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Hoge Partners, PLLC

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Louisville, Kentucky 40202

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Phone:  (502) 583-2005

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Valuing or Appraising Business Assets and Professional Practices in Kentucky Divorces

Business Interests

Business interests, professional practices (doctors, lawyers, accountants, etc.), stock, stock options, investment real estate, copyrights, inventions, etc. are important examples of other types of property which may require appraisal or valuation by an expert.

Valuation of the goodwill of a business asset is another critical component of this process.

Medical, dental, accounting, architecture, consulting and other professional practices are an extremely complex area for business valuation but we rely on qualified financial experts to assist us in protecting our clients' interests.

Business appraisals are expensive but this expense may make a world of difference in the settlement you are able to obtain.

We strongly recommend against waiving your right to have a business interest appraised without fully discussing the possible ramifications with your attorney.  Please don't assume that "this business is worth nothing without me".

If a person builds or creates a business during the marriage, it is possible the courts will find that assets to be marital property.  Obviously, every situation is unique and deserves careful attention to the facts about the creation and operation of that business or enterprise.  This includes a detailed assessment of the client's long-term and short-term goals and needs.

Our goal is to help our clients in high asset divorce cases to protect their interests during the classification of property (marital versus non-marital), the tracing of non-marital interests, the fair valuation of business interests, the valuation of personal goodwill and other critical factors.

Contact us today if you need a lawyer who will aggressively protect your interests in a divorce involving a medical practice, dental practice, law office, accounting practice, real estate investment, construction or development enterprise, service industry or other business interests.