A privately owned business is often the single largest asset in a high net worth divorce, and also the hardest to value. The figure on a tax return is not the same as a business's fair market value, and spouses frequently disagree by wide margins. A high net worth divorce lawyer in Fort Lauderdale will usually bring in a valuation expert to establish a number that can be defended.
The valuation matters because the business often needs to be offset against other assets rather than sold. One spouse keeps the company, the other receives equivalent value elsewhere, and getting the figure right protects whichever side you are on. Brodzki Jacobs coordinates that process so the valuation holds up if the case proceeds to court.
