Property Division

Massachusetts Divorce Attorney

In any divorce, the division of marital property is likely to be one of the most contentious issues. Some assets are readily divisible, such as bank accounts or mutual funds, and these may result in few disagreements. Other assets are more difficult to value, such as the value of a home or a professional practice.

Regardless of the nature of the assets involved though, it is always important to have a strong advocate on your side, to ensure that your interests are protected. At the Studley Law Offices in Middleborough, Massachusetts, we provide skilled legal representation for people who are preparing for divorce.

For more than 20 years, attorney John E. Studley has been handling family law issues. We have the experience to get the results you need and deserve. Contact our office today to schedule a confidential consultation.

Valuing A Professional Practice

We have particular experience valuing professional practices as part of a divorce. There are several challenging issues that must be considered when handling professional practices as part of a marital estate subject to property division.

Unlike other businesses, where an owner may be interchangeable, the value of a professional practice is tied to the professional's reputation and skill. It is tied to the professional's relationship with clients and the unique service he or she can provide. Accordingly, valuation of the professional practice requires a very complex analysis.

Additionally, we understand the interplay between the value of a professional practice and any spousal support. In some cases, there may be concerns of "double dipping," where one spouse will be awarded the value assigned to the professional practice, but will also be awarded spousal support based upon the full stream of income produced by the practice. This issue is controversial, and still being resolved in Massachusetts courts. We will work diligently to ensure that the ultimate arrangement is fair.

For more information regarding the division of marital property, contact our office today to schedule a confidential consultation with a knowledgeable family lawyer.