Real Estate

Hawaii is what is called an "equitable distribution" state. Real property is divided (or retained by one party) according to well-established rules of precedence (created by State Statutes and previous Divorce cases).  Parties frequently face issues regarding pre-marital ownership or contribution to real property, valuation of real property, and issues regarding who wishes to (an is financially able to) own real property following the divorce.  Our law offices work with local property appraisers and brokers to ensure that valuation is accurate and that (if possible) real property is retained.  If owning real property following a divorce is not financially feasible, the parties (or the Court) can decide upon an immediate sale and distribution of any equity (or debt).

Valuation of Business

When one spouse owns a business, or if a business is owned jointly as marital property, the valuation of that business is a key component to dividing the marital estate.  The monetary value placed on a business can vary wildly depending upon the valuation method used.  For instance, how do you consider equity and inventory, or potential for future profits?  How do you impute the value of the spouse's contribution to the business, should it be sold?  How do you calculate goodwill?  The advice of an experienced family law attorney like Christopher D. Thomas is vital to achieving the correct result in this critical area

Christopher D. Thomas is an experienced attorney handling legal issues like real estate and valuation of business in Hawaii. Call our offices at (808) 261-7710 or contact us via email today to schedule an appointment with an experienced, caring, dedicated and knowledgeable attorney.