For those who get divorced in Pennsylvania and throughout the country, their company could be their biggest asset. Therefore, it is important to know how much it is worth to ensure that a fair settlement can be reached when dividing it at the end of the marriage. Knowing how much the company is worth can also be useful if one person has to buy out the other as part of a settlement.
It is critical for business owners to find out what their company should be valued at. There is no room for guessing or estimating; an independent appraiser should be hired to complete this task. This is usually a good idea even if the other spouse is transparent about how much money the company makes, what its liabilities are and what it could make in the future.