When a couple decides to divorce and one or both spouses own a business, a business appraisal or valuation is needed to determine its value. The appraisal is performed to determine how much the business is worth and what portion of this value is owned by both parties (the community). The community value in the […]
Author: Ron E. Thompson
When you find yourself amid a divorce or separation, it is hard to know what to do first, especially when it comes to dividing you and your spouse’s financial assets. And if you and your spouse own a business or professional practice, it will be one of the areas that will go under the financial […]
When you start developing your retirement strategy, no matter your age, it is essential to consider several key factors, especially if you have a complex financial portfolio. Here are some thoughts and questions we like our clients to consider during our initial consultation with them: What are your current income streams Where do they come […]
Here we list some statistics which might cause you to be concerned—as well as some thoughts about how you can overcome the fear by acting to develop a plan. Only 1 in 10 workers has made a financial plan Without proper planning, you might be more susceptible to reacting to market events, and you […]
Leading and running your business will involve so many moving parts. It is a complicated endeavor which requires careful balance and great expertise. As an executive or business owner, one business trend you ought to consider is outsource accounting, which places accounting professionals to work so you have more time to grow and maintain […]
Marriages dissolve for many different reasons – sometimes mutual, sometimes not. Either way, it can be a grueling process for all involved. There are so many questions that you need answered. One of them is, how will you go about protecting your finances throughout the divorce process? Here are some points to consider before starting […]