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.
What Our Clients Say
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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.”
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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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Batley Family Law
316 Osuna Road Ne #301
Albuquerque, NM 87107