practice. You do not want the practice you built to be valued unfairly as part of a divorce property division.
Your Investment, Our Responsibility
Doctors, lawyers, accountants and other professionals trust the attorneys at Lake • Toback • DiDomenico to properly value their practices and stalwartly advocate for their best interests. We combine the efforts of skilled and committed financial professionals with our aggressive representation to ensure the proper valuation of your practice.
Marital Property And Your Practice
If you started your enterprise before your marriage, your practice’s appreciation in value would likely get included as marital property. If you were already married when you initiated your practice, the entire practice is considered marital property. In any case, NAP has a strong record of success in asset and property division strategies.
Strength In Business Valuation
As nationally known divorce attorneys, our lawyers know that a strong position lies in the details. For example, one valuation detail that should not get overlooked is the role of enterprise goodwill, long regarded as a subjective concept. Our firm will scrutinize the individual elements that make up goodwill for your practice and defend our findings.