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Some financial consultants will specialize in valuation services when the divorcing parties own any marital or separate businesses. They can also analyze the various assets owned by the parties, such as houses, retirement plans, pensions, stock options and show different settlement scenarios.
Read MoreUnderstanding whether you need a valuation has to do with several factors, some of them are about the business and some of the factors are about the strategy for testimony regarding valuation and maintenance issues.
Read MoreSome financial consultants will specialize in valuation services when the divorcing parties own any marital or separate businesses. They can also analyze the various assets owned by the parties, such as houses, retirement plans, pensions, stock options and show different settlement scenarios.
Read MoreSome simple questions you can ask your client are in reference to profitability, is the company making money or profitable? Has the revenue stayed the same as the past couple years or is it significantly different, either up or down? Does the owner receive a salary from the company or possibly distributions? You can also ask whether the company is a start-up or if there are any trademarks, patents or proprietary systems.
Read MoreIn the divorce litigation world, attorneys will talk about maintenance, which is the same as alimony or spousal financial support. It is the payment from one spouse to another for household expenses.
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