When a couple decides to divorce and one or both spouses own a business, a business appraisal or valuation is needed to determine its value. The appraisal is performed to determine how much the business is worth and what portion of this value is owned by both parties (the community). The community value in the business is then utilized in dividing the couple’s marital property. 
Business appraisals in family law matters are performed for closely held private businesses and professional practices. The business ownership maybe organized as a corporation, partnership, sole proprietorship or trust. The couple may own the business entirely or only a part of the business.
The appraisal includes a thorough financial analysis of the subject business. Financial records are obtained, its performance (past and present) is analyzed, and owner compensation is evaluated. Taken into consideration are the business income, expenditures, assets, industry databases and comparable sales transactions.
When a business appraisal is completed accurately, it can be a valuable piece of information for both parties. By knowing a reliable value, couples can agree on a marital property division sooner and finalize their divorce agreement quickly.
If you are contemplating divorce – or have started divorce proceedings – and have a complicated financial business profile, contact us today to speak with a forensic accountant to see how they can be of assistance.
Our accounting professionals at White, Zuckerman, Warsavsky, Luna & Hunt are a diverse group, knowledgeable in commercial and family law litigation as well as providing conventional accounting and tax practice services.
When you need more than an accountant … Get an EXPERT!
Note: This information is general in nature and should not be construed as legal/financial/or tax advice. You should work with your attorney, financial or tax professional to determine what will work best for your situation.
Michael C. Prothero is a Certified Public Accountant and partner at White, Zuckerman, Warsavsky, Luna & Hunt, LLP (WZWLH).
Accredited in Business Valuation by the American Institute of Certified Public Accountants Certified Valuation Analyst from the National Association of Certified Valuation Analysts
Hello there,
You and your team are really doing well in your industry. Would you like a free AI SMS + Voice agent demo that can book sales calls for you around the clock automatically, and an analysis of how much revenue you may be missing out on to highlight the cost of not using AI solutions?
Best regards,
Michael Baptiste
AI & Digital Marketing Expert
Hundreds of clients globally
15+ Years of digital marketing experience, 4+ years of AI experience
As featured on Fox News, The Think and Grow Rich International Mastermind show, The Les Brown podcast, Disrupt Magazine, Voyage MIA, MyCorporation, & more
https://bit.ly/skywebai
Original architects of bulk form marketing—1.2 billion submissions since 2017. Our proprietary routing tech bypasses CAPTCHAs and throttling, so your campaign never stalls. Third-party reviews report an 18 × ROI within one month. Clients from SaaS, e-commerce, and B2B services keep renewing because the math just works. You’re one launch away from the same growth curve—activate your campaign at Contact Form Leads.
-> Check it out: https://bit.ly/submitmyform
Hi there — I came across your business and had a quick idea.
We help companies like yours get more leads by optimizing their Google Business Profile using AI tools and content automation — this often leads to a 30–70% increase in local calls and visibility within weeks.
Would you like a free visibility audit and 3 fast-win suggestions customized for your business?
Just reply “YES” and I’ll send it over or set a quick meeting below— no cost or obligation.
– Jenny Stewart
https://tidycal.com/m8lye21/15-minute-meeting