Tampa, FL Property Division And Business Valuation Divorce Attorney
Tampa, FL Property Division And Business Valuation Attorney
Many aspects of a divorce are often highly argued. One of those issues is property division. Both sides may be fighting over the property that they believe is rightfully theirs. However, there is a specific way in which property, and debts, are divided according to Florida law.
At Sparkman Law Firm, we are well-versed in the property division and business valuation laws in Florida. Our firm can provide you with the insight and guidance that you need while dealing with these often emotionally-charged issues. We are determined to ensure that your rights are protected and that you get the property that is owed to you.
If you have questions about property division and business valuation, contact our firm today to discuss your situation with a qualified member of our legal team.
Though a divorcing couple can agree to some give-and-take when it comes to property, the property is divided according to the law of equitable distribution. This means that property may not be divided 50-50, but is divided equally and fairly between the two individuals.
There are a variety of types of property and assets that may be divided in Tampa, FL, including:
- Personal property
- Real estate and vacation properties
- Stocks options
- Pensions and other retirement benefits
- Family businesses
Determining The Worth And Division Of A Family Business In Tampa, FL
One aspect of property division that often arises is the division of a family business. This is often a business that the couple participated in or helped to build throughout the life of the marriage. To determine its worth and how it is to be divided, we enlist the assistance of business valuation experts. This can often be time-consuming, as it involves the collection and examination of extensive business records. However, once it is completed, the property division aspect of the divorce can move forward.