Divorce Focus: Valuing and Dividing a Family Business

If you’re a Minnesota resident eyeing the valuation and division of a family business in the divorce process, you’ve obviously got a lot on your mind.

Unquestionably, you — perhaps along with your soon-to-be-ex — worked long and hard to create your business.

It is thus now a logical expectation that you see the fruits of that labor and creative energy properly valued and distributed at the end of your marriage.

That spells both opportunity and challenge.

Of course, and notwithstanding the obvious complexity in dividing a closely held family business, the complications can be overcome.

The bottom line for most couples seeking an equitable resolution is often underscored by the need to be reasonably timely and diligent in the effort to accurately gauge the business value and come up with a fair outcome at the end of a marriage.

A proven divorce attorney with a demonstrated history of client advocacy in business-related matters can help promote those fundamental objectives.

We note on our website at the Twin Cities Mack & Santana Law Offices, P.C., that, “Knowing how much your business is worth is the first step to protecting your interests.”

Our attorneys help you gain comfort on that key point, working together with established financial experts to come up with an accurate valuation.

Once that is known, other important factors can be addressed and more easily resolved.

We welcome questions to our firm and stand ready to help every client with dissolution-related property concerns secure a best-case outcome.