Legal Question in Family Law in New York

Re: the value of my pharmacy license

I agree with Mr. Browde's answer. Courts have in the past valued a pharmacy license under different circumstances. Was it obtained during the course of a marriage. In obtaining the license, what was the contribution of the other spouse ( financially, emotionally etc.) After the license was obtained, and assuming that the spouse contributed to it, how did the license increase the earning potential of the licensed spouse, if any.

Did the licensed spouse open up a business, or work for someone else. If the licensed spouse had her own pharmacy, what then becomes the present day value of the pharmacy.

What about the other spouse, did he go through school during the course of marriage etc.

There are many different aspects to your question.

Our office has accountants and economists who work with me to determine what value, if any is attached to a license.

After 35 years practicing law, ( and being a former associate professor of Legal Medicine at the University of Buffalo School of Medicine) I come across this problem frequently in all professions.

If you would like to discuss this matter further, please feel free to contact me.

Re: the value of my pharmacy license

Professional licenses obtained during the course of the marriage are most often treated as assets of the marriage. You should consult a qualified matrimonial attorney in your area in order to discuss the specifics of your case and what you can do to protect as much of your assets as is legal.