When spouses undergoing a divorce share ownership of a business, a value must be determined to achieve a fair division of their assets. Determining the value of a business can be a lengthy and complicated process, many times involving use of other experts, and thus requiring the skills of an attorney who is greatly experienced with these types of cases. The lawyers at Stabile & Moshtael have significant experience in handling business valuations and will provide you a complete strategy for valuing your company’s worth for your settlement or litigation purposes.
Visitation folds into custody. A better way to think about it is in terms of custody labels. i.e. physical custody and legal custody. Physical custody is the physical placement of the child or how much time they spend with each parent. Visitation is the amount of time each parent spends with a child, therefore it falls into the umbrella of physical custody. Legal custody is the ability to make decision for the health, wealth, welfare, safety of the child. For example making decision regarding their medical treatment, the school they go to, their faith, how they dress, and more. Visitation is limited to physical custody and is primarily determined by a best interest test. These are called Best Interest Factors and they include factors such as: who is the primary care taker of the child, what is the degree of nurturing and bonding either parent has with the child. Conducts such as alcoholism, domestic violence, et… are all taken into consideration when the court determines how much time the children will spend with each parent.
When establishing a child support order, it’s important to ensure that the courts are aware of all factors that may affect the outcome of the order. Your attorney will assist you in gathering the necessary income and expense information, as well as other relevant details such as child care and health insurance costs. These key facts will assist in determining the proper amount of child support to be paid. Therefore, it’s vital that the courts have accurate and complete information. Your attorney from Stabile & Moshtael has decades of experience with these types of cases and can ensure that you’re fully prepared to supply the court with the right information to obtain the right result.