Dividing a Business: What You Need to Know About Valuation in Divorce

As part of the divorce process, many assets and liabilities will have to be divided between the parties through a process called equitable distribution. Essentially, a court will classify property as either marital or separate, place a value on the property, and then distribute between the spouses. The value used will be the fair market value as of the date of separation. For some items, … Continue reading Dividing a Business: What You Need to Know About Valuation in Divorce