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Every divorce involves money. There may be a little or a lot, but Texas divorce law requires the identification, classification, and division of marital property. To divide things fairly, each spouse has to know what property is out there. Therefore, it is tempting to hide assets because rather than splitting the hidden asset, the spouse successfully hiding it gets to keep all of it. (more…)
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When you first contact our firm, you will be scheduled for an initial consultation. Often that consultation is with one of our partners, Brian Walters or Jake Gilbreath. We offer consultations via phone, Zoom, or an in-person meeting. At the initial consultation, we will go over: Background information about the firm and our experience; Your background (i.e., where you work, how many children you have, employment history, etc.); Recommendations on strategy for your case; In...
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We’ve written extensively on our blog and created a YouTube video about valuing a business in a divorce. As the COVID-19 pandemic continues to change our economic structure, a common question we're hearing is: How are small businesses valued, taking into account the COVID-19 pandemic? Valuation Methodology – The Income Approach As a reminder, generally speaking, businesses are valued by expert appraisers considering three different methodologies: The Market...
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