If you’re going through a divorce in Pearland, Texas, you are probably feeling lost, stressed, overwhelmed, sad, or even scared. And if you own a business with your spouse, you need to seek legal representation from an experienced business valuation lawyer in Pearland, TX to help you fight for your fair share.
Hiring a good business valuation lawyer can help you resolve disputes, make informed decisions, and accurately determine the value of your business. Your lawyer can also help to handle filings for you, protect your rights and interests, and guide you throughout the divorce process.
At Hannah Law, PC, our team of business valuation lawyers has extensive experience in divorces that involve business ownership and other significant assets. We, therefore, have the knowledge and resources to help you secure the best possible outcome in your divorce. If necessary, we will fight on your behalf in court.
Contact 281-262-1311 today to schedule a FREE initial consultation.
What is a Business Valuation Lawyer?
A business valuation lawyer works with financial experts to determine the value of a business and helps divorcing couples with splitting their business or businesses.
What Information Is Used to Determine Value?
A business has a market value. However, it can be difficult to determine the market value of a business. To determine the value of your business, you will need to take into account your business’s liabilities, earnings, assets, and potential for growth.
The Assets of Your Business
You will need to determine the value of your business’s tangible and intangible assets. Tangible assets can include inventory, machinery, and equipment; and intangible assets can include shares, patents, and trademarks. It is easy to calculate the value of these assets. Your lawyer can help you identify tangible and intangible assets of your business.
The Income of Your Business
You will need to examine your business’s income trends and future income projections. Your business valuation lawyer will work with an expert to estimate your business’s future potential and adjust it to determine the current values.
The Market Value of Your Business
A valuation professional will compare your business to the prices of similar businesses that sold recently to determine the market value of your business. It is, therefore, crucial to work with an experienced and knowledgeable business valuation lawyer.
Our business valuation lawyers, for instance, will work closely with business consultants and experts to examine your business’s assets and books.
Want to determine the value of your business? Contact us today by dialing 281-262-1311. We will work closely with experts to determine the value of your business.
Why Is It Important to Hire a Business Valuation Lawyer During a Divorce?
You probably spend a lot of time and money to grow your business. Unfortunately, you can lose some or most of your investment to your ex-spouse. We, therefore, recommend hiring a skilled business valuation lawyer during your divorce.
Here are some of the reasons to hire a business valuation lawyer during a divorce:
Determine a Legal Strategy
Business valuation lawyers have extensive experience in handling these types of divorces. So, your lawyer can help you to navigate your divorce legally and develop a strong legal strategy. With a strong legal strategy, you can keep most of the interest in your business.
Represent You in Court
If you cannot settle out of court with your ex-spouse, your lawyer can take your case to court. In fact, having strong legal representation increases your chances of getting the best possible outcome in your divorce case. Your lawyer will prepare a solid case and represent your interest in court.
Protect Your Interests
Your lawyer has your best interests at heart. They are committed to helping you get the best possible outcome. Remember, your ex-spouse may hire a good lawyer who will protect their interests. You, too, need a good lawyer to protect your rights.
As you can see, it is very important to hire a good business valuation lawyer. So, if you are looking for a skilled lawyer, do not hesitate to contact us at 281-262-1311 today. We have the best business valuation lawyers in Pearland.
Types of Business in Divorce Valuations
You can create a business in different types, including sole proprietorship, partnership, and corporation. The type of business will have effects on how it is divided, taxation, and ownership. Therefore, if you want to conduct business valuation for divorce, you must know the structure of the business.
Here are the types of business in divorce valuations:
Sole proprietorship – It is a business that is owned by a single individual.
Partnership – It is a business that is owned by two or more individuals.
Corporation – It is a business that is owned by shareholders.
Limited Liability Company (LLC) – It is a business that is owned by members.
How Can A Business Valuation Lawyer Can Help You?
A business valuation lawyer can help you determine the value of your business, resolve business valuation issues during your divorce, protect you from potential economic losses, and share marital property. Your lawyer will also handle paperwork and hire business valuation experts on your behalf.
Contact Hannah Law, PC to Help You
If you and your partner are ending your marriage, you need strong legal representation. Why? Because divorces can become highly complex, especially if you own a business. In fact, some divorcing couples do not have the time and money to fight. So, they may rush to sign the divorce papers.
We, however, highly encourage you to consult with a skilled business valuation lawyer. Your lawyer will guide you through the process and ensure you receive your fair share of your business interest in your divorce.
You, therefore, need to look for an experienced, knowledgeable, and skilled business valuation lawyer. Working with the right lawyer can make a huge difference in your divorce case.
Looking for a good business valuation lawyer in Pearland, TX? At Hannah Law, PC, we have the best business valuation lawyers in Pearland, Texas. Our lawyers have the skills and resources to ensure you get the best possible outcome in your divorce. We will protect your financial future. We are committed to helping our clients handle any issue that may arise. We will guide you throughout your divorce process.
Call us today at 281-262-1311 to book a FREE initial consultation with our business valuation lawyer Pearland, TX.
