Business Valuations in Contested Divorces in Tampa Bay
In the case of high net worth divorces and contested divorces where one or both divorcing spouses are business owners, a business valuation is necessary to determine equitable distribution.
What is a Business Valuation?
A business valuation is the process of determining the economic value of a business. It provides business owners an objective estimate of the value of their business or businesses. As it pertains to contested divorces in Tampa Bay, divorce lawyers will work with forensic accountants and business valuation experts who will utilize certain methods for valuing a business.
When a contested divorce requires a business valuation, each party will likely have their own experts. Depending on the case and parties involved, business valuations from each side may end up being be at odds with the other. An accurate business appraisal is always the desired goal . But, in cases where the valuations greatly differ, your divorce attorney’s negotiation and litigation skills become paramount in a settlement that is in your best interest.
