Dividing Assets and Debts of a Psychiatrist or Psychologist
In a divorce, your marital assets and debts will need to be divided, including any ownership interest you have in a business or practice. This occurs regardless of whether you are a psychiatrist, psychologist or other mental health professional.
At Moraitis & Raimondi, LLP, we help individuals from all areas of the mental health industry through the stages of a divorce. From the initial filing to negotiations and, if necessary, in the courtroom, we will act as your advocate.
What Sets Your Divorce Apart?
As a psychiatrist or psychologist, you may have an ownership interest in your practice. Whether you own your practice or own a portion of a larger practice, any value gained during your marriage may be considered marital property.
Determining what is marital property can be complex, particularly if you started your practice prior to marriage. Additionally, your practice itself may be difficult to value. Our attorneys work with leading business valuation experts in order to properly assess and value a business interest. We will work diligently to ensure that your practice is fairly valued and properly divided in your divorce.