Addressing Complex Financial Issues in Divorce
In a divorce involving the ownership of a business, it is important to fairly and objectively value the business, accounting for all significant assets and liabilities. This includes deferred taxes, tax credits, good will, depreciation and overvalued and undervalued assets.
The Law Offices of James M. Newman and Associates, LLC, has handled many divorce cases involving the ownership of business and the ownership of professional practices. We have the experience and resources needed to value these enterprises and how to reach fair and workable property division settlements.
Contact us to learn more about the legal, financial and tax issues in your case, and how we can represent you.
Applying Professional Resources to the Business Valuation Question
A business appears very different to an outsider than it does to the owner. A business owner has an intimate familiarity with the working assets of the company, and its strengths and weaknesses as a competitor in the marketplace.
When we are handling a divorce case involving a business, we will, of course, work with an experienced business valuation consultant. We will take care to engage a specialist with experience in the particular type of business. The consultant will undertake a comprehensive examination of the company's assets and liabilities. This will also include an analysis of all tax issues, including tax loss carry forwards, tax credits and accrued taxes.
Experienced New Jersey Asset Protection Attorneys
James Newman has been representing clients in high net worth divorce matters for several decades. His experience includes many cases involving ownership of businesses and professional practices. Mr. Newman is a certified matrimonial attorney by the New Jersey Supreme Court, one of a select number of lawyers in the state to achieve this distinction.
The Law Offices of James M. Newman and Associates, LLC, will work diligently to prepare and pursue an assertive case on your behalf, designed to protect your assets and achieve your goals.
Contact Our Firm
To schedule a consultation with an experienced Freehold business valuation attorney, contact our firm.
Evening and weekend appointments available.
