Valuing Family Property in Family Law Cases: Corporate Assets
How does the court value companies in family law cases? In most cases, it is the value of the shares of the companies that the spouse(s) own which may be subject to division of property and not the actual assets of the corporation. The reason this is so is because the corporation has its own distinct legal personality.
This is a short preview. The article was written by Mark Chiu Law and the full text is on their website.