Determining The Full Value Of Your Business And Marital Property
Property and marital asset division can be a difficult part of any divorce. After building a life with your spouse, you will likely have many sentimental treasures you do not want to part with, as well as valuable assets that you have shared. When a business is involved, you may want to do all you can to obtain or retain as much of its financial worth as possible, knowing your financial situation will be quite different after the finalization of your divorce.
At Stewart, McArdle, Sorice, Whalen, Farrell, Finoli & Cavanaugh, LLC, our attorneys understand your divorce needs. We are sensitive to your unique situation related to child custody, child support and alimony that can impact asset and property division matters. At our Greensburg firm, we have the resources to obtain the fair market valuation of your major assets to protect your financial well-being following your dissolution of marriage.
What Is Considered Marital Property?
Our experienced team of divorce lawyers can help you determine the accurate value of your marital assets, including your family business, for purposes of property division and asset division. If your business is considered marital property under Pennsylvania law, both spouses may be entitled to an equitable share or distribution.
Even if only one of you worked directly with your business, while the other spouse helped make your business success possible, you need an accurate valuation of the business as well as all pieces of marital property for your settlement to be fair.
Stewart, McArdle, Sorice, Whalen, Farrell, Finoli & Cavanaugh, LLC, will work with you to determine the valuation of your major assets, which may include:
- Business — assets and investments
- Real estate — your marital home, vacation home and rental properties
- Bank accounts — savings, checking and any hidden or offshore accounts
- Retirement benefits — 401(k), stock options and pensions
- Investments — mutual funds, stocks and bonds
- Collectibles — fine art, automobiles and jewelry
- Vehicles and household goods
Get Attorney Assistance With Your Property Division And Distribution
Our attorneys will work with you to resolve your marital disputes through collaborative efforts and mediation to protect your rights in a business. The distribution of that business will impact property division and distribution as well as child support, spousal support and alimony.