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Business Valuation In Divorce

Montgomery County Business Valuation in Divorce Lawyers

When a divorce involves a closely held business or a family business, there are certain issues that must be carefully considered. You may be focused on making sure the business survives the divorce, without losing important business contacts, or you may want to completely remove yourself from the business by dissolving and splitting the assets equitably.

At Shemtob Draganosky Taylor Stein, PC, our attorneys have extensive experience handling complex divorces in Pennsylvania. We are available to assist clients with obtaining proper business valuations and related marital property issues.

Contact us to schedule an initial consultation.

Value Your Business & Your Business Interests

A proper business valuation entails much more than just obtaining the fair market value of a business. A variety of other complex legal issues must also be fully addressed.

We work with experts who are able to identify these complex issues and find answers to the following questions:

  • Was the business brought into the marriage by one spouse?
  • What roles did each spouse play in the business?
  • How are business interests documented?
  • Did one spouse play a more active role in the business?
  • Are there other business partners or professionals with a partial interest in the business?
  • Was the business handed down as inheritance to one spouse?
  • Is the business marital property and therefore subject to property division?

In accordance with Pennsylvania’s equitable distribution laws, only assets that are classified as marital property are subject to division. If the business is deemed to be the separate property of one spouse, a business valuation may not be necessary. Our lawyers can assist you with these difficult issues.

For assistance with a divorce involving significant assets or business interests, contact the attorneys at Shemtob Draganosky Taylor Stein, PC.

Our FAQ

Have questions? We are here to help. Still have questions or can't find the answer you need? Give us a call at 215-544-3974 today!

  • I have to pay my ex-wife alimony for four more years. She is living with her boyfriend. Can I stop the alimony?
    It depends on what your property settlement says. If you have a property settlement agreement that is silent on whether or not alimony terminates upon remarriage or cohabitation, then it may not. Usually, the property settlement agreement will address that and say if it’s modifiable or if it terminates upon remarriage or cohabitation. If you did not reach a property settlement agreement, but instead went to court, and a court issued an order requiring you to pay alimony, then it is modifiable and you can petition to end the alimony as a result of the cohabitation.
  • Can I move without a court order if we have joint custody and both live in Montgomery County?

    Scenario:

    My husband and I have joint legal custody and joint physical custody of our three children. We both live in Montgomery County. The children go to private school. Can I move without getting a court order?

    Answer: 

    The question really is if it will interfere with his ability to have his custody. In other words, if the children are continuing in their same private school and the drive back and forth to school and to his house doesn’t change his ability to have custody, then you likely do not need court permission. However, if the distance between your new house and your old house would significantly impact his ability to spend his time with the children, then it may be considered a relocation. This is unlikely but is certainly something to consider.

  • My ex keeps taking me to court over minor parenting issues. Is there a way to stop the legal costs from adding up?

    Scenario: 

    The father of my children and I can’t agree on anything. We can’t agree on the color of the sky. He has brought me back to court at least five times on minor issues, such as whether or not our daughter's “Blankey“ should go back-and-forth between households and whether or not I need to send diapers to his house. Is there anything I can do to stop the financial bleeding in this case?

    Answer:

    Pennsylvania has just recently reinstated parenting coordination. It became effective on March 1, 2019. You can request that the court assign a parenting coordinator to address these kinds of issues. They will make decisions quickly, and it is much more cost-effective. A parenting coordinator has to be an attorney who has practiced family law for at least five years or a psychologist with a minimum of a master’s degree. In addition, either the psychologist or the attorney has to have significant training in parenting coordination.

Vigorously Representing Clients to Achieve Their Goals

Former Clients Say It Best
  • "Highly experienced, client-focused and efficient service"

    I appreciated David Draganosky’s informed guidance and willingness to move forward diligently, which set the stage for a favorable resolution. Your firm’s reputation for highly experienced, client-focused and efficient service is well-deserved.

    - Former Client
  • I was wary about my rights as a father with my children and concerned about having enough time with them during the week and for holidays and breaks from school. Your help in hammering out a very detailed and fair custody agreement was appreciated more tha
    - Former Client
  • Lori Shemtob and her associates were the perfect choice. Lori has the perfect demeanor to defuse any volatile situation.
    - Former Client
  • Cynthia’s practical knowledge of negotiation and the law helped me in a tense situation where my ex-husband did not want me to take the kids with me and then refused to pay any support.
    - Former Client

    Helping You Find Real Solutions to a Brighter Future

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    What Drives Our Firm

    Experienced. Strategic. Focused.
    • We Know the Law & Learn the Facts

      We learn your story and we live it. Our team prides themselves on listening and learning every fine detail. More importantly, we remember those details in court and at the negotiation table. When you put your case in our hands, we provide you with the personal attention and commitment you and your case deserve.
       

    • Information Powers Outcomes
      Our attorneys believe it is their duty to empower and educate people about their rights in divorce. Propelled by a responsibility to give back to the community, several divorce lawyers within the firm regularly speak and teach at civic groups and bar associations.
    • Reputable & Trusted Family Law Attorneys
      Named as a Pennsylvania Super Lawyer each year since 2006, the firm’s founder, Lori K. Shemtob, is a Fellow of the American Academy of Matrimonial Lawyers (AAML)  — an esteemed honor held by only 74 family law lawyers in all of Pennsylvania. She served as AAML’s President of the Pennsylvania Chapter from July 2016 through July 2017.
    • From Big Firm to Boutique Firm

      Our story begins with a group of lawyers who came from big firms with a passion to create a better experience for our clients. Each lawyer's knowledge and experience contribute to innovative strategies in court and settlement negotiations. Our commitment to excellence takes our divorce and family law firm well beyond the ordinary.