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:
- Attorneys and law firm partners
- Architects, engineers, and consultants
- Accountants
- 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.
