1776 S. Naperville Road
Building B, Suite 202
Wheaton, IL 60189
New client after hours number: 630-690-6077
Wheaton Divorce Lawyer
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DuPage County Business Valuations Attorneys

Business Valuations Lawyers Serving Downers Grove, Carol Stream, and Winfield

If a business is part of your marital estate,, that business is subject to division along with the rest of your marital assets during a divorce. Dividing a business between two parties can be very complex and may ultimately have negative consequences for the business’s future. Business owners have a number of options for dealing with their business during their divorce, but a proper business valuation is almost always required.

At The Stogsdill Law Firm, P.C., we are experienced in handling business valuations as part of a divorce. Our attorneys work with experienced financial experts to ensure every business asset and debt is reported, and that the value of the business is properly calculated. When there is disagreement over the value of a business, we strongly advocate for our clients’ interests. When necessary, we can provide aggressive representation in the courtroom, representing your interests in matters which impact your business.

Divorce and Business Valuations in DuPage County

Dealing with business interests during a divorce can be a substantial task. Whether it is a family business, professional practice, or any other type of closely-held business interest, the property division process can be very complex. Depending on the type of business and the desires of both spouses, there are severally three options that spouses can choose from, including:

  • One spouse takes full ownership of the business. In this case, the other party typically receives a portion of the marital estate that is equivalent in value to the business to compensate for that party’s lost business interests. This is often the preferred option, as one spouse may have little or nothing to do with the business and it may not be an opportune time to sell;
  • Sell the business. If you sell the business, each party can take his or her share in cash; and
  • Run the business together after the divorce. If the relationship is amicable and you believe you can successfully work together you can have a new contract drafted to reflect the individual ownership stakes.

Regardless of what option is chosen, accurately establishing the value of the business is essential to ensuring a fair settlement. If your divorce involves a business or business interests, contact us at 630-462-9500630-462-9500 to schedule a consultation. Whether you wish to retain the business or an equivalent portion of the marital estate, we make sure your rights and interests are protected. Our firm is located in Wheaton, IL and we work with clients throughout Northern Illinois including DuPage County.

  • DuPage County Bar Association
  • Illinois State Bar Association
  • American Bar Association
  • Rotary of Oak Brook
  • Martindale Hubbell
  • American Institute of Family Law Attorneys
  • American Institute of Family Law Attorneys
  • Top 40 Under 40
  • DCBA Law Firm of the Year
    DCBA Law Firm of the Year 2011, 2013
  • Office of the States Attorney 2006-2007
    Outstanding Service to the Office of the State's Attorney 2006-2007
  • Prosecutor 2012
    Outstanding Misdemeanor Prosecutor 2012
  • AVVO Clients Choice
    Clients' Choice
  • I would highly recommend Tony Sammarco to anyone needing a divorce lawyer. He explained all my options to me and he made sure I understood the process. I am glad I had him there to help me through this difficult time.

  • Thank you doesn’t seem enough for all that Bill Stogsdill and Brett Williamson have done not only for me, but my children as well. When I first met both of these gentlemen, each presented themselves with such self-confidence. I instantly knew...

  • The Stogsdill Law Firm and I were able to obtain sole custody of my son. I am fortunate for the outcome and I am to be a father to my son. Secondly, my ex-spouse was awarded limited portion of the marital estate. Bryan Estes is more than an excellent lawyer...

  • Whenever my opinion is asked by any of my clients, friends or family regarding what law firm someone should use for their divorce my answer is always the same –The Stogsdill Law Firm, P.C. The kids and I are forever indebted to Bill and his firm.

  • Bryan's ability to listen and understand my situation and then offer his advice on how we should proceed was the main reasons I hired Bryan as my attorney. That was the best decision I made, for myself and my children. Bryan helped develop action plans as well as a strategy ...

  • I wanted to thank you for your professional and respectful help with my case. Before entering your law firm, I felt as if my life might be at an end. After being greeted by your office manager, I was completely put at ease. Then after my consultation with you, I knew I was in good hands...

  • Mr. Smit has demonstrated a high degree of loyalty and trust worthiness to his work and to his associates. Justin certainly is an asset to your Law Firm, his organization skills are second to none. I have and will continue to recommend Justin ...

  • I recently made the life-altering decision of ending a 30 year marriage. While the support of family and friends was very important, I knew that choosing the right attorney was vital. In large part, my future would be determined by his legal advice and skills…

  • You've clearly established a client-focus in your office -- providing your clients with the warmth and understanding they need as they go through a very difficult time. Thank you, again, for all your help.

  • Taking that step to file for divorce was probably one of the most life changing decisions I have ever made. The process is very painful and emotionally draining. I retained Robert Boyd and Justin Smit of The Stogsdill Law Firm, P.C...