Eidelman & Associates The Good, the Bad & Ugly Things a Divorce Attorney | Page 14

Business Valuation Complications
It is never easy to value a business when facing a high net worth divorce. You
have to factor in things like account receivables, current stocks, high-value
business assets, and unvested interests. These factors require you to consult so
many experts who are expensive to hire. The complications mostly arise when
a spouse refuses to disclose the full details of offshore business assets. You
need these experts to do the full evaluation.
Just as a divorce is expensive to a family, it is even more expensive to a
business. This is if you consider the hidden costs that are involved. So, if you
are an HNWI facing a divorce, you have to brace yourself for a costly process
that is likely to impact your business assets. The secret, however, is to seek
help from a legal expert and financial advisor.