Business Valuations in Divorce: What You Need to Know Before Splitting a Business

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A business, whether owned wholly or in part, may represent a significant portion of the marital estate in divorce settings. In these situations, the parties will frequently disagree on the value of the business. To understand the value of a business and the disagreement of the parties, two very important concepts need to be discussed: Standard of Value and Approaches to Value.

Michael Philipp

CPA, CVA, CDFA®, CMCA

Michael is the founder of Valuation Consulting Group LLC, a Colorado Public Accounting firm that specializes in business valuations and litigation support services in Grand Junction, Colorado. He is a member of the American Institute of Certified Public Accountants, the Colorado Society of CPAs, the National Association of Certified Valuators and Analysts, and the Institute of Divorce Financial Analysts.