Business and Divorce Attorney in Boston, Massachusetts

How is the value of a closely held business determined in a MA divorce case?

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Boston, MA family law attorney Terri Partridge discusses how the value of a closely held business is determined in a MA divorce case. In dealing with business appraisals and division, she recognizes the inherent challenges and consistently turns to her experts for guidance on methodologies. The determination of value becomes critical, particularly in scenarios where there might not be enough cash to buy out the party not linked to the business. In response, she adeptly formulates a payout schedule, ensuring the business’s seamless continuity and facilitating payments to the spouse who has relinquished their interest in the business. This strategic approach underscores her commitment to maintaining the business’s financial stability and addressing the interests of all parties involved.

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