Business valuation for divorce purposes is a critical component to divorce separation agreements. When a divorce occurs, a fair market value of the business, as well as the division of assets and business interests, is needed. Divorce is a difficult process that becomes further complicated when a closely held business is involved. In such cases, a business valuation is typically required to determine the equitable distribution of marital assets. Often, the divorcing couple will disagree over the value of the company, requiring a business appraiser to provide his or her expert opinion to help the court come to a conclusion of value. Knowing what to expect in the divorce process can help business owners and their spouses reach amicable agreements and reduce the cost, time, and stress involved in divorce proceedings.