Divorce is rarely a simple process, especially when business assets are involved. It’s one of those life events that no one plans for, and when it happens, it can feel like the world is turned upside down. As someone who has spent over 40 years as a Chartered Accountant, working with buyers, sellers, lenders, and even courts on business valuations, I can tell you that the process of dividing assets in a divorce can be
emotionally, financially, and legally complex. Having also experienced a divorce personally, I know firsthand the challenges that can arise.
At AAL, we are frequently called upon to assist with valuing the business assets of a couple going through a divorce. The situation can be difficult and often tense, but our role is to remain impartial and professional. When emotions run high and negotiations break down, we step in to provide a fair and accurate valuation that serves as a basis for the next steps—whether that’s facilitating further negotiations or providing a number for the courts to make a final decision.
The Value of a Professional Valuation in Divorce
When a couple goes through a divorce, one of the most contentious issues can be the fair division of assets. For business owners, this often means determining the value of the business itself. It can feel like a personal loss to part with part of your livelihood, especially when the valuation is done under the pressure of a pending divorce.
Our role is not to take sides but to provide clarity. We gather all the relevant financial data and apply a rigorous, professional valuation process to ensure that the business value is calculated fairly. This figure then becomes the starting point for negotiations or, in cases of irretrievable breakdowns in communication, serves as a basis for the court’s final decision.
Weighing the Emotional Impact
It’s important to remember that in divorce, there are rarely any “winners.” Even when the financial aspects are settled, the emotional toll can persist. But by providing a solid and transparent valuation, we can help reduce uncertainty and facilitate a more constructive discussion between the parties. Our goal is to provide more than just a number—we aim to offer insight and support, helping both parties work out a payment or asset split plan that makes sense for their future. It’s not just about the valuation itself, but about providing a roadmap that enables both individuals to move forward with confidence and clarity.
How to Navigate a Business-Valuation Divorce
For those considering divorce, there are several steps that can make the process smoother and more manageable:
- Start Early: The earlier you engage professionals, the more smoothly the process will go. Taking a proactive approach can prevent misunderstandings, delays, and unnecessary conflict.
- Communicate Openly: Honest and transparent communication, even in difficult situations, can lead to better outcomes. Early talks help set the tone for cooperation rather than confrontation.
- Seek Professional Advice: Divorce is complicated, and the financial side can be even more so. Whether it’s a business, pension, or property, professional advice from experts like us ensures that you’re making decisions based on accurate and objective information.
- Stay Realistic: Divorce involves negotiation, and while it can be a difficult process, it’s essential to be realistic about what is achievable. A fair valuation is the first step towards a fair resolution.
The Atla Advisory Approach
At AAL, we’ve probably seen it all, from straightforward cases to the most complex and contentious divorces involving high-value businesses. We understand the emotions at play, but we also know the importance of sticking to the facts and ensuring that both parties have the information they need to make informed decisions.
As a Chartered Accountant with decades of experience valuing businesses, my focus is on delivering clarity, transparency, and actionable insights. AAL works closely with both parties, offering a fair and impartial valuation, and if necessary, a tailored payment or asset-split plan that helps pave the way for a more secure future.
At the end of the day, we know that the process can be painful, but our commitment is to help you navigate it as smoothly and professionally as possible. We’re not just here to crunch the numbers—we’re here to offer the support and guidance you need to move forward.
We’ve got you covered.
Whether you’re a business owner or simply looking to understand the value of your shared assets, you don’t have to do this alone. At AAL, we aim to provide more than just a number—we provide insight, support, and a path forward.
Jon Whiting is Associate Director at Atla Advisory Limited and a Chartered Accountant with over 40 years of experience in business valuation across a broad range of sectors.