Category: Business Valuation

What Happens to our Business When We Divorce?

March 15, 2018 | Attorney Videos, Blog, Business Valuation, Divorce

Icon for author Pollock Begg Pollock Begg

Pittsburgh divorce attorney Daniel H. Glasser of Pollock Begg Komar Glasser & Vertz LLC explains business valuation in the context of a divorce. If you and your divorcing spouse are co-owners in a business, contact our law firm to make sure you take the necessary steps in protecting and dividing your business. A formidable litigator in the court room with more than two decades of experience, Dan focuses his practice […]

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Is Divorce Interfering with Your Family Business?

January 12, 2018 | Blog, Business Valuation, Complex Financial Issues, Divorce

Icon for author Brian Vertz Brian Vertz

When business owners get divorced, the business may become a casualty if decisive measures are not taken. Divorcing business owners must consider how the company will be operated during the divorce process; the financial impact of divorce-related obligations, like spousal support and legal fees, on business cash flow; and the influence of rumors and conflict at work. These same considerations apply to licensed professionals, like dentists, physicians, accountants and others […]

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Complex Divorce: Dividing the Marriage and the Business

November 22, 2017 | Blog, Business Valuation, Complex Financial Issues, Divorce, Executive Compensation

Icon for author Heather Trostle Smith Heather Trostle Smith

Business attorneys will tell you nothing is more complex than dealing with the dissolution of business partnership. They even refer to it as a “business divorce.”  However, there may be something more complicated than a “business divorce,” and that is an actual divorce between spouses who jointly own a closely held business. Almost one-third of the 2.6 million companies authorized to do business in Pennsylvania are small businesses of fewer than […]

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Lack of Expert, Evidence Foils Business Valuation in Divorce

Personal Goodwill versus Enterprise Goodwill

When a business is an asset in a Pennsylvania divorce, the court needs detailed information — and often a business valuation in divorce — to perform equitable distribution. The information must be presented in court in an effective way.  Not having a business valuation or detailed information can lead to unexpected results.  Recently, in Sweeney v. Sweeney, No. 2164 EDA 2015 (August 30, 2016) (non-precedential), the Superior Court confronted a divorce case in which the […]

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