Professional Practices

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Professionals Have a Lot to Lose When Ending a Marriage

Licensed professionals dedicate years, often decades, to building successful careers and respected reputations within their communities. When dissolution proceedings threaten the stability of that professional practice, the financial and personal impact can be overwhelming. At Stange Law Firm, we understand that your practice is not just an asset, it’s your livelihood and the result of years of education, training, and hard work.

Protecting Your Professional Practice

If you are a professional going through a dissolution, it’s essential to work with an attorney who understands how to protect your business interests. Our experienced attorneys know how to address the unique challenges that arise when a professional practice becomes part of a property division case.

When you meet with us, we’ll discuss key issues such as:

  • Accurate valuation of your professional practice and goodwill
  • Whether the appreciated value is subject to property transmutation
  • How to determine if part of your practice is marital property
  • The role of corporate structure and taxation in asset division
  • The extent to which your spouse’s contributions may affect the practice’s value
 

We take a detailed, evidence-based approach, often working with financial experts, forensic accountants, and valuation specialists to ensure your practice is represented fairly and accurately in court or negotiations.

Professionals We Represent

Our firm regularly represents clients from a variety of professional fields, including:

  • Doctors, surgeons, and other medical professionals
  • Dentists and orthodontists
  • Chiropractors and healthcare providers
  • Attorneys and law firm partners
  • Architects, engineers, and consultants
  • Other licensed professionals
 

We understand the distinction between your professional license, which represents your future earning capacity, and your practice’s current value, which may or may not be considered marital property. We’ll fight to protect what you’ve built while pursuing an equitable and just outcome.

Contact a Multi-State Dissolution and Domestic Litigation Lawyer Today

If you are a professional concerned about protecting your business or practice during a dissolution, our team can help. Contact Stange Law Firm online or by phone at 855-805-0595 to schedule a confidential consultation at any of our convenient locations.

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Helpful Information Regarding High Net Worth Divorce From our Webpage

To learn more about our work in the area of high net worth divorce, please follow the links below:
Do You Need a Last Will and Testament or an Estate Plan?
Everybody should consider making a will. However, a will is about much more than the division of a sizable estate, and making a will is not something that those with substantial assets.
Trust Attorneys
As Stange Law Firm, PC, we can determine the right type of trust for your needs and objectives and select the type of trust that best protects your interests.
Valuing professional practices and businesses
Valuing a professional practice can be extremely difficult because much of the value is in the individual's contribution, not in merchandise or interests that can be easily divided. If you have questions, we have answers.
Pensions, IRAs and 401(k)s
Missouri law significantly affects the division of retirement savings accounts. If many of your assets are in IRAs or 401(k)s, we can talk with you about your options.
Qualified Domestic Relations Orders
QDROs create or recognize the existence of an alternate payee's right to receive all or a portion of the benefits payable under a retirement plan. We can explain what this means for you.
Tax Issues
For some, they can have significant questions and concerns about how dissolving a marriage might effect them from a tax perspective. We can help ensure that clients can get the tax advice they need from tax professionals.
Maintaining Lifestyle
Many individuals have spent their entire life working hard in order to maintain a lifestyle that they have sought out. We can help individuals going through divorce ensure that they are put in the best financial position possible after a divorce.
Business Owners
Many individuals have spent their whole life trying to create a successful business or they have assisted their spouse build up this interest. It can be stressful when that business interest becomes part of a divorce proceeding. However, we an help ensure that a business interests are fairly evaluated.
Prenuptial & Postnuptial Agreements
Prior to entering into a marriage, or after the wedding date, many individuals are interested in putting together a prenuptial or postnuptial agreement to ensure that there are not lengthy and contentious divorce proceedings later if the marriage ends in divorce In these instances, we can help.
Farm
In certain cases, parties going through a dissolution of marriage may own a family farm. This can result in the farm itself, equipment, livestock and other valuable assets being put in play in a dissolution of marriage. We can help you if this is the case.
Stocks and Bonds
Many married couples also have significant sums in stocks and bonds. It's vital to work with an attorney to have an accounting of what is out there and to ensure it is properly addressed in family court.
Vocational Examination
The income producing potential of a husband and wife can be an important issue in a spousal support or child support case. A vocational examination can be useful in many of these cases where the current income of a party does not appropriately reflect what they could make.
Real Estate Portfolios
Real estate can be an important issue in divorce cases where the parties own rental property and other valuable real estate. We can work with parties in these types of cases to make sure these assets are property valuated and apportioned.
Delayed Compensation
In some situations, a party may be compensated through delayed compensation. This is an important area that should not be over-looked in a divorce.
Overseas Assets
Overseas assets can be significant issue in certain cases. It is vital that you have an attorney who understands how to address this issue
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Contact the Multi-State Domestic Relations Lawyers at Stange Law Firm

If you looking to find and hire a family lawyer, contact us online or by phone to schedule a confidential consultation at any of our convenient locations by calling 855-805-0595.

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Prenuptial Agreements Line by Line

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Protect Yourself By Understanding Your Options and Knowing Your Rights

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MAIN OFFICE LOCATION

Stange Law Firm, PC

120 S. Central Avenue, Suite 450

St. Louis (Clayton), Missouri 63105

Toll Free: 855-805-0595
Fax: 314-963-9191
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