Most business valuations in the divorce context are performed upon long-standing businesses. Valuing an early-stage start-up company poses some challenges. In 2013 the AICPA released a guide detailing a framework for assessing the six typical stages of a business’ lifecycle.
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Evaluating a valuation report
Because business entities are often a large part of a marital estate for divorce, family lawyers and clients should understand how to review the report and spot issues even before hiring or relying upon the party’s own expert for review.
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Valuation of company for divorce
Often in divorces, a spouse or both spouses may own a closely-held business. While the business itself may not be divisible in the divorce, the value of the business entity as an asset of the marital estate can be an important component to the division. There are several considerations at play when valuing a business entity for divorce purposes.
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Cryptocurrency and Family Law: Tracing Remainder Addresses on Exchanges (Part 2)
This article is limited to transactions on exchanges only. The next entry will address remainder addresses in non-exchange scenarios.
For a better understanding what cryptocurrencies are, please read the first article in this series, available here: https://www.dallastxdivorce.com/2018/08/articles/articles/cryptocurrency-and-family-law-the-basics-part-1/
Everyone in the world can see when cryptocurrencies are transferred. Public addresses are wallets, and generally remain the
Cryptocurrency and Family Law: The Basics (Part 1)
Cryptocurrency and Family Law: The Basics (Part 1)
Cryptocurrencies like Bitcoin and Ethereum are not going away any time soon. Both have been sanctioned by the United States government, and millions of people within our country utilize these electronic currencies every day in a variety of ways. Some use them as vehicles for investment, some
Using Venmo as a Vehicle for Hidden Assets and Fraud in Divorce
Millennials have grown up, and while they were busy revolutionizing the technology sector with smartphone applications like Venmo, the law has not adapted to the changing realities of how people interact. Venmo is a smartphone app, but it can be used as a tool by devious parties to the detriment of spouses and children. It
A place to look for hidden money
I read an article in the Fall 2017 Family Lawyer Magazine (yes, I’m behind on my reading pile) that talks about away to hide income – at the IRS. Husband owed wife spousal support, which was calculated on his actual net income. After receiving a raise, Husband increased his federal withholding taxes above the amount
Divorce the house or the spouse
Is it easier to get rid of the spouse or the house? 
In many Texas divorces, the house is one of if not the major asset to divide in the property division part of the divorce. And it causes some of the most friction between the divorcing spouses. Maybe the spouse wants to try to
SCOTUS rules on military retirement in Howell case
Today SCOTUS ruled on a family law case. Howell v Howell – unanimous ruling… Husband and Wife divorced over 25 years ago. Decree ordered Husband’s military retirement split 50/50 with Wife. When he actually retired, he waived part of his retirement in favor of disability pay, which reduced Wife’s portion. Wife sued for him to
How does premarital cohabitation affect division of marital property
The New Hampshire Supreme Court ruled that a court must consider time that a couple lives together prior to marriage as a factor in division of assets. The ruling, a landmark decision in New Hampshire, does not require a court to alter the division that the court seems fair in a divorce, but asks the