Expert assessment and division of business interests in family law
Business interests often represent significant value in property settlements. Whether it's a family company, professional practice, partnership, or sole trader operation, accurately valuing and dividing business assets requires specialised expertise. Melbourne business valuation lawyers understand the complexities of assessing business worth while protecting ongoing operations and future income streams.
Identify all business interests, review company structures, and determine what needs valuation. Consider both direct ownership and indirect interests through trusts.
Engage qualified business valuers - ideally a single joint expert to save costs. Forensic accountants may be needed for complex structures.
Collect financial statements, tax returns, management accounts, contracts, and operational data. Full disclosure is mandatory.
Expert applies appropriate valuation methods, considers market conditions, and assesses maintainable earnings and future prospects.
Valuation report provided, parties negotiate division options considering tax implications and business continuity needs.
One party retains the business and compensates the other:
Parties remain business partners post-separation:
Sell the business and divide proceeds:
Divide different parts of the business:
Unique challenges include:
Additional complexities:
Business division can trigger significant tax consequences:
Expert assessment ensures fair value determination
Preserve value while navigating division
Creative approaches to complex divisions
Business valuations are part of comprehensive property settlements. Find specialists in all financial aspects.
Get expert legal advice on business valuation and division from experienced family lawyers
Find Business Valuation Lawyers