Professional Practices in Divorce
Helping Professionals Through Divorce
If you or your spouse has a professional practice, and you are going through a divorce, the business will be a major asset when it comes time to divide your property. You should have a Texas lawyer in your corner who understands how to properly value the company and has represented clients through similar situations before.
At the law firm of Joseph Indelicato, Jr., P.C., we provide straightforward answers to our clients' questions. You can rely on us to explain how your practice will be affected by your divorce and to protect your best interests along the way. Contact our Houston law firm for guidance.
Practice Valuation and Asset Division
There are many important questions that must be asked when valuing or dividing a practice. These questions involve the practice's debts, tax obligations, success and appreciation, as well as certain other factors. At our professional practice and divorce law firm, we have experience resolving issues for many types of professionals, including:
- Financial advisors
- Banking personnel
- Board members
- Athletes and entertainment figures
No matter what type of practice or company you have, we will know how to best protect your interests during your divorce.
Valuing Personal Goodwill in the Practice
Personal goodwill in a company is considered separate property that is not divisible during your divorce. If you are a professional seeking to keep your practice, we know the steps that need to be taken to maximize the goodwill in your company. We also have experience representing nonpracticing spouses and can protect their rights as well.
Contact Our Houston Law Firm Regarding Your Asset Protection
Call our professional practice and divorce lawyers at (713) 952-1115 or contact us regarding the valuation of your company. We serve Houston and the surrounding parts of Texas.