Divorce and Business Valuation
Business Valuation-Do I Need One?
We often hear “I have a business but I don’t want to spend the money to get it valued. It’s so expensive. I’ve heard that it can cost $15,000 or more.” If one or both of the spouses has a business, a case usually cannot be settled and cannot go to trial unless a value for the business has been established.
Accountants who specialize in business valuations are highly competent to determine a valuation. This could be the largest, or one of the largest assets of the marriage. Unless you know what the value is, you might be entering into an agreement blindly. If you must go to trial, a judge will need to know the value of the business to accurately and fairly divide the assets.
Many times after a business valuation is complete, all the other issues of the case fall into place. It’s worth it to have a business valuation.
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“Professionalism, Quality, Responsiveness, Value
I had a great experience at Batley Family Law. They assisted me with my case. They were excellent and ensured that my case was handled as efficiently as possible and always made me feel informed. This firm helped me through a stressful time. Would absolutely recommend this law firm.”
J. A.
“Thanks for everything yesterday! I had a very informative and meaningful consultation with Batley Family Law. I can tell that they are compassionate and strong which I admire in a law firm. Their firm has written a great book on New Mexico Divorce Law and they had recommendations for books to help my kids in this process! Thanks for the great gifts as well. I look forward to working with them in the process that lies ahead.”
M.F.
Bobbie Batley is unquestionably the top family lawyer in New Mexico, largely because of the amazing team she leads. This firm cares about their clients, and puts those needs out front. I will never hesitate to refer to this firm!”
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K. W.
“Batley Family Law provided me with excellent advice and service to effectively and efficiently resolve an issue with my best interests in mind. They did this with a great deal of compassion. I would highly recommend this firm.”
E. F.
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Batley Family Law
316 Osuna Road Ne #301
Albuquerque, NM 87107
Email: office@batleyfamilylaw.com
Phone: 505-246-0500