This author focuses on privately-held corporations from the perspective of the family law lawyer. Specifically, she looks at the impact of these corporations on matrimonial property division and support issues. Sub-topics include discussions of the anatomy of financial statements, balance sheets, and income and expense statements; different  methods for valuing the privately-held corporation; the principles of valuation; considerations when distributing closely-held business interests; considerations under the Matrimonial Property Act; and calculating income for the self-employed under the Child Support Guidelines. References included.

This paper is part of a collection presented at LESA’s All That Touches Family Law program in September, 2015.