How is a business valued in a Tennessee divorce?
When a marriage dissolves, particularly in cases involving significant assets, the value of a business often becomes a central point of contention. Unfortunately, “bad behavior” by one spouse—usually the one controlling the business—can seriously skew the business valuation, leading to unfair or unjust settlements. Here’s what to look for.
How is property to be classified and valued in a Tennessee divorce?
When must marital property be valued in a Tennessee divorce?
What is dissipation and how is it proven in Tennessee?
When is a financial advisor’s book of business considered marital property in Tennessee?
How does personal and business goodwill factor into the valuation of marital property in Tennessee?
How is an ownership interest in a business entity differentiated from the business and its assets in a Tennessee divorce?
When can the failure to preserve a marital asset be considered dissipation in a Tennessee divorce?
How are closely held corporations valued in Tennessee divorces?
What if I said you looked like a million dollars?
Facts: Husband and Wife divorced in 2006 after 13 years of marriage. At the time of divorce, Husband had served 14 years in the United…
Facts: Husband and Wife divorced after 20 years of marriage. Husband owned three small businesses. In May 2015, husband and Wife filed with the trial…
Facts: Husband and Wife divorced after 26 years of marriage. Husband is a certified financial planner who owns his owns practice. Husband testified that his…
Facts: Husband and Wife divorced after approximately three years of marriage. At trial, each introduced an expert appraiser to testify about the current value of…