Three Pressing Issues for Business Owners Going Through a Divorce

The most significant asset in a marital estate is often the family business.

Splitting up a marital estate can be a long and complicated process, particularly if one of the assets includes a privately owned business.

Some common issues include:

  • How much is the business actually worth?
  • Do you need to be concerned about the issue of “double dipping” when considering the valuation of a business and the money spouses owe in support obligations?
  • Is the spouse that owns and operates the business deceptive when it comes to reporting his income?

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