Is The Medical Practice Being Properly Valued?


Steven J. Kaplan, Esq.

Published on December 06, 2025 | 2 minute read

I’m Steve Kaplan, stevena New Jersey divorce lawyer with over 37 years of experience representing physicians, surgeons, and other doctors in complex divorce cases.

You expected to divide assets.

But you didn’t expect your medical practice to be assigned a bloated valuation based on “goodwill,” future referrals, or projected income that hasn’t—and might never—materialize.

But that’s exactly what could happen in New Jersey divorce cases.

If you’re not careful, you could end up buying out an exaggerated number based on unrealistic assumptions, not reality.


Valuation of a Medical Practice is Part Art & Part Science

Yes, your practice is likely part of the marital estate in New Jersey—even though your spouse has never seen a patient.

But that doesn’t mean that everything they claim is fair to you.

Opposing experts routinely modify their estimated practice valuations by:

  • Blurring the line between personal and enterprise goodwill

  • Projecting future earnings based on unrealistic growth

  • Treating your license like a guaranteed income stream

That’s why I partner with some of the most respected forensic accountants in the state.

Together, we build a valuation defense that’s grounded in reality—not wishful thinking.

 

Dr. "So-And-So" from Monmouth County Was Ready to Give Up

(Name hidden to protect client confidentiality)

He owned a growing private practice, worked 70-hour weeks, and thought the house and investments would be the only real points of negotiation.

Then came a shock: his wife’s attorney retained a business valuation expert who claimed that the practice was worth over a million dollars—even though the good doctor had significant business debt and unpredictable income.

He felt ambushed. Until he found my NJ Divorce Course.

By the time we met, he understood how practices can sometimes be unintentionally overvalued by the other side, and how to appropriately and persuasively fight back.

I work closely with top forensic accountants to make sure that my clients don’t get stuck with inflated valuations, unrealistic income assumptions, or unfair timelines.

We brought in a top-tier forensic accountant, dismantled the inflated appraisal, and negotiated a fair, realistic outcome.

There Are Things You Can Do To Get A Better Result

My free NJ Divorce Course walks you through the critical issues that affect people like you, including how to protect your practice from exaggerated claims and unfair valuations.

It’s free. It’s confidential. And it’s the smartest first step you can take right now.

The first move? Knowledge.

Don’t sign anything yet.

Don’t agree to anything yet.

Instead, get smart.

Get strategic.

Steve Kaplan’s Divorce Course  is a free email series that teaches you what you need to know before you separate, file, or negotiate alimony.

You’ll learn:

  • How judges think about alimony in real cases

  • What to do (and not do).

  • How to prepare for mediation or trial

It's free.

It's private.

And it could save you hundreds of thousands of dollars.

Click the blue link below to get started now:

Check Out My Free NJ Divorce Course

 

Best regards,

Steve

Steven J. Kaplan, Esq.

Specializing in Divorce
Throughout New Jersey

(732) 845-9010

www.KaplanDivorce.com