Physician, Attorney & Dental Divorce · Florida

Professional Practice Divorce in Florida.
Practice Valuation, Goodwill & Confidential Discovery.

Florida divorces involving physicians, attorneys, dentists, accountants, and other licensed professionals require specific handling: practice valuation, the personal-vs-enterprise goodwill split, accounts-receivable analysis, accurate income measurement (which is often more complex than W-2 income), and confidentiality protocols for patient/client information during discovery. Attorney Fraser handles every case personally.

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Quick Answer

Florida professional-practice divorces apply Fla. Stat. § 61.075 equitable distribution to the practice's tangible assets, accounts receivable, and enterprise goodwill (but not personal goodwill). Valuation typically requires a qualified business appraiser using income, market, and asset approaches. Discovery must protect patient/client privilege through protective orders. Income for support purposes (Fla. Stat. § 61.30) is often higher than reported W-2 income because of practice-level perks and distributions. Free consultation: 877-862-7188.

Professional Practice Divorce

What Makes These Cases Different

Professional-practice divorces sit at the intersection of family law, business valuation, professional licensing, and ethics rules. Unlike a standard W-2 wage earner, a partner in a medical group or law firm has income components that don’t appear on a single tax return: K-1 distributions, capital account contributions and returns, deferred comp, partnership buy-in/buy-out provisions, eat-what-you-kill compensation models, and side-stream consulting. Each affects equitable distribution and support calculations.

Frequently Asked Questions

Professional Divorce Questions

Is my medical/dental/law practice divisible in divorce?
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Yes, to the extent it grew during the marriage. Florida applies equitable distribution under Fla. Stat. § 61.075. Both tangible assets (equipment, real estate, AR) and intangible value (goodwill, going-concern) are evaluated. Personal goodwill, tied to the individual's reputation and skill, is generally not divisible in Florida; enterprise goodwill, tied to the practice itself, is divisible.
How is professional goodwill calculated and divided?
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Goodwill is fair market value minus identifiable tangible assets. Florida splits goodwill into personal (non-divisible) and enterprise (divisible). Fact-specific: a solo physician's goodwill is mostly personal; a multi-physician group with established branding, contracts, and patient base may have substantial enterprise goodwill. A qualified business appraiser performs the analysis.
What about accounts receivable?
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AR earned during the marriage are marital, even if not yet collected. Valuation accounts for collectibility, historic write-offs, payor mix, aging schedule. Valuation date matters: filing date or trial date, depending on the asset. Distribution can be a buyout or an offsetting award.
Will divorce affect my medical or bar license?
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Divorce itself does not. But conduct during proceedings can. Misconduct involving children, financial deception, or domestic violence can produce disciplinary risk for licensed professionals. Patient/client confidentiality must be maintained throughout discovery; protective orders are commonly used. Attorney Fraser structures discovery to protect privileged third-party information.
What's the timeline impact for a practicing professional?
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Professional divorces typically run 9–18 months, longer than standard contested cases, due to valuation, forensic accounting, and discovery time. Fourth Circuit mandatory mediation generally happens after substantial discovery. Many cases resolve at mediation when valuation is clear; trial alternative may last 2–4 days.

Professional Divorce Free Consultation

Confidential consultation. Phone or video. Same-week availability. Coordination with your accountant and partnership counsel.