S10 Ep12: Can My Business Value Drop During Divorce?

#ChooseGoldman The value of a business during a divorce is subject to rapid changes based on profit margins, accounting timing, and seasonal market conditions. Attorney Akiva Goldman explains that Michigan courts look past temporary financial snapshots to find the true normalized equity built during a marriage. • Professional valuations are necessary to look beyond high revenue and evaluate actual profit margins that may be as low as 2%. • Strategic financial decisions, such as pre-funding a 401(k) or pension plan, can significantly lower the business's apparent profitability on paper. • Michigan courts analyze seasonal income fluctuations to ensure a fair valuation that isn't skewed by temporary "seasonal zeros." • Market conditions and manual labor limitations during harsh winters are scrutinized to determine the "normalized" value of a company. • The distinction between "Enterprise Value" and "Personal Goodwill" can lower the divisible marital value if the business relies solely on the owner's reputation. Download Divorce & Custody Survival Guide. Click here: https://akivagoldman.com/free-legal-ebook/ Schedule Your Complimentary Phone Consultation: https://app.acuityscheduling.com/schedule.php?owner=17105687&appointmentType=18529428 Click here to watch the video: https://youtu.be/GsfI1Kr6--k For more information: https://akivagoldman.com/michigan-divorce-lawyer Learn more in our blog: https://akivagoldman.com/blog/divorce/can-my-business-value-drop-during-divorce Visit us at ChooseGoldman.com #Goldmanandassociateslawfirm #ChooseGoldman #ChooseGoldmanLaw #MichiganDivorce #BusinessValuation #DivorceAttorney #MichiganFamilyLaw #PropertyDivision #AssetValuation #LegalAdvice