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there’s a lot of different ways to value
a business in a divorce and it really
depends on the type of business
but in most cases that we deal with we
hire
business valuation experts and we have a
list of of
various experts that we use and we try
to choose the right expert for the right
case and the right
asset and once we determine the best
expert we work with that expert to
determine
the the value that we need and to really
understand how the business works
and then decide how to deal with that in
the divorce
um and it really depends on the
particular
business if it’s a
professional practice it gets valued one
way or if it’s a hedge fund it gets
valued another way and we’ll find the
right expert to do that valuation and
we’ll make sure that the expert has all
the information and materials they need
in order to get that done correctly in
some cases we’re able to agree with the
other side on an expert so we’re able to
get a neutral to do that but it really
is a case-by-case basis as to if we
decide if a neutral is right for us or
if our client needs their own expert to
really dig into this business
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NYC family law attorney S. Susan Gross explains how a business valuation is determined in a divorce.