Your soon-to-be Ex thinks the business is worth millions. You know it's worth Far Less.

What do you do?

First, arm yourself with as much knowledge as possible. Because the decisions you make today will affect your wealth tomorrow.

Divorce is stressful enough without guessing

A business valuator can be an important resource for divorcing couples who have one or more businesses as marital assets. They can help to accurately determine the value of the business(es) as part of the divorce settlement. This can be especially important if the business is a significant asset that needs to be divided between the two spouses, or one spouse thinks it is worth more than the other.

One way that a business valuator can help to facilitate a smoother divorce settlement is by providing a neutral and unbiased assessment of the business's value. This can help to reduce conflict and eliminate the need for lengthy and costly negotiations over the value of the business.

Another way that a business valuator can help is by providing a detailed and comprehensive valuation report that outlines the various factors that were taken into consideration in determining the business's value. This can help both spouses to better understand the valuation process and feel more confident in the accuracy of the valuation.

Overall, the role of a business valuator in the divorce process is to provide a fair and accurate assessment of the value of a jointly-owned business, which can help to facilitate a smoother and more amicable settlement.

I'm getting divorced, what do I do?

It can be overwhelming figuring out what to do and how to be fair to yourself and your spouse. Follow these three easy steps to deal with the business portion of your divorce.

REQUEST THE GUIDE  

Click on the blue button to request the "Business Valuations for Divorce" guide.

SCHEDULE A CALL

Once you know how it works, ask your questions or get started.

The Hidden Costs of Skipping a Business Valuation in Divorce

Going it alone may cause you immediate or far-reaching problems. Do you know how to account for all the what-if's for your situation? 

You agree on an amount but the judge over-rides the value

When the valuation doesn't take into account any cashflow problems

The valuation is acceptable, you make the necessary payouts and then CRA comes along and determines it is too low and heaps taxes and penalties on you

Your spouse is the "face" of the company but will no longer be part of the business

 The Benefits of Hiring a Professional Valuator

There are advantages to having a professional do the valuation for your business.

While 'goodwill' can increase a company's price for a sale, there is no intrinsic value when figuring out divorces

Build Productive Habits

Knowing the value of your business is essential for making informed decisions about investment and growth, setting financial goals, and negotiating with partners and investors. Read our blogs, keep up to date and have a clear understanding of how your business's value is crucial for long-term financial stability and growth.

September 25, 2023

Read More

August 29, 2023

Read More

Sign Up For Our Newsletter & Never Miss an Article!

Maximizing the value of your business can be tough. Join hundreds of smart entrepreneurs and professionals that subscribe and rely on the Troy Valuations newsletter to maximize the value of thier businesses and have advance warning of the local, national, and global events that could affect your business.

>