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Day: December 1, 2020

December 1, 2020

Valuing a Business in a Divorce

If you or your spouse have an ownership interest in a business, that ownership interest may be considered a marital asset subject to division in your divorce.  As with any asset, the first question issue that must be determined is whether (or what portion) of the business interest is martial.  If the business ownership interest is marital, then you must determine what the value of the interest is.  Determining the value of the ownership interest for divorce purposes can be complex. Some businesses have multiple owners with varying percentages of ownership interests. The type of business entity can also add
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