Professionals Have a Lot to Lose If They Lose Their Practice in Divorce
Licensed professionals stake their careers in their practice. It takes years to build up a professional reputation among clients and colleagues. Losing it all or a portion of it in a divorce property settlement can be a financial disaster that is impossible to overcome.If you are a professional going through a divorce, will your attorney know how to make sure your practice remains separate property? At Stange Law Firm, PC, we are skilled, experienced litigators who know the strategies for keeping your practice in your name. When we meet during an initial consultation, we will discuss the complex issues involved in your property settlement, including:- Fair valuation of your practice
- Whether the appreciated value is subject to property transmutation
- What part of your professional practice is subject to rules of property transmutation
- How tax obligations and corporate structures might impact your settlement
- What did your spouse contribute to the success of your professional practice and career
- Doctors and medical professionals, medical clinics
- Dental practices, orthodontists
- Chiropractic offices
- Lawyers and law firms
- Architectural firms
- Other professional services
