Valuing Your Business in Divorce: What Every Business Owner Needs to Know

Divorce can be particularly challenging for business owners. The process of determining the value of a business in divorce proceedings requires careful consideration of various factors, including personal goodwill, community property, and business assets.

When it comes to your business, the first step in divorce is understanding how it will be valued. 

This typically involves hiring a professional business valuation professional who will evaluate key aspects such as equipment, cash flow, liabilities, and whether the business relies on personal goodwill or market goodwill. 

In some cases, businesses may have little to no extrinsic value, especially those heavily dependent on the owner's personal involvement.

From determining whether your business is separate or community property to understanding how personal goodwill impacts the business’s worth, this video series breaks down the key components you need to consider when navigating business valuation during divorce.

Schedule your case evaluation today at www.defordlawfirm.com or call 936-274-6823.