High-Asset Valuation in Maryland Divorces
In any divorce case, the division of marital property has the potential to become a major sticking point. Resolving this issue, however, is a much more complex process when at least one spouse owns substantial assets without a readily apparent market value, or when there is a complex marital asset base, including businesses, stock options, trademarks or other intellectual property.
At the law firm of Trainor, Billman, Bennett, Milko & Smith, LLP, our Annapolis divorce attorneys have extensive experience in the area of high-asset valuation and distribution. We work with highly qualified experts to obtain the information we need to seek the outcomes our clients deserve.
Valuation typically becomes a difficult issue when an asset’s present value is difficult to measure or an asset’s future value is likely to be substantially different from its present value. The following are some types of assets where special attention to valuation is required:
- Businesses and business ownership interests
- Medical, legal and other professional practices
- Commercial and residential investment properties
- Stock options and other deferred compensation
- Manuscripts, screenplays, publishing contracts
Valuation of assets such as these is not what divorce lawyers do; rather, these intricate accounting and financial analyses are performed by specially trained and licensed experts who we engage to assist in high-asset divorce cases. Applying their training and experience, these valuation experts are able to accurately assess and account for intangible assets like goodwill and present value, and to identify the extent of a party’s ownership in a jointly owned asset.
Our Network of Sophisticated High-Asset Valuation Experts
Our Maryland attorneys have extensive experience handling these types of cases. We know when our own knowledge is sufficient and alternatively when it is necessary to rely on the services of our network of CPAs, forensic accountants, and other professionals to properly value marital assets. We work with these professionals regularly and know who has the specialized expertise needed for a particular situation. Their participation and ultimate conclusions are often instrumental in facilitating settlement of your case, and their reputations and proficiency in their respective areas always command the court’s attention when they testify to explain their opinions.
Their participation in the high-asset divorce cases is often extensive and integral to achieving successful resolution, with their opinions woven into our meticulous preparation for trials and/or mediations. Our clients always appreciate the sophisticated expertise brought to their case by our valuation professionals, and our clients rely upon our experience and knowledge about these professionals to bring the right person to the team; over the years, our divorce attorneys have engaged or encountered almost every such expert in Maryland, and we know exactly who we can rely on to obtain the best results in these cases.
Choose a Divorce Lawyer with Experience in High-Asset Valuation
If you have a lot of assets at stake and your divorce requires business valuation and other asset valuations, our knowledgeable divorce lawyers can guide you in the right direction and bring in the right valuation experts for your unique case. To schedule an initial consultation to discuss your high-asset divorce case, contact us online or call 410-280-1700. While our office is in Annapolis, we serve affluent clients throughout Anne Arundel County and the state of Maryland.
