How JustAnswer Works:
  • Ask an Expert
    Experts are full of valuable knowledge and are ready to help with any question. Credentials confirmed by a Fortune 500 verification firm.
  • Get a Professional Answer
    Via email, text message, or notification as you wait on our site.
    Ask follow up questions if you need to.
  • 100% Satisfaction Guarantee
    Rate the answer you receive.
Ask Ellen Your Own Question
Ellen, Lawyer
Category: Family Law
Satisfied Customers: 36714
Experience:  25 years of experience helping people like you.
Type Your Family Law Question Here...
Ellen is online now
A new question is answered every 9 seconds

how is a dental office valued in a divorce proceeding

Resolved Question:

how is a dental office valued in a divorce proceeding? is it the value of the building only? or is the "business" appraised and included also ...from talking to dental office appraisers it seems like a huge variety of methods are used to appraise the business portion and it really comes down to what the buyer is willing to pay...thanks
Submitted: 7 years ago.
Category: Family Law
Expert:  Ellen replied 7 years ago.

I am the JustAnswer expert that will be helping you today. I am a lawyer with 25 years experience. Although I am not your attorney, I hope that I can give you helpful legal information.

Typically an appraiser is retained to compute the value. A rule of thumb would be net receipts times 1 to 1.5 plus the value of the tangible assets
Ellen and other Family Law Specialists are ready to help you