Divorce

With the breakup of a marriage that includes a company owned by one or both of the partners, determining the value of the business can add additional stress to an already tense situation. Whether you or your spouse is the owner of the business, or you and your spouse are business partners, the business is often the most significant asset of the marital estate. When the business is included as a marital asset, the court will usually require a value be put on the business to allow for an equitable distribution between the partners.

We understand divorce is stressful, especially when spouses begin the separation of financial assets. Add to this the discussion of unfamiliar, complex financial matters and communication during divorce proceedings can easily break down. The establishment of a fair market value for the business will help both parties become comfortable with the financial situation and aid the court in making a determination for the fair distribution of assets.

In addition to providing a valuation report, the valuation professional will explain the results of the report in understandable terms to the attorney, the court and the individual involved in the divorce action.