Illinois Business Valuation and Divorce Attorneys

Experienced Business Valuation Lawyer Serving Cook County, Will County, DuPage County and Kane County IL

When a married couple owns a business together and decides to get divorced, the business becomes part of the marital estate and is subject to division. Dividing a business is a complicated matter that first begins with establishing the value of the business. The process of business valuation is complex and is often disputed between parties. At the Law Offices of David A. King P.C. we have extensive experience with business valuation as part of complex divorce actions. Attorney David A. King has a degree and background in accounting. As such, he is particularly qualified to handle cases involving complex financial issues such as valuations of closely held businesses.

Using Experts in the Business Valuation Process

Determining the value of a business requires the assistance of industry experts including forensic accountants and business appraisers among others. Our firm works with trusted experts to determine an accurate value for a business and support that value determination in court if necessary.

Both parties often disagree on the value of the business. If one spouse is planning on maintaining control of the business and buying the other spouse out, it is not uncommon for the paying spouse to undervalue the business and vice versa. It is important to hire an attorney that is knowledgeable about complex financial matters to ensure the business valuation is complete and accurate. Our attorneys are skilled in handling these challenging issues and ensuring our clients’ rights and investments are protected now and in the future.

If you are getting divorced and own a business with your spouse, contact us to schedule a consultation to discuss your case. We can answer your questions and explain the business valuation and division of property process to you. From our Oakbrook Terrace office, we serve clients in Chicago, Hinsdale, Oak Brook, Glen Ellyn, Lombard, Downers Grove, Wheaton and throughout DuPage, Kane and Cook counties.

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Law Office of David A. King, P.C. represents clients in greater Chicagoland, including DuPage County, Kane County, Will County, Cook County, and the communities of Chicago, Naperville, Wheaton, Aurora, Warrenville, Carol Stream, Oak Brook, Oakbrook Terrace, Hinsdale, Elmhurst, Lombard, Villa Park, St. Charles, Geneva, Joliet, Plainfield, Bolingbrook, Woodridge, Darien, Glen Ellyn, Addison, Bloomingdale, Lisle, Winfield, Schaumburg, Arlington Heights, Buffalo Grove, Palatine, Northbrook, and throughout Northern Illinois.

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