Arlington County Business Asset Division Lawyer — How Is Your Business Valued in Divorce?
Dividing a business in an Arlington County divorce is governed by Virginia’s equitable distribution statute, Va. Code § 20-107.3, which Mr. Sris personally amended. A business asset division lawyer Arlington County from Law Offices Of SRIS, P.C. can protect your ownership interests. We have 115 documented case results in Arlington County. Valuation is complex and requires experienced analysis.
Last verified: April 2026 | Arlington County Circuit Court | Virginia General Assembly
Virginia Law on Business Asset Division
Virginia is an equitable distribution state, meaning marital property, including business interests, is divided fairly but not necessarily equally. The court considers 11 statutory factors under Va. Code § 20-107.3. A business started or acquired during the marriage is typically marital property. Separate property, such as a business owned before marriage, may remain separate unless marital efforts or funds increased its value.
Official Resources
Arlington County’s Process for Dividing a Business
In Arlington County, business division is a multi-step process handled by the Circuit Court. The key is accurate valuation, which often requires a forensic accountant or business appraiser. The court must determine if the business is marital, separate, or hybrid property.
- Identification & Classification: Determine if the business is marital, separate, or hybrid property.
- Valuation: Hire a qualified business appraiser to determine the fair market value as of the date of separation.
- Presentation of Evidence: Submit the valuation report and argue for a specific distribution at trial or in settlement negotiations.
- Distribution: The court orders a division, which may involve a buyout, sale, or continued co-ownership.
Potential Outcomes & Considerations
In Arlington County, dividing a business asset can result in a buyout, sale, or continued shared ownership, impacting both your financial future and control of the company.
Results may vary. Prior results do not guarantee a similar outcome.
Why Choose Our Firm for Your Business Division Case
Law Offices Of SRIS, P.C. was founded in 1997 by former prosecutor Mr. Sris. Our firm brings over 120 years of combined legal experience to complex financial divorces. Mr. Sris’s personal amendment to Virginia’s equitable distribution statute gives us unique insight into how courts interpret these laws. We understand that your business is more than an asset; it’s your livelihood.
Case Results in Arlington County
Our firm has a documented record in Arlington County courts. For example, we secured a dismissal on a domestic assault charge in Arlington County Juvenile and Domestic Relations District Court. In another matter, an assault charge was dismissed in Arlington County General District Court.
Results may vary. Prior results do not guarantee a similar outcome.
Contact Our Arlington Business Asset Division Lawyer
Our Arlington location serves clients at the Arlington County courts. We represent clients in Arlington, Crystal City, Rosslyn, Clarendon, Ballston, Pentagon City, and Shirlington.
Law Offices Of SRIS, P.C.
1655 Fort Myer Dr Suite 700, Arlington, VA 22209, United States
Toll-Free: (888) 437-7747 | Local: 703-589-9250
By appointment only. 24/7 phone consultations.
Frequently Asked Questions
Is my business considered marital property in a Virginia divorce?
It depends. A business started during the marriage is typically marital property. A business owned before marriage may be separate, but its increase in value during the marriage could be marital subject to division under Va. Code § 20-107.3.
How is a business valued for divorce in Arlington County?
A business is valued at its fair market value as of the date of separation. This often requires a forensic accountant or certified business appraiser to analyze assets, goodwill, and future earnings. The valuation method (asset, income, or market approach) depends on the business type.
Can I keep my business and give up other assets?
Yes. This is called a “buyout” and is a common resolution. You can keep the business by offsetting its value with other marital assets of equal value, such as retirement accounts, real estate, or cash. An affordable business asset division lawyer Arlington County can negotiate this.
What if my spouse worked in the business?
If your spouse contributed to the business’s growth, their efforts likely created marital value. Their contributions are a factor the court considers under Va. Code § 20-107.3, potentially entitling them to a share of the increased value during the marriage.
Where can I find a business asset division lawyer near me Arlington County?
Law Offices Of SRIS, P.C. has an Arlington location at 1655 Fort Myer Dr. We serve the entire county. For a business asset division lawyer near me Arlington County, call (888) 437-7747 for a 24/7 consultation.
Related Legal Information
Last verified: April 2026. Information current as of verification date. Laws change — contact Law Offices Of SRIS, P.C. at (888) 437-7747 for current guidance.