Скачать или смотреть How Are Family Businesses Valued During a Divorce in Ontario? | Family Law | Lerners LLP

In this video, Carolyn Lloyd, family law partner at Lerners LLP, explains how family businesses are valued during a divorce in Ontario — a complex issue that many separating spouses face.

Carolyn shares that the first and most critical step is determining the value of the business, which typically involves engaging chartered business valuators and sometimes tax consultants. She clarifies that valuations are rarely based on liquidation, since most people want to keep their business intact. Instead, experts look at the fair market value of the business as a going concern.

She notes that many family businesses involve farms, which means additional layers of valuation for land, equipment, and other assets. Lawyers work as a team with financial experts to determine:
Whether the business is jointly owned
Whether one spouse must make an equalization payment
Whether a buyout is required so one spouse can continue operating the business

Carolyn emphasizes that the goal is always to avoid “cooking the golden goose” — ensuring the business remains viable, continues generating income for support obligations, and retains its long‑term value for settlement purposes.

For anyone concerned about protecting a family business during a separation, Carolyn encourages them to reach out to discuss their options and protect what matters most.

Viewers can contact Carolyn Lloyd at Lerners LLP for personalized guidance.

0:00 – How family businesses are affected by separation and divorce
0:17 – First step: determining the value of the business
0:31 – Why liquidation value isn’t typically used
0:39 – Fair‑market‑value and going‑concern approach
0:44 – Building a professional team to assess the business
0:49 – Ownership, equalization, buyouts & “not cooking the golden goose”
1:16 – How business income affects support payments
1:22 – How business value impacts settlement outcomes
1:31 – Protecting what matters most during a separation
1:40 – Connect with Carolyn Lloyd

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Carolyn J. Lloyd
Partner
Lerners LLP
https://lerners.ca/lawyers/carolyn-lloyd
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Family law clients retain Carolyn during a difficult time of their lives. Concerned for their emotional and financial well-being, she vigorously protects their legal rights and interests to help them move forward.

Office: +1 519 670 7267
Email: [email protected]