Business Valuation in Divorce: Methods, Applications, Challenges, Key Strategies

Course Details
- smart_display Format
On-Demand
- signal_cellular_alt Difficulty Level
Intermediate
- work Practice Area
Family Law
- event Date
Tuesday, March 18, 2025
- schedule Time
1:00 p.m. ET./10:00 a.m. PT
- timer Program Length
90 minutes
-
This 90-minute webinar is eligible in most states for 1.5 CLE credits.
This CLE program will enhance family law attorneys' expertise in handling business valuations during divorce proceedings. The panel will discuss the valuation of ownership interests in small and closely held companies.
Faculty

Mr. Potter is the Chicago regional leader and has provided valuation, litigation advisory, and forensic accounting services for numerous purposes, including marital dissolutions, shareholder disputes, estate and gift taxation, purchase price allocation, Employee Stock Ownership Plans, brokerage fraud, bankruptcy, potential transactions and intellectual property valuations. He has extensive experience with intellectual property and brokerage fraud litigation, having provided advisory services in several patent infringement, misappropriation of trade secret and securities fraud matters. Additionally, Mr. Potter has been involved in the appraisal of real estate for various property types, including office, industrial and retail buildings, and vacant land. He has provided services within the context of litigation and has been trained to offer services within various alternative dispute resolution models. Mr. Potter has presented continuing education seminars on business valuation, understanding tax returns, occupational fraud, and computer forensics and e-discovery. He has also published several articles on valuation and other related topics. Mr. Potter was a contributing author to the chapter entitled “Valuation in Shareholder and Partner Disputes” in Business Valuation, published by the Law Journal Press, and to the chapter entitled “Valuation, Purchase Price, and Financing” in the 2023 edition of Business Law: Mergers and Acquisitions, published by IICLE®.

Mr. Gitlin exclusively practices divorce and family law. He is a published author and frequent lecturer to family lawyers both statewide and nationally a wide variety of issues including business valuation issues in divorce cases. He is Fellow of AAML and was named by the Illinois ICLE as one of five Illinois family lawyers for their 21st Century Master Teacher's Program.
Description
Business interests introduce a layer of complexity when dividing property in divorce cases. Counsel must thoroughly understand the nuanced issues surrounding the valuation of business interests and the equitable distribution of these assets.
When one spouse owns a business, several factors must be considered. A business that predates the marriage might not be classified as marital property, but there could be a marital interest if the business grew significantly due to marital efforts. On the other hand, if the business is deemed marital property, the next step is to establish its value and decide how to compensate the non-owning spouse. Awarding offsetting assets, immediate cash payments, and structured property settlements must be explored.
Personal and business expenses can blur the lines in financial statements, complicating the valuation process. Counsel must work with the expert to differentiate between these expenses to ensure an accurate valuation.
Listen as our panel discusses the general principles involving business valuation and divorce and identifies differences in the laws of various states. We will provide the tools and knowledge to help you analyze and navigate the challenges raised by business valuation.
Outline
- Introduction to business valuation in divorce
- Working with financial experts
- Valuation methods and their applications
- Income approach
- Market approach
- Asset-based approach
- Identifying and addressing common challenges and discrepancies in valuation
- Analyzing financial statements and distinguishing between personal and business expenses
- Strategies for effective advocacy
Benefits
The panel will review these and other relevant matters:
- Business valuation concepts and methods
- Determining whether a business is a marital asset
- Strategies for transferring value between spouses
- Addressing personal vs. business expenses in valuations
Unlimited access to CLE courses
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- CLE On Demand Webinars
- All CLE Course Materials
Unlimited access to CPE courses
- CPE Live Webinars
- CPE On Demand Webinars
- All CPE Course Materials
Unlimited access to all our courses including:
- CLE Live Webinars
- CPE On Demand Webinars
- Professional Skills
Related Courses

Business Valuation in Divorce: Methods, Applications, Challenges, Key Strategies
Available On-Demand

Divorce and Division of Stock Options and Restricted Stock Units
Available On-Demand
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