In a marital dissolution, one of the assets included in the marital estate can be a closely held business. Depending on the couple’s prenuptial agreement or community property rules, a business or portfolio of shares could be considered marital property. There may be settlement provisions that have been agreed, which means the operating profits must be distributed equitably among the two spouses. In cases such as these, it is imperative that the business or shares are valued carefully. Wingman has all the required expertise to do so.
In divorce cases, Wingman supports (the lawyer of) one of the divorcing parties as well as the courts or courts of appeal. Sometimes in the capacity of party adviser and often as independent legal expert. Wingman is also called upon when parties attempt to negotiate a settlement outside of the court, for example in mediation cases or collaborative divorces.