Dividing Family Businesses, Property, and Retirement Accounts in Divorce
Property division is often one of the most disputed issues in divorce. When a business is to be divided — when the real estate value is disputed — when pensions are to be divided — or when any other property issue complicate the process, it is important to seek legal representation from an experienced attorney.
At the law office of Patterson Hanna & Associates, we have decades of experience handling the most complex of property division cases. If you are facing divorce and want to learn more about protecting your personal and financial interests, contact an Orange County property division lawyer from our firm.
Business Valuation
Dividing a business in divorce can be a highly complex endeavor. Many factors can complicate the process. For example, one spouse may have owned the business before getting married, but the other spouse may have contributed to it financially during the marriage.
We frequently work with a forensic accountant to determine the value of business assets. A forensic accountant also performs a detailed cash-flow analysis of the primary participant in the business, which is an important first step in determining what spousal support obligations will be. This is generally a different amount than what will show up on the tax return.
Dividing Other Property in Divorce
Patterson Hanna & Associates has the experience necessary to handle the most complex of property division cases. We have three attorneys who focus specifically on resolving issues that arise in high asset and complex divorce cases. We can help you determine the equitable division of the following assets according to California law:
- Retirement accounts
- Pensions
- Stock options
- Real estate
- Closely-held/family businesses
Find out more about the division of large estates in divorce.
Start With a Consultation
To learn how our Orange County property division owners can help you through the process of property division in divorce, contact us online to schedule an initial consultation.
