I am not a therapist or a divorce attorney, but I do offer advice for people separating and planning to divorce when privately-held business are involved in the allocation of assets.
Get one business valuation.
Business valuations prepared due to divorce are difficult at best. Both parties are usually unhappy and both divorce attorneys are often seeking angles and areas to negotiate for their client.
When it comes to needing a business valuation of one or more businesses as part of a divorce settlement, there is no reason to have each party pay for their own business valuation. It is a waste of time and money.
Why?
A business valuation is a thorough analysis prepared by an objective party. As a business appraisal professional having the highest certifications available, I am committed to developing an objective analysis. The valuation is supported in detail by how I completed the evaluation and why I came to the valuation. The process is consistent for every business valuation developed with no effect of the involved parties.
Agreeing to hire a proven business valuation professional will provide the information needed as an input in the divorce settlement. It is both an efficient and objective approach to complete the divorce proceedings and move on with your lives.
When Values Matter.
