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A Better Partnership

Complex Asset and Business Valuation

When a business or other asset constitutes the bulk of the marital estate, the valuation of that asset can be very important in achieving a successful settlement or verdict in the case. Warner Norcross & Judd attorneys have experience working with the most qualified business valuation experts in Michigan, and understand the valuation techniques used by such experts. This experience is vital in selecting and working with a valuation expert, and challenging an opposing expert when necessary.

Different approaches to business valuation can result in vastly different opinions regarding value, and it is critical that the attorney understand the valuation method being applied and the financial data which is being considered by the expert. In particular, the attorney must also be familiar with Michigan’s strict requirements for expert opinions to be admissible in court in order to effectively present evidence if the case is tried.

Certain business valuation issues are unique to the divorce setting, such as a “holder’s interest” valuation, and how a “double dip” may affect spousal and child support payments. Warner attorneys understand these challenges. They also have experience with developing creative ways to structure a property settlement so that both parties receive fair value while allowing the business to remain economically viable.

Contact any of our family law attorneys for assistance with complex asset and business valuations.

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Please click the ‘ACCEPT’ button if you understand and accept the foregoing statement and wish to proceed.

NOTICE. Although we would like to hear from you, we cannot represent you until we know that doing so will not create a conflict of interest. Also, we cannot treat unsolicited information as confidential. Accordingly, please do not send us any information about any matter that may involve you until you receive a written statement from us that we represent you.

By clicking the ‘ACCEPT’ button, you agree that we may review any information you transmit to us. You recognize that our review of your information, even if you submitted it in a good faith effort to retain us, and even if you consider it confidential, does not preclude us from representing another client directly adverse to you, even in a matter where that information could and will be used against you.

Please click the ‘ACCEPT’ button if you understand and accept the foregoing statement and wish to proceed.

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