Determining the value of a business involves much more than counting assets, property and expenses. Often, the most valuable asset that a business has is the intangible but essential “goodwill” that brings customers and clients to the door — both enterprise goodwill (pertaining to the business itself) and personal goodwill (pertaining to the proprietor’s reputation).
We Bring In Business Valuation Experts
When a business owner or co-owner is preparing to negotiate equitable property division in a divorce, the help of knowledgeable experts is important. An individual planning for a divorce often has many sources of stress and uncertainty. At Barnes & Diehl, P.C., our experienced family law attorneys reassure clients in all phases of a divorce through diligence, attention to detail, and zealous representation of their interests in settlement negotiations or mediation. Contact us to begin the dialog with one of our well-respected family lawyers.
Goodwill builds intrinsic value in a business. Other intangible assets such as a family name, a brand or a service mark or trademark also figure into the overall value of a business. All information that contributes to a reliable valuation of a business is essential in the overall task of determining the value of a marital estate as well as separate assets held by husband or wife.
Contact an Attorney Regarding Business Valuation and Divorce in Virginia
An attorney from Barnes & Diehl, P.C., is prepared to offer valuable advice and direction as you prepare for a Virginia divorce where complex assets such as businesses are at stake. Our team approach offers a multiple-dimensional analysis to your overall financial picture.
Protect your interests, as well as those of your children, in asset division negotiations before your Virginia divorce. Contact us at our Richmond/Chesterfield, Henrico or Hanover office today for a review of your options as you prepare to marry or seek clarity after a change of circumstances during a marriage (such as startup of a business or receipt of an inheritance.)