New Hampshire Valuation of Marital Assets Lawyers
With Law Offices in Manchester, NH
Do You Need Legal Help?
New Hampshire Valuation of Marital Assets Lawyers
With Law Offices in Manchester, NH
Do You Need Legal Help?
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New Hampshire Valuation of Marital Assets Lawyers
Valuation of Marital Assets in New Hampshire
In New Hampshire, the Court is charged to make an equitable division of the parties’ marital estate. In order for the Court to make an equitable division, all marital assets must be identified and valued. In New Hampshire, each party is required to identify all of their assets and to list a value for each asset on their Financial Affidavit.
Some assets are easily valued and others require the input of experts. For example, the value of a bank account can be easily determined by the amount of money in that account. Likewise, the value of publicly traded stock can be established by publicly available trading data. In contrast, real estate, stock options, pensions or closely-held business interests often require expert analysis. For example, if you and your spouse disagree about the value of your home, a real estate appraisal may be required. Similarly, in order to establish the value of a business such as a medical practice or a family-owned business, financial experts likely will be required to prove the value.
The correct valuation of marital assets is essential in order for the Court to make an equitable division of assets, and to assure that clients receive their fair share of marital assets.
Frequently Asked Questions About Valuation of Marital Assets in New Hampshire
What is the valuation of marital assets in a New Hampshire divorce?
Valuation of marital assets is the process of identifying and assigning a dollar value to every asset in the marital estate so that the court can make an equitable division between the parties. In New Hampshire, each party is required to identify all of their assets and list a value for each on their Financial Affidavit. Accurate valuation is essential to ensure that both spouses receive their fair share of the marital estate.
Which assets are easy to value in a New Hampshire divorce?
Some assets have straightforward, easily verifiable values. For example, the value of a bank account is simply the account balance, and the value of publicly traded stock can be established using publicly available trading data. These types of assets generally do not require expert analysis and can be listed on a Financial Affidavit without dispute.
Which assets require expert valuation in a New Hampshire divorce?
Assets such as real estate, stock options, pensions, and closely held business interests often require expert analysis to determine their value. For example, if the parties disagree about the value of the marital home, a real estate appraisal may be required. Valuing a medical practice, family-owned business, or other complex asset typically requires financial experts to provide a credible, court-ready valuation.
How does the court use asset valuations in a New Hampshire divorce?
The New Hampshire court is charged with making an equitable division of the marital estate. To do so, all marital assets must first be identified and properly valued. The valuations submitted by the parties — and any expert opinions — form the foundation of the court’s property division decision. Incorrect or disputed valuations can significantly affect the fairness of the outcome.
What happens if my spouse and I disagree about the value of a marital asset?
If the parties cannot agree on the value of a marital asset, expert testimony or appraisals may be required to resolve the dispute. For real estate, this typically means a licensed appraiser. For businesses or professional practices, a forensic accountant or business valuation expert may be needed. The court will consider all submitted evidence when determining the value to be used in the equitable division.
How can Tenn And Tenn, PA help with valuation of marital assets in New Hampshire?
At Tenn And Tenn, PA, we have developed a network of trained professionals and courtroom-tested experts with whom we work to accurately value marital assets in a cost-effective manner. Our skilled New Hampshire valuation of marital assets lawyers understand the complexities of equitably dividing a marital estate and will work to ensure that your assets are properly identified, valued, and protected throughout the divorce process.
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At Tenn and Tenn, PA, we have developed a network of trained professional and courtroom-tested experts with whom we work in order to accurately value marital assets in a cost-effective manner. Our skilled New Hampshire valuation of marital assets lawyers understand the complexities of trying to equitably divide a marital estate.
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