Family Law - Marital Dissolution
Pecuniary disputes in matters of family law often require the expertise of financial professionals to ascertain the value of marital assets. When the marital estate includes a closely-held private business, family law attorneys and certified public accountants frequently advise their clients to seek the expertise of valuation specialists to quantify the divisible value of the subject enterprise. In relevant situations forensic analysis can identify missing assets and under reported income.
Divorce laws vary significantly from state to state and these deviations can affect asset valuation. Most states distinguish between enterprise and personal goodwill, where the value attributed to enterprise goodwill is part of the marital estate and the value attributed to personal goodwill is excluded. The separation of personal goodwill from the marital estate can significantly affect the value of community interest in the subject business.
Oxburgh Row Financial provides all of the aforementioned services, as well as mediation, arbitration, and full litigation support with expert testimony. The scope of services include:
- Business valuation
- Discovery
- Asset characterization
- Forensic analysis
- Account tracing
- Income determination