Family Law Valuations in Los Angeles

Business valuations, income analyses, and community property tracing for divorce and marital dissolution proceedings under California law — delivered by credentialed experts with deep family law experience.

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California Family Law Requires Specialized Expertise

Valuing a business in a California divorce is fundamentally different from a transactional appraisal. The applicable legal standards — from the treatment of goodwill under Marriage of Foster and Marriage of Brandes, to the Pereira and Van Camp methodologies for apportioning community and separate property interests — require an expert who understands both the financial analysis and the legal framework in which it will be applied.

LA Valuations provides expert valuation and financial advisory services to family law attorneys and their clients throughout the greater Los Angeles area. Our work is used in contested divorce proceedings, settlement negotiations, and mediation. We serve both petitioners and respondents with equal diligence and objectivity, and are experienced working alongside high-net-worth individuals, business owners, and executives facing complex marital estates.

Our professionals hold the CFA, CBV, ABV, and CPA designations, with membership in the AICPA, CFA Society, and American Society of Appraisers. They have testified as expert witnesses in California courts and have the experience and composure to deliver clear, defensible analysis under deposition and trial conditions.

Key California Standards We Apply
Marriage of Foster Marriage of Brandes Pereira Method Van Camp Method Marriage of Brown FC §760 Community Property FC §2640 Reimbursements Marriage of Grewal
Practice Areas
  • Business Valuation in Divorce
  • Professional Practice Valuation
  • Income Analysis for Support
  • Community Property Tracing
  • Stock Option & Equity Valuation
  • Rebuttal & Expert Review

Business Valuation in Divorce

Closely held businesses are often the largest — and most contested — assets in a high-asset divorce. Their value is rarely self-evident. It depends on the purpose of the appraisal, the standard of value applied, and a host of analytical judgments that opposing experts frequently disagree on. We prepare valuations that are rigorous, well-documented, and built to withstand challenge.

Personal vs. Enterprise Goodwill

One of the most contested issues in California divorce valuations is the separation of personal goodwill — which is not a community asset — from enterprise goodwill, which is. We apply a disciplined, case-law-informed analysis to distinguish these components, drawing on the specific facts of the business, the owner's role, covenant-not-to-compete considerations, and market evidence.

  • Analysis under Marriage of Foster framework
  • Covenant-not-to-compete valuation and allocation
  • Owner dependency and transferability analysis
  • Industry-specific goodwill benchmarks
  • Expert rebuttal of personal/enterprise goodwill arguments

Community & Separate Property Apportionment

When a business was founded or acquired before marriage, or was funded with separate property contributions, the community's interest must be carefully apportioned. We apply the Pereira and Van Camp methodologies to determine the appropriate allocation and document our analysis in a form courts and mediators can follow.

  • Pereira method (return on separate property contribution)
  • Van Camp method (value of community services)
  • Date-of-separation value determinations
  • Post-separation appreciation analysis
  • FC §2640 separate property reimbursement claims

Professional Practice Valuations

Medical practices, dental offices, law firms, accounting firms, and other professional practices present unique valuation challenges, particularly regarding the personal goodwill of the licensed practitioner. We are experienced in valuing professional practices across a range of disciplines and applying the appropriate California-specific goodwill analysis to each.

  • Medical and dental practices
  • Law firms and solo practitioner practices
  • Accounting and financial advisory firms
  • Architecture and engineering practices
  • Therapy and mental health practices

Valuation Methodology

We apply the income, market, and asset-based approaches as appropriate to the nature of the business, and reconcile these approaches with a clear rationale for the weighting of each. All reports are prepared in compliance with USPAP and applicable professional standards.

  • Discounted cash flow / capitalization of earnings (income approach)
  • Guideline public company and transaction comparables (market approach)
  • Adjusted net asset value (asset approach)
  • Discount for lack of marketability (DLOM) analysis
  • Discount for lack of control (DLOC) analysis

Income Analysis for Support

Calculating income available for child and spousal support when one or both parties own or operate a business is one of the most technically complex tasks in a family law matter. Business owners have significant discretion over how and when they take compensation — and opposing experts often reach dramatically different income figures. We provide a thorough, documented analysis that withstands scrutiny.

Business Cash Flow Reconstruction

We reconstruct the actual economic income available to a business-owner spouse by analyzing business tax returns, financial statements, bank records, and other source documents. This includes identifying discretionary expenses, personal expenses run through the business, and other add-backs that inflate reported costs or deflate reported income.

  • Tax return and financial statement analysis (3–5 year trend)
  • Identification of personal expenses and perquisites
  • Depreciation, amortization, and non-cash add-backs
  • One-time income and expense normalization
  • Retained earnings and accumulated wealth analysis

Earning Capacity Analysis

In cases where a party has voluntarily reduced their income, is underemployed, or has structured compensation in a way that understates actual earning capacity, we provide an independent analysis of what the party could reasonably earn. This analysis draws on market compensation data, professional qualifications, and the specific facts of the case.

  • Market compensation benchmarking by role and industry
  • Analysis of voluntary income reduction
  • Self-employment vs. W-2 equivalent income analysis
  • Deferred or suppressed compensation identification
  • S-Corp distributions and owner compensation analysis
What Our Income Analysis Covers: W-2 wages and salaries • Business income from Schedule C, K-1, and S-Corp returns • Rental income and passive income • Capital gains and investment income • Deferred compensation and bonus income • Stock option exercises and RSU vesting • Cash distributions • Non-cash perquisites (auto, housing, travel, meals)

Community Property Tracing & Complex Assets

High-net-worth divorces frequently involve commingled assets, premarital contributions, and complex compensation arrangements that require detailed financial tracing and analysis. We work with counsel to construct a clear, defensible picture of the marital estate.

Asset Tracing

  • Tracing separate property contributions through bank records
  • Commingled asset analysis and exhaustion tracing
  • Direct and indirect tracing methods
  • Moore/Marsden real property apportionment
  • Premarital asset identification and valuation

Equity Compensation

  • Stock option valuation (Black-Scholes, binomial)
  • RSU and PSU vesting and community property allocation
  • ESOP interest valuations
  • Carried interest and profit interest analysis
  • 409A and 83(b) election implications

Other Complex Assets

  • Retirement account characterization and QDRO analysis
  • Defined benefit pension present value
  • Deferred compensation plans
  • Investment portfolio and brokerage account tracing
  • Intellectual property and royalty interests

How We Work With Counsel

1
Initial Case Review
We discuss the facts of the matter with counsel, identify the key financial issues, and outline the scope of work needed. We provide a clear engagement letter and fee estimate before commencing work.
2
Document Collection
We identify the specific records needed — tax returns, financial statements, bank records, corporate documents, compensation data — and work with counsel to obtain them through the discovery process or direct production.
3
Analysis & Draft Report
We conduct the analysis and prepare a draft report for counsel's review. We address questions and refine the analysis as needed before finalizing the expert report.
4
Deposition & Trial Support
We support counsel through deposition preparation, participate in expert meetings or mediations as needed, and provide testimony at trial. We are available throughout the matter for consulting support.

Why Attorneys Choose LA Valuations

  • Senior-led engagements — credentialed professionals lead every matter; no bait-and-switch to junior staff
  • California-specific expertise — deep familiarity with the community property framework and family law case law
  • Responsive communication — accessible to counsel throughout the engagement, not just at report delivery
  • Defensible analysis — reports and testimony designed to hold up under aggressive cross-examination
  • Litigation-tested — experienced in deposition, mediation, and trial across LA County, Orange County, and surrounding courts

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