Las Vegas Divorce Attorneys Assisting With Division Of Professional Practices
A professional practice is almost always built on a foundation of years of personal education, experience and financial investment; and from its conception on, the unending support of family members is almost certainly required for success.
At Radford J. Smith, Chartered, our Las Vegas divorce lawyers represent clients throughout the Las Vegas area who are embroiled in divorce disputes that implicate equitable division of the professional practices of one or both divorcing spouses. Offering skilled, astute and business-savvy guidance as part of comprehensive legal representation, our goal is to preserve your rights to something you’ve worked so hard to build.
Handling Complex Property Division Issues
With more than 40 years of combined experience representing divorcing clients, the attorneys at Radford J. Smith, Chartered, provide astute and skilled advice regarding the valuation and creative division of professional practices, including:
- Medical practices
- Dental practices
- Law firms
- Accounting firms
We have a close relationship with industry experts and specialists who help to ensure accurate valuation of a professional practice, including consideration of net worth, profits, revenue projection, valuation of specific assets, including real estate, business trademarks and logos, and client, patient or referral lists.
Unlike most family-owned businesses, the division of a professional practice will not necessarily cause it to be bankrupt, because the professional still theoretically has the means to continue practicing in his or her field. Accordingly, the foremost concern in the division of a professional practice beyond valuation of its assets is often how the division will affect contractual obligations under partnership agreements with other professionals in the practice, if any.
Our goal is to seek creative ways to equitably distribute the value of a professional practice between divorcing spouses, while ensuring compliance with such partnership agreements, as well as the ongoing earning potential of the professional divorcing spouse.
Contact Our Nevada Business Valuation Attorneys
The assistance of experienced, sophisticated attorneys will go a long way toward achieving successful resolution of complicated issues in divorce. Contact us today to schedule an initial consultation. Our Henderson professional practice attorneys represent people throughout the Las Vegas area.