Calculating the value of a business can be one of the most important parts of a divorce because a closely-held business may be one of the most significant assets of the marital estate. The best approach to such valuation is to hire an independent business appraiser–a CPA with an Accredited in Business Valuation (ABV) credential or a certified professional, like a Certified Business Appraiser (CBA) or someone recognized by the American Society of Appraisers (ASA).
Continue Reading Divorce Business Valuation Approach

When spouses own a business and they are getting divorced, the value of the business becomes a major focus of the division of property. Dallas Texas Board Certified Divorce Lawyer Michelle May O’Neil explains the concepts of valuation of a closely-held business entity that affect and even minimize the value of a closely-held business entity:
Continue Reading Minimizing Your Business Value in Divorce

I received a question from a client today asking how the court would determine the value of the piece of property in the community estate. Often times, the parties will litigate over the value of a piece of property, so it is important to know how, in the absence of an agreement, the court will determine a property’s value.
Continue Reading Fair market value vs. Intrinsic value: Which one to use?