
Episode #64
The Business Ownerβs Divorce: Protecting Your Professional Practice
Episode Summary: Rhett Burney delves into the intricate world of protecting businesses during divorces, discussing how courts determine business values, the impact of personal versus enterprise reputation, and the role of forensic accountants. Rhett also addresses key legal steps for business owners facing divorce, emphasizing the importance of early legal consultation and safeguarding business assets. Key Timestamps: 00:00 β Introduction 01:30 β Determining Fair Market Value of a Business 04:15 β Personal Reputation vs. Enterprise Reputation 06:20 β Impact of Business Owner's Income in Divorce 08:45 β Treatment of Businesses Started Before Marriage 11:10 β Role of Forensic Accountants in Divorce Cases 14:00 β Legal Steps for Documenting Separate Business Assets About the Show: Join attorney Rhett Burney on *Off the Record*, a podcast that dives into key topics in family law, estate planning, and probate. With over three decades of experience guiding families through legal matters, Rhett shares practical insights and real-world expertise.






