Divorce and business valuation complexities
The Valuation Dilemma The most contentious business issue in many divorce proceedings is the value of the business that must be divided as part of the divorce settlement. Valuation is an inexact science, and the divorcing couple can easily spend hundreds of thousands...
How to divide Hockey season tickets during a divorce
A couple in Canada who decided to divorce after 35 years of marriage had to go to court to settle one of the more important aspects of their separation: Who gets their Edmonton Oilers season tickets? Often during the divorce there are issues regarding the division of...
Divorce and the issue of Donative Intent
A recent Florida Supreme Court case has been published that reviewed a case regarding Hooker v Hooker. The issue of Donative Intent became an issue of the parties. The Supreme Court of Florida did not decide the fate of the issue of donative intent of the spouses...
The difficult and costly road to prove Goodwill in A divorce
The concept of proving goodwill in divorce proceeding seems rather complex and vague. The idea that a business can be divided as community property is a relatively new idea that the courts have to deal with. How to determine the valuation of a business requires alot...