At BSG Solicitors, we understand that divorce can be emotionally and financially challenging — especially when one spouse owns or runs a business and the other does not have clear access to its financial details.
If you're not the one involved in the day-to-day running of a business during your marriage, it can feel overwhelming and unfair when divorce proceedings begin. But rest assured, you still have legal rights and entitlements, and we're here to help you understand and protect them.
Why the Business Matters in Divorce
In the eyes of the law, a business is often considered a matrimonial asset — especially if it was started or grew significantly during the marriage. Even if your spouse was the one running the company, you may still be entitled to a share of its value.
This can be a complex area, particularly if:
You don’t have direct access to the business accounts or financial records
The business is structured to minimise apparent profits or income
You suspect assets may have been hidden or undervalued
Our Role: Getting to the Truth
At BSG Solicitors, we take a thorough and strategic approach. When acting for a spouse who is not actively involved in the business, we start by gathering as much information as possible. This includes:
Requesting full and frank financial disclosure from your spouse
Working with forensic accountants when necessary to assess the true value of the business
Investigating whether income is being artificially reduced or whether assets have been moved
The courts take a dim view of dishonesty or lack of transparency, and there are legal routes we can take if your spouse fails to provide the required information.
Valuing the Business
Business valuations can be complex and subjective. That’s why we often work alongside experienced independent experts who can provide a clear and fair valuation. This can include:
Analysing accounts and cash flow
Reviewing company assets and liabilities
Considering the business’s market position and future prospects
The goal is to ensure the court has an accurate picture of the business’s worth — and that your financial settlement reflects your fair share.
Achieving a Fair Settlement
The court will look at a range of factors when dividing assets, including your contributions to the marriage (both financial and otherwise), your future needs, and any dependent children.
Possible outcomes include:
One spouse retaining the business while compensating the other with a larger share of other assets (such as the family home or pensions)
Ongoing maintenance payments if the business owner’s income significantly exceeds yours
In some cases, the sale or restructuring of business interests
Every situation is unique, and we tailor our advice accordingly.
You Don’t Have to Be Left in the Dark
Just because you weren’t involved in the business doesn’t mean you have to settle for less. At BSG Solicitors, we’re committed to ensuring your financial interests are fully protected. We combine expert legal advice with a sensitive and proactive approach — because you deserve clarity, confidence, and a fair outcome.
If you're facing divorce and there’s a business involved, contact our experienced family law team today. We're here to help. Please call (01524) 386500 or (01772) 253841 to arrange an appointment.