Experienced Freehold Property Division Lawyers
A divorce that involves the ownership of a professional practice presents many issues, some of them unique to the practice in question. Some practices are easily valued, while others are not. Some practices may have a relatively steady and predictable income stream, while the income of others may vary quite widely from period to period. When choosing a divorce lawyer, it is important to select an advocate with experience in this field.
Over the years, the Law Offices of James M. Newman and Associates, LLC, has represented scores of clients in divorces involving the ownership of professional practices, including law firms, medical practices, dental practices, consulting firms and others. We understand the many valuation and tax aspects of these types of cases, and our firm works diligently to protect our clients' rights and interests at all stages of the divorce process.
To schedule a consultation with an attorney concerning your case, contact our firm.
Protecting Professional Practices in Divorce
Unlike common stock or a piece of real estate, a professional practice cannot simply be sold or divided as part of a divorce settlement. It is vital to maintain the viability of the practice as an ongoing business. This applies whether you are the professional practitioner yourself or the spouse of the professional.
Our attorneys have considerable experience developing creative solutions regarding the protection of professional practices in divorce. We will analyze the financial and tax issues in your case and develop a plan designed to obtain the optimal solution for you. We can consult with experts when necessary such as tax accountants or specialists in the valuation of legal, medical, dental or other types of professional practices. If we are not able to achieve a fair outcome through negotiation, the Law Offices of James M. Newman and Associates, LLC, will be prepared to take your case to trial.
Contact Our Firm
Contact the Law Offices of James M. Newman and Associates, LLC, in Freehold, New Jersey, to schedule a consultation with an attorney.
Evening and weekend appointments available.
