New Jersey Business Valuation Lawyers
Careful Attention to a Key Step in Property Division
If you are going through a divorce and you or your spouse own assets such as real estate, business interests or other investments, determining what those assets are worth through sound valuation procedures is a necessary part of the process of fair and equitable division.
At Townsend, Tomaio & Newmark, L.L.C., several of our New Jersey divorce lawyers focus primarily on asset division issues, and we work with qualified expert professionals to pursue accurate valuation of marital assets. Contact us to schedule a consultation at our offices in Morristown.
Getting the Right Experts for Your Specific Circumstances
Getting an accurate valuation of an asset in a divorce case requires hiring the right professional for the job. Someone who is an expert at dealing with a particular type of asset is likely to be more accurate and more credible than someone with a more general background.
Depending on the nature of your and your spouse's assets, we can retain one or more of the following professionals to assist us in the valuation of marital property:
- Certified public accountants (CPAs)
- Forensic accountants
- Investment analysts
- Property appraisers
Valuation is a key step in the process of negotiating or litigating the equitable distribution of assets and debts in divorce. You owe it to yourself to work with a law firm that is highly experienced in this area.
Looking at the Long-Term Consequences of Asset Distribution
Often, it is important not only to determine the value of an asset but also to look at the cost of maintaining the asset as compared to any income it might produce. Sophisticated legal counsel can help you sort out which assets will put you in the best position to move forward.
It may seem like a good idea to get the family home, but if you can't afford to maintain it, it could become a burden. Our attorneys will look at the overall picture and help you make informed decisions about property division outcomes.
Contact us to discuss any issues related to the valuation of marital assets in divorce. We serve clients in North and Central Jersey, including the counties of Morris, Somerset, Essex, Union, Hunterdon, Bergen, Passaic, Sussex, Warren, Mercer, Middlesex and Monmouth.
