Issues Facing Medical Professionals in Divorce
As a doctor, surgeon or other medical professional, you have spent years obtaining the education and experience necessary for your position. As a result of that hard work and effort, you have likely been rewarded with a high income and other benefits. In a divorce, however, assets and income accrued during your marriage can be divided. You may also own your own practice or a share in a business, which is similarly divided in a divorce.
A high income and extensive assets can complicate a divorce. For this reason, it is important that you work with an attorney who understands your financial situation and can provide you with actionable advice regarding the division of property in your divorce. At Moraitis & Raimondi, LLP, we have decades of experience representing medical professionals in divorce.
Assessing and Valuing a Medical Practice
Any ownership interest in a business, including a medical practice, can be divided in a divorce. This involves first determining which portion of your interest constitutes marital property. Then, our attorneys work with business valuation experts to understand the full and fair value of your practice. Finally, we represent your interests in negotiations or, if necessary, in the courtroom to ensure your ownership interest is divided equitably along with other forms of marital property such as your home, retirement assets and other property.
Spouses of Doctors and Other Medical Professionals
If you are divorcing a medical professional, an attorney can help to ensure that you receive a fair share of any assets and interest gained during your marriage. We work diligently to protect your rights, including any right to a portion of the interest in your spouse’s professional practice.