How business valuations during divorce impact asset distribution
Divorce can become complicated when couples own high-value assets like businesses.
Understanding how business valuations affect the division of assets is crucial for achieving a fair settlement.
The importance of business valuations
A business often represents a significant portion of a couple’s...
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5 Ways To Protect Your Finances During Divorce
Your spouse has just asked for a divorce. Now what? Whether tension has been brewing between you for a while or the announcement came as a shock, you are likely dealing with many emotions and urgent questions. Difficult as it may be, it is important to try to set aside your emotions...
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Determining Your Company’s Value During A Divorce
When an Oregon couple decides to end their marriage, it is likely that they have numerous details to consider. The specific concerns for each couple can vary, and you may feel the need to focus on how divorce will affect your company. It likely took a considerable amount of work to reach...
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When Are Property Transfers In A Divorce Treated As Gifts?
Like nearly everyone else here in Oregon and across the country, you want to pay as little in taxes as possible. During your marriage, you probably took great care to make sure that you limited your tax liability each year. In fact, you may have even received a refund in some years.
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Can You Protect Your Business During Your Divorce?
After spending years or even decades building and nurturing your business, the last thing you may want is to lose all or part of it during a divorce. The truth is that you will need to take some steps in order to keep your business intact should this happen.
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Do You Have Concerns About Your Artwork And Your Divorce?
Because each divorce case is different, you may have certain details to consider that many other Oregon residents may not. If you have a considerable amount of wealth, you could have specific assets that will likely complicate the asset division process. In particular, if you have an art collection or create works...
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Mistakes To Avoid In A High Asset Divorce
Getting a divorce where one or both parties have a lot of wealth can be especially complicated. Many assets can be involved. Understanding that the public will likely know about your divorce can be stressful. Having a divorce where you and your spouse are satisfied could involve a level of compromise.
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Assets That Can Be Difficult To Value In High Net Worth Divorces
Every divorce has the potential to be complicated. However, if you and your soon-to-be ex are affluent and will have substantial assets to divide, the process can be even more difficult because the financial stakes can be exceptionally high.
There can also be added complexity to the process because...
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What Will Happen To The Family Business After My Divorce?
Marriages that have produced a family business are often left wondering what to expect after the division to the marriage is finalized. Will I have to divide the business? Is there any way it can continue to thrive despite the marriage failing? These are legitimate concerns to ask when separating the financial...
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High-Asset Divorce: Prenup Protects Georgina Chapman’s Interests
Prenuptial agreements can protect spouses in marriages anywhere, including in Oregon, regardless of their net worth. They can be particularly valuable in a high-asset divorce. A perfect example may be the divorce of celebrities Harvey Weinstein and Georgina Chapman. Both spouses are highly successful in their respective fields — he as a...
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What Are Some Reasons A Prenup May Be Invalidated?
Last month, we wrote a post about prenuptial agreements and how to go about getting one of these contracts without ruining your relationship. In that post, the importance of the prenuptial agreement was central to the discussion. Today, we want to talk about the prenuptial agreement in a different context: how a...
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